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NEWS STORIES
FEATURES
VIDEOS
Editorial comment
14•04•20 Welcome to the latest ShortTermRentalz weekly newsletter!
• In light of the global disruption affecting the short-term rental and wider travel industry, ShortTermRentalz polled 36 property managers and management companies from around the world to see how their businesses were being impacted.
Among the key findings in the survey were:
- 55.6 per cent of property managers have not laid off staff
- 69.4 per cent of property managers have closed properties
- 62.9 per cent of property managers expect leisure travel to rebound before business travel when travel restrictions are lifted
- Estimates of how long it will take for levels of business to return to pre-pandemic levels vary from immediate to three years
Another purpose of the poll was to gather any ideas, tips or strategies that management companies could share which have helped them in their current situation. The insights that were collated within this industry report make for essential reading at a time of significant instability across the short-term rental sector as accommodation and service providers try to plot a path towards recovery.
We would like to thank everyone who participated in the survey. To view the article and the full report, visit the link here.
• Here at STRz, we want to use the collective experience and knowledge of our readership for the good of the sector, and we are appealing for you to share any hints and tips that can help others.
You can read City Relay Solutions director Erskine Berry's outlook here on what the future may look like for the short-term rental industry as well as the challenges which remain, and International Hospitality Media CEO Piers Brown has also given his thoughts here on how the coronavirus will democratise technology within hospitality and real estate.
You can look forward to much more pertinent, thought-provoking content over the next few weeks and months as we keep our community informed with everything as it happens in the global short-term rental industry.
Given the rapidly changing landscape across the travel and accommodation segments, we at IHM are branching out into different types of media and I am delighted to reveal that we will be launching a new podcast series - look out for our debut episode in next week's newsletter!
If you have a story you want us to tell the industry, please click here and get involved with the community by joining our ShortTermRentalz LinkedIn group here.
Paul Stevens, news editor
paul@internationalhospitality.media
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UPCOMING EVENTS
20-21 September, 2020
Rove and Letswork, Dubai Marina, UAE
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International Hospitality Media is the premier specialist in online publishing; conference, exhibition and events, and advisory services for niche growth sectors of the hospitality industry. The company publishes three industry-leading b2b websites - BoutiqueHotelNews.com and ServicedApartmentNews.com and ShortTermRentalz.com which keep their respective sectors up to speed with news, comment and opinion.
Our conference experience spans four continents and covers high growth segments including boutique, lifestyle and hybrid hotels, serviced apartments / aparthotels and extended stay, and vacation rental. Our events are renowned for their intense focus and attract quality industry leaders, brands and independents, providing unparalleled networking and learning opportunities. We also organise bespoke educational events and investor breakfasts to bring owners, operators and investors together.
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