Thursday 5 November, 2020 TOP STORY What would a Biden US election win mean for the short-term rental industry? STRz hears from seven thought leaders to gauge what an election win for Joe Biden would mean for the short-term rental industry and the travel sector in the USA. If you missed our last newsletter....
1. Airbnb announces creation of host advisory board 2. Hospitality to shut for one month in England lockdown 3. STAA launches Trusted Stays for UK key workers 4. Join our LinkedIn group here 5. Rentals United names world's top 50 property managers
Editor's comment
05•11•20 Welcome to the latest ShortTermRentalz newsletter!
• Following one of the most fraught and polarised Presidential Elections in the history of the United States, we spoke this week to seven thought leaders from the short-term rental industry to gauge the impact of the election result on the space and the travel sector in general.
As the world looks on with bated breath, the election leaves many questions, no matter who ends up in the White House for the next four years. With votes still being counted, the race for the presidency could hardly be closer as Democrat Joe Biden edges closer to the 270 Electoral College votes needed to be elected, though his Republican counterpart Donald Trump is citing alleged voter fraud [without proof to substantiate this] and threatening to take the matter to the Supreme Court, further delaying a conclusion.
Both candidates seemingly advocate contrasting approaches to combating the virus, which will only add to the uncertainty hanging over the country. While a win for Biden may bring a more scientifically aligned, unified approach against the virus that could enhance trust for travellers, a Trump victory may keep travel and hospitality open for longer but perpetuate the division of the population and the impact of Covid-19.
To find out more and read the insights of David Krauss [Rent Responsibly], Philip Kennard [Futurestay], Jill Mason [VRScheduler], Alex Nigg [Properly], Bill Evans [BlueZoo], Nancy McAleer [FLARBO] and Parker Stanberry [Oasis Collection], click on the link here.
• As England enters a four-week lockdown, the majority of hospitality operators are being forced to close their doors again.
While it is a situation none of us would wish for, it is another opportunity for the short-term rental industry to demonstrate its resilience, and let's remember that short-term rentals are performing a lot better than other hospitality and real estate asset classes.
• Due to the latest government lockdown announcement for England, we have postponed our Urban Living Lite series of face-to-face events. They will now run from 1-5 March 2021 - click here for the full schedule.
• Last week, we also confirmed that our annual Shortyz Awards would be returning for 2021 with six new categories being announced. The entry period for the Shortyz will open later this month and further details about what you can look forward to for our 2021 event will be announced shortly.
If you have a story you want us to tell the industry, please click here or contact me at my email below.
Paul Stevens, editor
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