July 13, 2020
As the world changes in response to COVID-19, property managers need to stay in the know. That's why we teamed up with Transparent Intelligence and Jasper Ribbers from STR Legends to talk about the devastating impacts on hospitality (especially the short-term rental industry) and how companies can bounce back. We discussed recovery trends and the latest opportunities for short-term rental businesses.
Since March, when reservations plummeted, property managers across North America have seen massive recovery. But with this resurgence comes significant changes to the shape of demand—ones we need to recognize and prepare for.
While navigating COVID-19, there are three trends all property managers need to leverage: domestic travel, rural travel and long-term stays. To see the full insights into current demand analysis and learn how to market accordingly, watch the pre-recorded discussion below:
If you're looking to keep up with the short-term rental industry throughout the pandemic, check out Transparent's COVID-19 tracker. The company's industry-leading market intelligence covers over 35 million listings worldwide across Airbnb, VRBO, Booking.com and TripAdvisor.