Former CBRE economist Lane joins AirDNA
US: Short-term rental analytics firm AirDNA has announced the appointment of economist and lodging expert, Jamie Lane, to the position of vice president of research. During his time as senior director of research for CBRE Hotels, Lane led all aspects of research, forecasting and data intelligence. He has carried out extensive research on the determinants […]
LA ranks number one in US for short-term rentals
US: According to research by real estate body CBRE, Los Angeles ranks highest in two core short-term rental statistics. The city was found to have both the highest ranks in number of short-term rentals on the market, as well as the highest ratio of rentals to traditional hotel supply. The information comes from a fourth […]
Supply rises and growth slows: CBRE tracks the rental industry
US: If any market has seen seismic change over the last decade, it is the one for short-term rentals: the industry went from a handful of small vacation rentals to around 1.5 million units of available supply in the U.S. alone by the end of 2019. The U.S. industry has seen a penetration rate of […]