STR: Short-term rentals outperform hotels in three US markets
US: Short-term rentals in three key US cities showed substantial month-to-month performance growth and posted higher occupancy than hotels in the market, according to October 2020 data from data benchmarking and analytics provider STR. Building on STR’s hotel performance database, Philadelphia, Nashville and Miami are the first three US markets where the company has expanded […]
STAA signs partnership deal with STR
UK: The UK Short Term Accommodation Association [STAA] has announced a new partnership with global research house STR to launch a unique tracking study that will measure the performance of serviced apartments, short-term rental accommodations and hotels, starting with a pilot in London this month. STR provides premium data benchmarking, analytics and marketplace insights for global […]
AirDNA and STR report: Rentals weathering pandemic better than hotels
Worldwide: Short-term rentals are weathering the pandemic better than hotels in 27 markets, according to a joint report by leading accommodation data providers, STR and AirDNA, which compared the impact of the coronavirus crisis on hotels and short-term rentals from January 2019 through to 27 June 2020. The report found that while both accommodation types […]
Short-term rentals outperformed hotels in 27 markets during pandemic
US: Short-term rentals have maintained higher performance levels than hotels during the time of the Covid-19 pandemic, according to the preliminary findings of a joint global analysis by hotel data intelligence and global benchmarking firm, STR, and AirDNA. The full analysis will be made available via each company’s website and press release during the coming weeks. […]