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London short-term rentals outpace other accommodation types
Reading Time: 2 minutesLondon: Performance data from a study released by STR shows that the short-term rental sector in London has bounced back quicker than most accommodation sectors since the UK’s reopening, outpacing other major accommodation types for occupancy, ADR [average daily rate] and RevPAR [Revenue per Available Room]. The tracking study, conducted in partnership with the UK […]
Guesty: Booking habits “normalising” to pre-Covid times
Reading Time: 4 minutesUS: Data released by short-term rental property management platform Guesty suggests that travel is “normalising” as pre-Covid booking habits return ahead of the 4 July Independence Day and Thanksgiving celebrations. The platform believes that consumers are starting to feel more comfortable booking shorter stays and making reservations more in advance rather than at the last […]
STR: Short-term rental segment proves resilience in UK
Reading Time: 4 minutesUK: Performance data from an ongoing pilot study released by data intelligence and global benchmarking platform, STR, shows that the short-term rental sector has proven to be more resilient than most accommodation sectors during the coronavirus pandemic. Trade body the UK Short-Term Accommodation Association [STAA] believes this suggests that short-term rentals will be fastest out of […]
STR: Short-term rentals outperform hotels in three US markets
Reading Time: 2 minutesUS: 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
Reading Time: 2 minutesUK: 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
Reading Time: 2 minutesWorldwide: 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
Reading Time: 2 minutesUS: 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. […]