January 27, 2020
There no longer is any question that the sharing economy—and the short-term rental market specifically—is here to stay. Once dismissed as a relatively inconsequential niche product and a distant cousin to traditional hotels, Short-Term Rentals (STRs) have become a widely accepted, mainstream form of nightly accommodation.
CBRE’s Short-Term Rentals report analyzes the growth of this maturing sector and its impact on the performance of existing and new hotels.