There is a lesson to be learned from struggling short-term rental companies: Bigger isn’t always better.
There is a lesson to be learned from struggling short-term rental companies: Bigger isn’t always better.
How many times was “churn” mentioned in Vacasa’s earnings call? 16 times, noted one executive in the short-term rental industry (and, yes, we counted too).
There is a league of short-term rental operators quietly reducing competition through consolidation.
Nantucket’s short-term rental occupancy tax revenue reached an all-time high this summer. Short-term rentals operating on the Massachusetts island during June, July, and August generated $4.8 million in taxes for the Nantucket Finance Department, according to data obtained by the Nantucket Current.
A housing shortage, rising home prices and prohibitive interest rates are putting a spanner, or a wrench, in the housing market. But, as a result, the ease of renting over home-ownership is making developers of build-to-rent projects an ally to the short-term rental industry.
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