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0 0 0.00243093922651932 0.000552486187845272 0.00111823204419896 -0.0110497237569061 -0.01646408839779 -0.0216574585635358
Stock impact report

Short-Term Rentals Are Here To Stay: Three Predictions For The Near Future Of This Growing Market [Forbes]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Forbes
Demetrios Barnes is the COO ofSmartRent, overseeing operations and business development.gettyPeak season is now year-round for some short-term rental (STR) markets, thanks to remote work. According to data from Airbnb, demand for stays of weeks or months ison the riseSTRs are generally seen as a mom-and-pop investment, as managing and owning vacation properties has traditionally been small-scale and family-run (think inherited properties or second homes used seasonally). But with remote work making STRs more in-demand in new markets, we’re seeing many small-scale landlords shift to STR in hopes of higher returns.Now, the sector isgaining steamAs a former single-family rental operator and small-scale investor, I believe that STRs are disrupting real estate investments the same way investment apps do for other asset classes. Here are a few things consumers, investors, owners and operators are likely to see in the near future.MORE FOR YOU‘We Can Control Our Own Destiny’: John Zimmer Shar Show less Read more
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