“Last year was the best year ever for the short-term rental industry. … Demand is about 25% higher this year than it was last year,” said Jamie Lane, vice president of research at short-term renal analytics provider AirDNA.
Bryan and Kristen Deptula, owners of an inn in Rehoboth Beach, Del., are busy preparing for a big summer.
The resurgence in travel has required Deptula — along with other mom-and-pop enterprises and larger hotels — to hire more people. While it’s been a struggle to find reliable candidates, they know it’s all-hands-on-deck to make sure they’re prepared for the Summer 2022 resurgence of “revenge travel.” If they don’t find additional workers? They will do what they need to do.
Data from CoStar, a commercial real-estate data company, also revealed that hotels in the U.S. sold more rooms over the recent Memorial Day Weekend than in any prior year. “Last year was the best year ever for the short-term rental industry,” Jamie Lane, vice president of research at the company, told MarketWatch. “Demand is about 25% higher this year than it was last year.”
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