COVID. Short Term Rentals Fare Better than Hotels.

The week of March 31, 2020, in 27 key markets, hotel occupancy decrease by 77% and short term rentals decreased by 45%.

Recovery for short term rentals has been steeper with roughly 2.5 million bookings per week worldwide.

S&P Global Market Intelligence | Short-term rentals weathered COVID-19 better than hotels, data firms say