Choice Hotels to compete with Airbnb for vacation rentals - USA Today
Summary
Choice Hotels is entering the vacation rental market, which increases competition for Airbnb. This news highlights the evolving landscape of the short-term rental industry.
Key Insights
- •Choice Hotels to compete with Airbnb for vacation rentals indicating increased competition in the STR market.
Action Items
- ✓Hosts should monitor how this new competition impacts the local market and adjust their pricing and marketing strategies accordingly.Effort: lowImpact: medium
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