Insight
The shutdown in 2020 served to weed out pretenders in the STR market, leaving opportunities for hosts who persisted.
This article discusses lessons learned by short-term rental hosts in 2020, specifically highlighting opportunities that arose during the COVID-19 pandemic. Hosts can learn from the experiences shared, including the importance of perseverance, building a strong team, and adapting to market changes. Consider building your team and refining your business model based on the insights from experienced hosts.
The shutdown in 2020 served to weed out pretenders in the STR market, leaving opportunities for hosts who persisted.