The Short-Term Rental Hosts Spending Big to Trick Out Their Vacation Properties - The Wall Street Journal
Summary
This Wall Street Journal article highlights the trend of short-term rental hosts investing significantly in property upgrades. They are focusing on amenities and design to attract guests and stand out in the competitive market. This increase in spending signals a focus on enhancing guest experience and potentially boosting occupancy and revenue.
Key Insights
- •Investments are being made in property amenities and design features.
- •Short-term rental hosts are spending more on upgrading vacation properties to enhance the guest experience.
Action Items
- ✓Review your current amenities and design elements. Consider upgrading or adding features to attract more guests and increase your bookings.Effort: mediumImpact: medium
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