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- Happy New Year STRU Family! The Future is Looking Bright in 2020!
Happy New Year STRU Family! The Future is Looking Bright in 2020!
Summary
Richard Fertig and his colleague Erica discuss the past year and their hopes for the short-term rental industry in the year 2020. They share their gratitude for the STRU community and encourage hosts to focus on growth with intent and knowledge, and to take calculated risks for higher rewards in the coming year.
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More from Growth & Marketing
Cian is expanding its short-term rental options, according to the AIM Group. This indicates a growing trend in the STR market, offering more choices for both hosts and guests. The expansion could lead to increased competition and potentially influence pricing strategies and occupancy rates.
The Madison, WI startup Reliable Residence is helping traveling healthcare workers find short-term housing. This service addresses a specific need in the market by connecting healthcare professionals with suitable accommodations. The focus on a niche market suggests an opportunity for other STR businesses to specialize in similar segments, such as corporate housing or mid-term rentals.
Branson Premier announced the expansion of its vacation rental offerings in Branson, Missouri. This suggests growth and potential new opportunities in the local market for short-term rental hosts. Hosts in Branson may want to research current market trends and consider the impact of this expansion on local competition.
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