Will home-sharing and luxury hotels recover sooner after COVID-19?
/Key Take Away
STR (Smith Travel Research), a leading data analytics provider for the lodging industry, conducted an opinion survey about travelers' attitudes towards different types of accommodation facilities based on their preference from the past experience. One assumption for such an analysis is that travelers tend to stick to the same kind of accommodation facility for their trips.
The short-term rental/vacation rental/self-catering segment appears to be least affected for post-pandemic travel. There was only an 8 percent-point change (29% vs. 37%) for the group who would travel less.
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