Over the past decade, the short-term rental industry has taken the world by storm, affecting not just where people stay while traveling, but also how they vacation in general.
Whether a recession is approaching in the short-term future or not is uncertain, but revenue managers and analysts agree that the effects of one wouldn’t be harsh on the hospitality industry. After dealing with the COVID-19 pandemic the past few years, any impending problem isn’t as frightful as it once was.