A short conversational transcript from a September 30, 2023 YouTube video where Mark Simpson asks about the performance recovery of traditional hotels compared with short-term rentals (STRs) and Airbnb since March 2020. The respondent notes a data-driven deep dive referencing the industry data provider STR and reports that hotels showed strong growth through 2021–2022, implying a comeback.
Last question. Obviously, hotels haven't been performing as well since, obviously, March 2020. But there's a, there's a, there's a comeback. Hotels versus STR, hotels versus Airbnb. Obviously, it's been around. What are, what is the data showing? Are hotels back? Are cruises back, or is it still very much sti? What's the sort of data that you're seeing to sort of back up this hotels versus Airbnb. TikTok chat.
So we did a deep dive into the research with the big hotel provider, annoyingly named str, making it more confusing to sort of report out the analysis. But the trend and yes, hotels are now are we're growing and at a really strong pace in 2021, 2022, sort of catch.
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