Short Term Rental Riches 57. Is the Hotel Industry FINISHED?
Hotels have been hit harder than ever before in our lifetimes and many, unfortunately, cannot hang on. They’re going out of business. Hotels that have been around forever and were once a sought after destination are not staying afloat. What does this mean for travel and our STR’s? Well it certainly will affect the SUPPLY of travel accommodations across the world which will directly impact our short-term rentals.
Listen in this week as Tim breaks down:
- The latest hotel stats
- What happens if the numbers are right?
- A list of prestigious hotels that are already CLOSED
- Why higher demand for many short-term rentals is inevitable
- Why STR’s had/have the unfair advantage
Want a crash course in just two days with everything you need to know to find, acquire and operate a short-term rental with passive operations? Good news! We have our latest live webinar recording available here; https://restmethods.com/virtual
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