Article Summary:

• Expectations of an “Airbnbust” where short-term rentals would struggle
• Contrary to expectations, short-term rentals have shown resilience
• Property hosts have adapted and found success in long-term rentals
• Hotels have faced challenges due to the decrease in travel

Hot Take:

Looks like Airbnb hosts took a detour to the long-term lane while hotels are stuck in a traffic jam of empty rooms. Who knew a global pandemic would turn the tables in the hospitality world?

Original article: https://www.biggerpockets.com/blog/on-the-market-242