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Travelers Continue to Prefer Short-term Rentals and Smaller Size Hotels – STR

December 16, 2021

Change in travel accommodation preferences continues

A new standard of preferences has been set since the beginning of COVID-19, and accommodation in the current situation continues to be less desirable than in pre-pandemic times.

Travelers continue to prefer short-term rentals and smaller size hotels (properties with less than 50 rooms) due to lingering concerns about the virus. In November 2021, traveler interest in short-term rentals was 12% above the pre-pandemic level of interest. In the context in which consumers continue to seek space and wish to minimize their contact with others, it is perhaps not surprising that self-catering and smaller sized accommodation continue to standout.

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