If you took a vacation during the pandemic (don’t worry, I’m not judging) there is a good chance that you stayed in an Airbnb instead of a hotel. These short-term rentals were generally deemed safer than traditional accommodations by pandemic travelers. Their market share of total travel lodging reached as high as 41 percent last year. This has helped the recently IPOed company’s market cap surge to $130 billion, almost as much as the top five global hotel chains combined. … Continue reading What the Growing Short-Term Rental Market Means for Multifamily Real Estate