Short-term Rental Market Faces Consolidation as Start-ups and Small Landlords Offload Properties
Consolidation is hitting the market for short-term home rentals as the coronavirus pandemic has curtailed travel dramatically this year.
CNBC reports on how start-ups and small landlords are offloading properties as the pandemic reshapes the short-term rental landscape. Vector Travel operates on an 85/15 revenue-share model with multifamily owners rather than signing individual leases, a structure that avoids the fixed-cost exposure at the center of this consolidation wave.
A model built to weather market shifts
While lease-dependent operators struggled during consolidation, Vector's revenue-share structure kept owners protected and units earning. If you're rethinking your short-term rental strategy, we can show you what a risk-aligned partnership looks like for your specific property.
While lease-dependent operators struggled during consolidation, Vector's revenue-share structure kept owners protected and units earning. If you're rethinking your short-term rental strategy, we can show you what a risk-aligned partnership looks like for your specific property.
