#Rentals #VacationRentals #Business #HospitalityBusinesses
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This is a big change that has happened as of late. Due to the short-term rentals growing in popularity at a huge rate, at this point, they can be called a big business. So of course investor interest in them as at an all-time high. Small town investors, mom and pop shops, and regional brands are looking into getting into the vacation rental action. And that’s because, they provide high returns, and it discussed the different skill sets, the team members, and support companies that investors need for these.
Due to the massive growth of the rental market, the big changes in these is definitely making a splash. Only 10% of investors have tried to do this, almost half the people traveling prefer vacation rentals. Millennials, in particular, love these because they have a lot less of a travel budget than others, so it, of course, makes it the perfect type of way to vacation for these people., and it’s a reason why investors love these.