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Podcast: STR Data Lab™ by AirDNA
Episode: Hotels vs. Short-Term Rentals with Isaac Collazo
Description: In this week's episode, Jamie sits down with Isaac Collazo, VP of Analytics at STR. Isaac is a veteran in the hotel industry and has worked for various major hotel brands over the years. The two discuss the differences between hotels and short-term rental companies, as well as their future prospects.Isaac notes that the hotel industry is starting to normalize, with metrics approaching their 2019 levels. Demand is only 1.6% lower year-to-date compared to 2019, and daily room bookings are just under 3.6 million, similar to figures from that year. Occupancy stands at 63%, rate growth is returning to normal, and...