Short term rentals close in on asset class

Cadogan

The UK Short Term Accommodation Association has partnered with STR to measure the performance of serviced apartments, short-term rental accommodations and hotels.

The move was expected to push the segment closer to being a recognised asset class, with closer integration with the hotel sector expected.

Merilee Karr, chair, STAA, told us: “It allows [the segment] to become more of an asset class, it allows it to compare itself with hotels and serviced apartments and get an idea of how they are

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