In October last year, luxury vacation rental brand Wander launched what it called the industry’s first vacation rental real estate investment trust (REIT). While a hospitality REIT-like trust for short-term rentals is yet to become mainstream, short-term rentals are growing as an asset class for investors. At the same time, the number of companies selling short-term vacation rentals as an attractive investment opportunity is on the rise. Industry experts expect a lot of cash to come into short-term rentals this year, with falling home prices and rising mortgages, as well as more REITs.
Skift (03/22/23) Srividya Kalyanaraman