Alternative accommodation may have been the sector to watch and admire in late 2020 as it emerged from the pandemic with recovery levels not seen elsewhere.
But this corner of the travel, tourism and hospitality industry was a popular one for startups to consider long before the COVID-19 crisis.
The likes of Airbnb inspired countless new businesses to come up with their own take on the market during the course of the 2010s – plus moves from the big players elsehere in the industry (Booking.com’s own efforts and Expedia Group’s acquisition of HomeAway) indicated the market had plenty of room for others.
What has COVID-19done to the scene and are opportunities still there for newbies to consider
And has the investment continue to roll in during the pandemic?
In the recent PhocusWire Pulse: Rentals On The Rise online event, Phocuswright managing director Pete Comeau outlined the latest datapoints on the short-rental startup scene.