The Bright Spot in 2020 Travel: U.S. Vacation Rentals See Higher ADRs, Revenue, and Adj. Pd. Occupancy
If there was a bright spot for travel in 2020, it was found in the vacation rental industry.
US performance data provided today by Key Data shows that professionally managed vacation rentals are having a better year than was expected when COVID-19 transformed our way of life, but the narrative has been a story of haves and have nots.
In the United States, overall average daily rates (ADRs), revenue per property, and adjusted paid occupancy improved in 2020, year to date (YTD), over