home sharing market
Will Home-Sharing and Luxury Hotels Recover Sooner Than Other Lodging Products?
Linchi Kwok | June 5, 2020
By Linchi Kwok As more places are easing coronavirus restrictions, travel companies are getting ready to reopen their business. Yet, do people want to travel again soon? If so, who are the travelers? STR (Smith Travel Research), a leading data analytics provider for the lodging industry, conducted an opinion survey about travelers’ attitudes towards different types of accommodation facilities based on their preference from the past experience. One assumption for such an analysis is that travelers tend to stick to the same kind of accommodation facility for their trips. STR surveyed 2,391 respondents who showed interest in travel fo...
Can Hotels Sue Their Governments Over Home Sharing?
Larry Mogelonsky | March 13, 2019
By Larry Mogelonsky, MBA, P. Eng. (www.hotelmogel.com) This is a special case that I've been waiting to write about since it hit the airwaves here in Canada in late October. Most interesting here is that it has a few powerful implications for the fight traditional hotels are facing against industry disruptors coming in the form of home sharing. Taxi drivers working in the City of Toronto launched a $1.7 billion CDN (about $1.4 USD) class action lawsuit against the city itself, claiming damages that reflect how much licensed taxis have lost – what is sometimes coined as 'plate value' – since these ride-sharing services came i...
AHLA Reacts to New York City Passing Strong Short-Term Rental Ordinance
the American Hotel & Lodging Association | July 19, 2018
New York, NY (July 19, 2018) - The American Hotel & Lodging Association (AHLA) president and CEO Katherine Lugar today issued the following statement in response to new short-term rental legislation passed unanimously by the New York City Council to bring strong platform accountability to the home sharing market: "Today the New York City Council passed an industry-setting measure to force greater transparency and responsibility for short-term rentals while helping to protect the fabric of New York neighborhoods and preserve residents' access to affordable housing. Municipalities large and small are following the leadership demonstra...