PriceLabs Research: Independent Hotels Face Growing Short-Term Rental Competition
CHICAGO, Illinois—New research from PriceLabs highlighted how fluid the line between hotels and short-term rentals has become for travelers. Eight in 10 guests who stayed at a B&B, inn or small hotel said they would consider a short-term rental instead if the price was right. PriceLabs surveyed over 1,000 travelers for its new report, Who Do Independent Hotels Really Compete With?. The survey found that 82 percent of guests who booked a B&B, inn or small hotel in the past year would […]
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