Dec 14

Property owners once saw short-term rental listing sites like Airbnb Inc. as a threat. Now, some are embracing them. Startups like Sonder Corp., Domio Inc. and Lyric Hospitality Inc. typically lease blocks of furnished apartments on the same floor or even entire buildings under long-term deals. Then they turn around and rent them out to travelers for stays of a few weeks or as short as one night.

Source: In the Airbnb Era, Apartment Landlords Are the New Hoteliers – WSJ

Leave a Reply

preload preload preload