Alternative Accommodations Sector Update
Robust fundamental performance underpinned by shifting consumer preferences present an opportunity for increased institutional investment.
- Zach Demuth
- Ophelia Makis
- Kevin M. Davis
The alternative accommodations sector has undergone a transformational shift over the past decade. What started as a marketplace for individuals to rent out their primary or secondary homes as a means of generating extra income has evolved into a complex, highly matrixed space akin to the traditional lodging industry. The Covid-19 pandemic has accelerated this evolution as the lines between living, working, staying, and playing have blurred. This paradigm shift has resulted in the alternative accommodations sector’s unprecedented growth. As the sector continues to grow and mature, look for increased investment opportunities across the entire ecosystem. The companies that successfully own the entire end-to-end customer experience will emerge as the winners in the space.
