Sector coverage

Short-Term Rental

Regulatory pressure in EU cities, the consolidation of property management, ADR vs. occupancy trade-offs, and the long path to STR institutionalization.

Photograph: Unsplash

$148B

Global STR revenue (2025)

Source: AirDNA

42%

US nights operated by 50+ unit managers

Source: AirDNA

$3.1B

STR property-management M&A (2024)

Source: Skift Research

Coverage

Recent writing on Short-Term Rental.

Short-Term Rental·Jun 5, 2026

The quiet consolidation of short-term rental

Professional managers like Vacasa, Sykes, and Awning are buying up mom-and-pop hosts at the fastest rate in the industry's history. The implications for Airbnb, regulators, and the asset class are not yet reflected in public valuations.

4 min read

Who covers this