Hospitality Industry Leader Unravels Major Challenges!
Insider Chat with Luis Brites, CEO of Clever Hospitality Analytics!
short-term rental market
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Short-Term Rental CEO on Navigating the New Normal!
Talks about the challenges faced during the Covid-19 pandemic.
Short-Term Rental CEO Discusses Thriving in the New Reality!
David Williams, Nomadx Co-founder Chairman and CEO talks about the impact of Covid-19 on business, affordability, new initiatives, opportunities in the future, adapting to the current lifestyle, young people coming back to Portugal, recovery, listings all over the country, opportunities with risk and much more
Lisbon’s Short-Term Rentals: Occupancy Plummets, But Some Signs of Recovery
The tidal wave of travel cancellations that came along with the coronavirus pandemic upended usual accommodation patterns and put heavy pressure on occupancy levels across the world. Portugal was no exception, with its always-bustling capital now much quieter than usual and a large number of its hotel rooms and vacation rentals remaining dormant. Exclusive…
COVID-19 Stifles Supply of New Short-Term Rental Listings in Portugal
The number of new listings coming onto the short-term rental market in Portugal has plunged as lockdowns to curb the spread of the coronavirus paralyzed the sector. Only 6,000 new properties have been listed across the country this year so far—the lowest figure since 2015, according to exclusive statistics provided to Via News. Out of…
Analysis of Portugal’s Short-Term Rental Market Pre- and Post-Coronavirus
The impact of the coronavirus pandemic on the global property market is well reflected in the grim statistics that are being released daily. The real estate sector in Portugal, like in many other countries, took a huge hit when the novel virus began to set the world ablaze with fear and uncertainty. With tourism at…
Short-Term Rentals Outperforming Hotels in Pandemic Era
Both hotels and the short-term rental market are reeling from the coronavirus-driven travel collapse, but industry reports show that the latter is weathering the health crisis more successfully due to its different nature. “The features that differentiate short-term rentals from hotels—such as full-service amenities, living space, larger properties, and inventory in more remote destinations—have proven…