Short-Term Rentals Are Gaining Ground, But Hotels Still Far Outpace Them
CRETech
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1 minute read
“[The rise of STRs is] definitely something that everyone needs to pay attention to,” Sam Moon Group Vice President Daniel Moon said. “I think it’s something where there is a place for it ... And, as you can see, that trend is growing.” The numbers coming from the STR community are significant enough to command notice from hoteliers like Moon, who mostly develops full-service hotels, like the Renaissance Dallas in West Plano and the Hyatt Regency at Stonebriar Centre in Frisco, which opens this year.