Skift

Episode Notes The growth of U.S. vacation rental and short-term rental supply has been slowing down, a trend that will likely continue next year, reports Senior Hospitality Editor Sean O’Neill.  Vacation rental and short-term rental supply in the U.S. has grown 10% in 2024 from last year, according to analytics firm Key Data. However, that’s down from 20% two years ago. Key Data said one factor for the supply deceleration is a shortage of housing.  Analysts at Truist Securities said that supply growth may continue to slow as some units become long-term rentals and migrant-focused corporate housing.  Next, Saudi Arabia is targeting Chinese travelers as part of its strategy to attract 150 million tourists by 2030, writes Editor-in-Chief Sarah Kopit. Tourism Minister Ahmed Al Khateeb said in an interview with Skift that the kingdom believes it can attract 20-25% of the Chinese tourists who take mid-to-long-haul flights, often to Europe and the Middle East. It’s a “huge market,” he said, with an interest in trave