Predictions that leaders in the travel space shared with PhocusWire.

Brian Chesky, the chief executive, acknowledged tensions with hosts but said the relationship had improved over the last year.

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It's clear that vacation rental hosts and property managers crave direct bookings, and many may be making inroads. Still, the marketing power of big brands is tough to compete with.

Many hosts are turning to midterm or long-term accommodation options as demand for short-term lodging plummets.

The study by Hostfully reveals that while there were more than 115,000 companies managing vacation rentals in 2018, this has now grown to more than 140,500.

Hostfully, a San Francisco-based startup that helps professional short-term rental property managers maximize distribution and guest experience, has raised $4 million in a seed funding round, bringing its total funding to date to $7 million.

This week, end-to-end property management platform Hostfully released its latest local recommendations report, and in this feature, co-founder David Jacoby and his team reveal its significance to the space to ShortTermRentalz.

There is a “new normal” for the sector this year as demand softens or over-supply takes hold in certain markets, but there is also a reset for the association in terms of unlikely allies and members.

The COVID-19 coronavirus pandemic is a game-changer for the vacation rental industry.