Impact of COVID-19 on Paying Guest Accommodations in India
Swastik Harish, SaiRama Raju Marella, Krishna Priya, Pooja Vincia D’Souza | 2020
Summary:
The COVID-19 Global Pandemic has severely affected a number of different sectors including, according to several media reports, the rental housing market (Mishra, 2020; Babar, 2020; Rajagopal, 2020 ;Costin, 2020; Turbotenant, 2020). In India, increased job opportunities in the service sector has led to a rising demand for rental housing. Thousands of adults between the age of 18 to 30, belonging to relatively income-poor segments who migrate to urban centres for education or employment, seek cheap accommodation for the duration of their stay.