A tourist was fatally shot and killed during a carjacking in a rental community, leading to a $2 million settlement and pending lawsuits. The incident serves as a warning to the short-term rental industry, highlighting the need for improved security measures.
A $2 million settlement — and pending lawsuits — after a tourist was murdered during a carjacking in a rental community is a warning shot to the short-term rental industry, the victim's mother and lawyer said. Jeremiah Brown was 22 in July 2022, when he, his girlfriend and her children took a celebratory vacation from California to Central Florida, where they stayed at the sprawling rental community called ChampionsGate.
Precedence Research, a market research company, said in a February 2024 report the global short-term rental market size surpassed $112.31 billion in 2023 and is projected to hit about $315.18 billion by 2033. In the U.S., the market will hit about $29.09 billion in 2023 and is poised to soar to approximately $81.63 billion by 2023, according to Precedence Research. 'With the rise of online platforms and booking websites such as Airbnb, Vrbo and Booking.
Tourist Murder Carjacking Rental Community Settlement Lawsuits Warning Short-Term Rental Industry Security Measures
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