Student Housing Owners Expect On-Campus Learning Will Return This Fall, Exclusive Survey Reveals
June 24, 2020 | Jeff Shaw | Rebusiness Online
The coronavirus (COVID-19) pandemic has had a major impact on all aspects of on- and off-campus student housing. In an attempt to better assess that impact and the sector’s outlook for the future, Student Housing Business (SHB) conducted a survey of industry professionals over the course of several weeks in May.
The survey was segmented by industry function for specific elements of the business, allowing SHB to better understand the pandemic’s distinct influence on each segment of the industry.
Of the survey’s 569 respondents, 79 defined their role in the industry as that of an on-campus housing officer or operator. In this segment of the industry, 38 percent of institutions laid off or furloughed employees and 24 percent instituted pay cuts.
