Short-Term Rental Occupancy Falls in May: Should Investors Be Concerned?

Abstract

Despite the outlook, AirDNA's May Review indicated that supply, at least in the short-term rental market, might finally be catching up with demand. The fact of the matter is that supply outpaced demand in the short-term rental market, despite this summer supposedly being the season of "Revenge travel," as some pundits have labeled it. A Warning for Short-Term Rental Investors I'm not ringing the alarm bells and signaling the end of times. While short-term rentals are by no means in any jeopardy at the moment STRs can be quite "Interest-rate proof" during these times. Depending on your market and the type of rental you're operating, occupancy varies with the seasons. Many investors have enjoyed the short-term rental growth sparked by the pandemic. Times are changing again, and we must be prepared for what's to come, good or bad. Ready to invest in short-term rentals? From analyzing potential properties to effectively managing your listings, Short-Term Rental, Long-Term Wealth is your one-stop resource for making a profit with short-term rentals!