Vacation rental market stays strong
Exciting new article from AirDNA on the trends for vacation rentals in 2023
"After two months of healthy booking activity—a combined 39.6 million nights—the first half of 2023 is poised to be another solid year for short-term rental demand at large."
The article provides an overview of the short-term rental market in the US for February 2023, using data from AirDNA. It notes that demand for short-term rentals has increased since the start of the COVID-19 pandemic, and that the market has shown resilience in the face of recent economic challenges. Overall, the data suggests that the short-term rental market in the US remains strong, with continued growth potential.
This is great news for owners of vacation rentals who have been bracing themselves for a market downturn in the face of a recession. And it mirrors what we have seen happening with our clients locally in Branson.
What is your experience as a vacation rental owner this year? Are your bookings coming in strong or are they dwindling away?
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