Despite high inflation and an elevated risk of recession, according to some analysts, demand for travel—especially for short-term rental (STR) stays—has grown substantially throughout the first half of 2022 and is likely to continue into the last half of the year.
STR Revenue Premium Hits a Four-Year Low as Interest Rates Rise
ADR gains have been highest in urban and suburban areas, where hosts are able to take advantage of rising occupancy and recovering demand.
Last year proved to be record-setting for the short-term rental (STR) market in the U.S.; however, in recent months, we’ve seen the American economy drift toward potential recession. This is where AirDNA’s mid-year Outlook Report comes in. Here, we cut through all of the static and provide a clear update on how today’s economic trends will (or will not) impact the future of your STR business.