U.S. Short-Term Rental Supply Hits Record Levels in 2022
ADRs Growing for all Tiers Except Luxury
ARTICLE SUMMARY
The U.S. short-term rental industry has shown no weakness during summer 2022, despite growing inflation and uncertainty in the overall macroeconomic backdrop. August was another record month for STR demand: over 20.7 million nights stayed (+19.8% YOY), slightly higher than the growth of 17.9% the month before.