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U.S. Review May 2025: Summer Signals Strength Despite Slower May Bookings

June 18, 2025

Bram Gallagher
By

Bram Gallagher

ARTICLE SUMMARY

In May 2025, U.S. short-term rentals saw rising supply and slower demand, causing a small occupancy dip. Strong daily rates kept revenue up, while booking trends shifted to shorter lead times. 

Bram Gallagher

Bram Gallagher

AirDNA Director of Economics and Forecasting

Bram Gallagher is an Economist at AirDNA, specializing in uncovering insights that drive smarter short-term rental decisions. He put his Ph.D. in Economics from the University of Georgia to work researching and forecasting hotel data with CBRE prior to joining AirDNA, as well as teaching economics at a number of universities. In his spare time, Bram enjoys making wooden furniture with hand tools.