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The 2023 U.S. Vacation Rental Outlook Report

With economic anxiety riding high as we head into 2023, AirDNA is excited to release the latest installment of our bi-annual outlook report. 

Based on insights from the world’s most comprehensive library of real-time vacation rental data, this report provides answers to the industry’s most pressing questions. Whether you’re a vacation rental manager, investor, lender, or destination marketer, this report provides powerful insights to drive your strategy in 2023. 

Here are some of the key takeaways: 

  • Despite recession fears, demand for short-term rentals will continue to show strong growth in 2023 with a 5.5% increase in booked stays. 
  • Vacation rental supply will increase at a lower rate than in previous years (9%), but still continuing the trend of increased listings & competition.
  • Economic pressures and inflation-weary consumers will lead to small ADR gains of 1.7% in 2023 — but it won’t be enough to account for the drop in occupancy for many markets. RevPAR is forecasted to drop by 1.6%. 

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