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2023 U.S. AirDNA Outlook Report

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%.