"In January, the analytics site AirDNA forecasted demand for short-term rentals, as measured by nights booked, would grow by 5% in 2023. It has now increased that forecast to 10% based on the first half of the year.

"Travel brands and the service economy have outperformed expectations, and short-term rentals are no different," Jamie Lane, a chief economist at AirDNA, said."

Americans are still booking short-term rentals for the summer at record rates, beating expectations.

It's a cruel, unpredictable summer for Airbnb and Vrbo hosts - but it also might be the new normal

It's a cruel, unpredictable summer for Airbnb and Vrbo hosts - but it also might be the new normal (Insider)