Insight
AirDNA predicts that in 2024, available listings in the U.S. will increase by 10.9%, demand will increase by 10.7%, ADR will increase by 2%, and RevPAR will increase by 2%.
Will 2024 be another 2023? (Ep 605)
Summary
This podcast episode discusses the STR market outlook for 2024, drawing on data from AirDNA and the Darm conference. It predicts a stable market with slightly increased ADR and RevPAR, but emphasizes the importance of focusing on guest experience to stand out.
Key takeaway