Is the Short-Term Rental Market Oversaturated? What Experts Say - Benzinga
Summary
The article discusses the potential for short-term rental market saturation. Hosts should stay informed about market trends in their areas to make informed decisions about pricing and investment.
Key Insights
- •The article likely discusses whether the STR market is oversaturated, presenting data and expert opinions. This could include information on occupancy rates, average daily rates (ADR), and revenue per available room (RevPAR).
Action Items
- ✓Conduct market research in your area to assess current occupancy rates, ADR, and RevPAR compared to historical data. Analyze trends and adjust your pricing strategy accordingly.Effort: mediumImpact: medium
Tools & Resources
- →AirDNA: The article may mention tools like AirDNA for market research. (airdna.co)
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