Vacation Spots Feel Brunt Of Slowdown - National Mortgage Professional
Summary
This article discusses the impact of an economic slowdown on vacation rental markets. Hosts in popular vacation spots should be aware of potential changes in demand and adjust their strategies accordingly.
Key Insights
- •The article suggests that vacation spots are feeling the brunt of an economic slowdown.
Action Items
- ✓Monitor occupancy rates and ADR to understand changing demand.Effort: lowImpact: medium
- ✓Consider analyzing your market data and adjusting your pricing strategy to remain competitive.Effort: mediumImpact: medium
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