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- New study: Big jump in Montana short-term rental listings between 2019 and 2023 - Bozeman Daily Chronicle
New study: Big jump in Montana short-term rental listings between 2019 and 2023 - Bozeman Daily Chronicle
Summary
A new study reveals a significant increase in short-term rental listings in Montana between 2019 and 2023. This data indicates a growing market for STRs in the state. Hosts in Montana should consider this trend when evaluating their investment strategies.
Key Insights
- •The study highlights a big jump in short-term rental listings in Montana between 2019 and 2023.
Action Items
- ✓Hosts should conduct market research to understand current trends in Montana's STR market.Effort: lowImpact: medium
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The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
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