Insight
Luxury and larger homes continue to see stronger occupancy gains compared to budget properties, driven by higher-income travelers who are still spending.
STR occupancy rose in May for the first time in a year, though demand growth remains modest. Luxury and larger homes outperform, driven by higher-income travelers. Regional destinations gain momentum due to rising travel costs.
Luxury and larger homes continue to see stronger occupancy gains compared to budget properties, driven by higher-income travelers who are still spending.