Insight
A shrinking STR market can lead to decreased occupancy and potentially lower average daily rates (ADR) for hosts.
Short-term rental market continues to shrink in Aspen, PitCo
Summary
The short-term rental market in Aspen and Pitkin County (PitCo) is continuing its decline. This trend indicates a significant shift potentially impacting host profitability and availability in these popular mountain destinations.
Key takeaway