Airbnb Market is Collapsing!

Summary

Jorge Contreras critiques the idea that the Airbnb market is collapsing, noting that those who launch a random Airbnb in a random city, fail to verify the numbers, and offer a so-so house with no amenities are likely not profitable. He states he has a portfolio of 18 STRs that are profitable because they have amazing properties, in great locations, with incredible amenities, hosting large groups of people. He suggests that today's travellers are looking for more security, more ammenities, more to offer in terms of location, and quality.