Rental Demand Is Up 136% π #rentalbusiness
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Summary
AI-generatedJesse Vasquez highlights the massive shift toward mid-term rentals (MTR), noting a 136% increase in 28+ day stays since 2019. The data indicates that the market is maturing, with MTRs now representing nearly one-fifth of the total rental demand.
Key insights
Mid-term rentals now account for 19% of the total rental demand, nearly doubling in volume from 20 million to 46 million stays.
Mistakes to avoid
Believing that the rental market demand is slowing down when it is actually shifting toward longer-term, more stable stays.
Tools & resources
Furnished Finderwebsite
Platform specifically mentioned in video tags/description for finding mid-term stays.
Curated by Learn STR by GoStudioM Β· Summary & key insights generated by AI Β· Reviewed by editorial