7 Signs Your STR Demand is Likely to Increase

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Short Term Rental Riches

beginner
Market Research
Occupancy
ADR
Dynamic Pricing

Summary

Tim Hubbard discusses seven reasons why the demand for short-term rentals might be increasing in a given market, including new attractions, new developments, new events (like concerts), regulations, improving ease of travel, and increasing populations. He advises hosts to do some research to see whether any of these factors apply to their properties.