It's worth noting that there are currently 6 million second homes in the U.S., but only 1.5 million of them are listed on Airbnb and VRBO. While some of this growth is due to the lengthy process of listing, it is primarily attributed to an influx of second homes that were purchased for remote work during COVID and are subsequently being listed to make a profit as workers return to in-person work environments. However, occupancy was down YoY by 1.8%, indicating a significant increase in new listings - up 26% YoY. With a staggering 13 million nights stayed in February alone, demand was up YoY by 18%. Despite February typically being the weakest month for demand, this past month has seen some interesting trends in the vacation rental industry. This week, Jamie and Mariah dive deep into the data while keeping things short and sweet. We also dive into the Shortyz… and AirDNA has been nominated for two! We have been nominated for Best Ancillary Service Provider Award the Innovator / Disruptor Award! Paul also discusses how he wants to bring the whole industry together at different events. We dive into unique stays and how they have become popular over the years and how ShortTermRentaz reports on these trends. This week we sat down with Paul Stevens… just in time for the Shortyz! Paul is the editor of ShortTermRentalz and we’re here to talk about the trends he has seen in the industry over the past 4.5 years. John’s advice is to use data to figure out what you can do differently and take back control of your listings and investment strategy.Įxplore Rent Responsibly, Boostly, and SuperHog here:Ĭonnect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram: We also talked about how we’re in an industry correction where hosts who give 120% to their properties and focus on customer service and design will thrive. He encourages everyone to get involved in advocacy by donating money or time and opening a dialogue in their neighborhood. He leads the largest 501c coalition in the state and helps many cities stay ahead of regulation.
He found his voice and is now in the public forum to ensure the STR industry can thrive. John also shared his journey to advocacy through working with Rent Responsibly. John is a self-professed real estate and STR addict who loves converting a new property into a special experience for his guests. His life experiences and that first shared-room listing launched a small management empire in Arizona.
As a kid, John moved frequently which fostered a love for real estate. John is a seasoned owner and property manager who first started by renting out a room in his Malibu apartment to help pay his rent. John Hildebrand and Mariah Kamei sat down to talk about the joys and challenges of operating short-term rentals.
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