STR Bookings Slow & Daily Rates Low?
Is anyone else experiencing slow bookings? I am in 3 different vacation heavy markets and my April & May calendars are at about 25% occupancy.
- Dustin Sanders
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- 850-529-3683
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- Real Estate Broker
- Cody, WY
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Is anyone else anticipating a slowing, just as a matter of course? People were pent up in houses for far too long and then unable/unwilling to fly or stay in hotels because their fear of COVID was so strong. I saw a huge spike in vacation rental use and tourism these past two years. Yellowstone saw visitors increase from 3.8 million to 4.8 million in one year. I went to Hawaii in July and Oahu was busier than it's ever been, by far. On top of that, there's been a buying frenzy for vacation rentals the past two years.
It wouldn't surprise me to see the vacation rental market cool off as tourists start to fly and move back into hotels/motels. But maybe I'm missing something.
- Nathan Gesner
