STR insights nationwide

[Devon Harris]

What are your insights on Short-term rental demand as we go deeper into this (RECESSION) and interest rate hikes ? 

[Dave Stokley]

The market is way more competitive than it was even a year ago. I was at BPCON last week and literally every person I talked to owned or was trying to buy an STR. Demand is still increasing, but supply has increased even faster, leading to lower YOY occupancy rates in 2022. You can still make good money, but you need to be careful and really understand your market and numbers.