Top Ten Cities for STR revenue collapse

[Bruce Lynn]

Of course your individual results can vary.   There are people fighting this post too.   What are you seeing in your market?

Reposted from Twitter....

Nick Gerli@nickgerli1   The Airbnb collapse is real. Revenues are down nearly 50% in cities like Phoenix and Austin. Watch out for a wave of forced selling from Airbnb owners later this year in the areas hit hardest by the revenue collapse.

[Bob Willis]

Not sure about the veracity of the numbers, but simple math should maybe give some clarity.

Here are representative numbers

2020 - Market has 1,000 listings on Airbnb, with $1million in Airbnb bookings/month for that market, this equates to $1,000/month/listing.

2023 - Market has 4,000 listings on Airbnb, with $2million in Airbnb bookings for that market, this equates to $500/month/listing.

Airbnb says "business is great." hosts, "the sky is falling."

Not sure where these numbers fit in the scenario, but as a host, this is what you need to look at. STR saturation is real.