Updated about 3 years ago on . Most recent reply
Thoughts on the STR market during a recession ?
Hey guys,
As a newer Airbnb host in Clearwater FL, I'd like to get everyone's opinion on the STR markets taking a hit during the recession we are currently in?
Are you guys already seeing decline in year over year bookings? Also are we going to see a decline in the Daily Rate we can charge to entice guests to book?
Most Popular Reply
#1 Contractors Contributor
- Contractor/Investor/Consultant
- West Valley Phoenix
- 14,440
- Votes |
- 12,223
- Posts
#1 Contractors Contributor
- Contractor/Investor/Consultant
- West Valley Phoenix
No decline in bookings here in Northern Arizona. Totally booked out for a couple months as usual and many weeks booked for next year already. I think it depends (of course) on location.
But this recession/inflation thang we have going now will not affect STRs, in my opinion....people that travel always have a few extra bucks to travel, especially to something like a STR a couple hours away, which most are....