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Podcast: STR Data Labβ’ by AirDNA
Episode: Insights to Help You Prepare Your Airbnb Business for 2023
Description: As 2022 comes to a close, many economic forecasters are predicting at least a mild recession in 2023. Yet data shows that the #vacationrental industry has more cause to stay optimistic than despair. This month, VP of Research Jamie Lane joins VP of Marketing Mariah Kamei to provide data-driven insights to help you prepare your #airbnbbusiness for 2023.Demand in 2023 will continue along a more mature path, further growing by 5.5% year-over-year, and while demand rises, this will cause occupancy to continue to fall. With the rise in interest rates, growth for nights listed will be 9%, less than...