Want to create an interactive transcript for this episode?
Podcast: STR Data Labβ’ by AirDNA
Episode: Rising Markets, Popular Spring Break Destinations, And More!
Description: This week, Jamie and Mariah dive deep into the data while keeping things short and sweet. Despite February typically being the weakest month for demand, this past month has seen some interesting trends in the vacation rental industry. With a staggering 13 million nights stayed in February alone, demand was up YoY by 18%. However, occupancy was down YoY by 1.8%, indicating a significant increase in new listings β up 26% YoY. While some of this growth is due to the lengthy process of listing, it is primarily attributed to an influx of second homes that were purchased for remote work during COVID and ar...