Hosts Want Guests to Come to Them Directly
Through May of this year, year-over-year earnings for U.S. Airbnb hosts had declined in 22 of the past 28 months, according to analytics firm AirDNA. Property owners are facing several challenges. Many markets have been saturated with short-term rentals (STRS), and several key markets have restricted STRs. High interest rates, meanwhile, have made selling properties less of an option. The headwinds are inspiring some hosts to cut out the middlemen.
Bloomberg (07/22/24) Natalie Lung
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