VRMA Administrator
A recent short-term rental mid-year outlook from AirDNA predicted a 3 percent drop in occupancy this year, while Beyond forecast that occupancy for July was pacing about 5 points below levels in July 2022. According to data released by Transparent/OTA Insight, however, occupancy levels were 12 percent higher in the first quarter than in the same period in 2020. And looking ahead, it said occupancy levels in key markets would be up 31 percent through the end of summer. There are a number of reasons for the differences, including base-year comparison and seasonal changes, as well as the markets being examined.
Skift (06/28/23) Srividya Kalyanaraman
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