Spanish travel industry association Exceltur estimates that roughly 300,000 homes are offered for short-term rental in Spain's 20 largest cities, with hotels managing approximately 389,779 rooms.
Maui County had the largest vacation rental supply of all four Hawaii counties in October 2022 with 211,900 available unit nights, a 2.9 percent gain from 2021 and a 34.5 percent decrease from 2019.
AirDNA estimates that 54 percent of worldwide Airbnb listings have been added since 2020, leading to a record 6.1 million active listings in September. Listings in the third quarter rose 22 percent compared to 2019 with a migration toward destination markets.
The value of having good data in evaluating the potential of a short-term rental investment and/or in operating a profitable short-term rental business goes without saying. But there are many factors and reasons why a reliance on data-driven strategies can lead to suboptimum results.
Boostly founder Mark Simpson offers five tips for short-term rental businesses to fortify themselves against a recession.