Exploring the Best Places to Invest in 2024 with Scott Sage

Feb 8, 2024

37:10

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In this special episode, Jamie Lane, Chief Economist at AirDNA, is joined by Scott Sage, AirDNA's VP of Marketing & Customer Experience and the new co-host for the podcast. Together, they discuss AirDNA’s latest report on the “Best Places To Invest For 2024,” revealing the much-anticipated ranking of the top investment markets in the U.S.

Scott shares his journey from being an AirDNA customer to leading the company's Marketing and Customer Experience teams. He emphasizes the importance of aligning investment strategies with individual criteria, focusing on affordability, traveler demand, and regulatory risks. Jamie and Scott provide an in-depth look at the methodology behind the report, highlighting factors such as rental demand, revenue growth, investability, and regulation.

This year’s report suggests a potential stabilization of the short-term rental market in 2024, following declines in revenues and occupancies over the past few years. Jamie and Scott discuss the broader economic outlook for 2024, including trends in the housing market and interest rates, hinting at a positive shift for short-term rental investments. They address the challenges faced by the industry and share their optimism for a rebound in 2024.

Jamie and Scott reveal the ranking from the report, running through the top 5 markets identified as the best investment opportunities for the coming year. This episode also introduces a new tool within the AirDNA App, tailored to support personalized investment strategies.

Tune in to gain valuable insights into the evolving landscape of short-term rental investments and discover the top markets poised for success in 2024!

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Best Places To Invest In For 2024

https://www.airdna.co/best-places-to-invest-in-vacation-rentals

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Signup for AirDNA for FREE👇

https://app.airdna.co/data

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Connect with Jamie on LinkedIn and Twitter:

LinkedIn: https://www.linkedin.com/in/jamiehlane/

Twitter: https://twitter.com/Jamie_Lane

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Connect with Scott: