
BiggerPockets Real Estate Podcast
835: BiggerNews: How Hosts Are Making More Money Even As Airbnb Demand Drops w/Jamie Lane
Oct 24, 2023
In this episode, Jamie Lane, AirDNA's expert on the short-term rental market, discusses the resilience of the Airbnb market despite economic uncertainties. He shares insights on how top hosts are increasing revenue and weathering the post-pandemic decrease in rates. Topics covered include short-term rental regulations, preparing for a recession, global Airbnb trends, and key amenities to boost occupancy.
55:41
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Quick takeaways
- Large city urban areas are experiencing slower demand growth due to reliance on international travelers and the strength of the dollar.
- Regulations around short-term rentals are impacting markets like New York, Atlanta, and Los Angeles, leading to shifts in rental listings and property values.
Deep dives
Demand growth in large city urban areas remains slow due to the dependence on international travelers
Large city urban areas, such as Miami, Boston, San Francisco, and Oahu, are experiencing slower demand growth compared to other markets. These areas heavily rely on international travelers, and the strength of the dollar is still affecting their visitation rates. While international travel is bouncing back in general, it is mostly intra-European travel rather than travelers coming to the U.S. This has led to a decline in occupancy rates, particularly in established tourist markets.