Airbnb Demand Drops: A Rough Road Ahead for Short-Term Rentals?

Episode #835

Earlier this year, many Airbnb hosts expected the short-term rental market to fall off a cliff. With the threat of an economic recession, travel spending was supposed to crater, and with it, a slew of Airbnb failures. But that never happened. While demand did drop, supply increased, and daily rate growth eventually fell flat, there was no “Airbnbust” that so many doomsayers predicted. But, with another recession risk looking more real, are hosts still safe?

We brought AirDNA’s Jamie Lane back to give his take on whether or not a short-term rental crash could happen this year or next. But that’s not all; Jamie also goes over what top hosts are doing NOW to increase their revenue and keep their businesses afloat even as rates come off their post-pandemic highs. Plus, what’s happening globally as a strong US dollar scares away would-be international travelers.

If you run an Airbnb, this is data you must pay attention to. We’ll review which short-term rental markets are in danger, the amenities that will explode your occupancy, what to do when regulations get introduced in your city, and how to prepare if a recession cuts into Americans’ travel spending.

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Show notes at: https://www.biggerpockets.com/blog/real-estate-835?utm_source=youtube&utm_medium=description&utm_campaign=none


00:00 Intro

02:12 Quick Tip

03:00 The "Airbnbust"

07:09 Occupancy Falls, Growth Goes Negative

08:38 2024 Recession Risk

13:32 Airbnb Bans and Regulations

23:02 International Airbnb Demand Explodes

28:57 Natural Disasters Wreak Havoc

31:52 Is Your Market Saturated?

39:09 Professional Hosts Get Ahead

43:10 Where to Buy Your First Airbnb

46:51 Connect with Jamie!