Jamie Lane @Jamie_Lane Twitter profile

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Jamie Lane

@Jamie_Lane

5 months

With the eclipse approaching in less than a week, over half of U.S. cities along the eclipse's path are fully booked for the night of April 7th according to data from @airdna

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Jamie Lane

@Jamie_Lane

2 years

Over half of #Airbnb 's current listings have been added since 2020

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Jamie Lane

@Jamie_Lane

1 year

@nickgerli1 A viral tweet about STR data! Lets get some facts straight... There is not a collapse in RevPAL happening. Is it down in 2023? YES. Is it down 40%? NO. I've pulled the numbers from @airdna 's dataset mirroring the analysis done by @nickgerli1 . What do we find? The average

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Jamie Lane

@Jamie_Lane

11 months

On @airdna , you can now see homes for sale within the app (just for the U.S.) along with the projected annual revenue, occupancy and ADR for that home.

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Jamie Lane

@Jamie_Lane

1 year

A viral tweet about STR data! Lets get some facts straight... There is not a collapse in RevPAL happening. Is it down in 2023? YES. Is it down 40%? NO. I've pulled the numbers from @airdna 's dataset mirroring the analysis done by @nickgerli1 . What do we find? The average

Nick Gerli

@nickgerli1

1 year

The Airbnb collapse is real. Revenues are down nearly 50% in cities like Phoenix and Austin. Watch out for a wave of forced selling from Airbnb owners later this year in the areas hit hardest by the revenue collapse.

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Jamie Lane

@Jamie_Lane

2 years

@RickPalaciosJr Here is just the U.S.

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Jamie Lane

@Jamie_Lane

9 months

As of November 2023, all the gains seen in U.S. short-term rental occupancy have now been erased and we are back to the average occupancy level seen in 2018 - 2019. A deep dive into 2023 STR performance and our outlook for 2024 can be found here:

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Jamie Lane

@Jamie_Lane

7 months

In today's earning release from Airbnb, they announced that they surpassed 5 million hosts around the globe. According to our count, it's 4.95 million (close enough) but the amazing part is of that 5 million hosts, 3.5 million of them only have 1 listing. Looking at the large

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Jamie Lane

@Jamie_Lane

1 year

@WallStreetSilv @nickgerli1 There is not a collapse in RevPAL happening. Is it down in 2023? YES. Is it down 40%? NO. I've pulled the numbers from @airdna 's dataset mirroring the analysis done by @nickgerli1 . What do we find? The average market listed is seeing RevPAL decrease of -3.6%, not -40.3%.

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Jamie Lane

@Jamie_Lane

4 months

After an easter-induced increase in March, RevPAR for the U.S. declined by 6.1% YoY in April 2024. Other highlights from the April data: - Available listings up 8.7% YOY (Lowest growth rate since 2021). - Total demand (nights) rose 0.4% YOY - Occupancy was 8.4% lower YOY at

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Jamie Lane

@Jamie_Lane

11 months

@texasrunnerDFW Now show a map of the 112k vacant homes in Broward County Fl.

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Jamie Lane

@Jamie_Lane

6 months

!! @airdna is now partnering with @zoneomics to provide short-term rental zoning information as you look to find and purchase your next STR. We have now brought together the power of homes for sale in our platform and combined that with the ability to see if that property can

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Jamie Lane

@Jamie_Lane

11 months

Over the past year, I've heard concerns about and antidotal evidence of increasing number of short-term rentals exiting the market because of decreasing revenues. While revenues per listing are down ~2% YoY, we haven't seen a noticeable uptick in churned listings. Short-term

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Jamie Lane

@Jamie_Lane

7 months

New research in the Harvard Business Review on the implications of short-term rental bans. The findings: 1. Minimal Impact on housing "Put simply, restricting Airbnb is not going to be an effective tool for solving the housing-affordability problems in

What Does Banning Short-Term Rentals Really Accomplish?

Concerns that short-term rentals fueled by platforms like Airbnb have caused long-term rents to rise in major cities has caused some governments to place limits, including bans, on them. But research...

hbr.org

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Jamie Lane

@Jamie_Lane

9 months

Supply has outpaced demand growth for 21 consecutive months for U.S. short-term rentals. Important to keep in mind: 1. Occupancy is now back to pre-pandemic average (see yesterdays post). 2. YoY Demand change has remained positive in every month (Now 30%+ above 2019 levels) 3.

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Jamie Lane

@Jamie_Lane

5 months

What does eclipse occupancy look like for the largest cities in the path? Dallas is >95% booked, Cleveland is > 97% booked, Buffalo & Niagara Falls is >98%!

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Jamie Lane

@Jamie_Lane

11 months

Insurance rates are going up and disproportionately impacting vacation rental markets along the coasts and in the mountains.

Lance Lambert

@NewsLambert

11 months

Share of homes at risk of a home insurance rate increase or non-renewal in 2023 because of wildfire, wind, or flood 🏡👇 Data via @FirstStreetFdn Map via @axios @KavyaBeheraj

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Jamie Lane

@Jamie_Lane

8 months

In the Joshua Tree, CA market, TTM short-term rental Occupancy increased from 52.7% in December 2019 to a peak of 78.1% in April 2021. Occupancy is now averaging 52.2%.

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Jamie Lane

@Jamie_Lane

2 years

@rohindhar @ContrarianSaver

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Jamie Lane

@Jamie_Lane

3 months

“If Airbnb walks in the door, no one is going to support them,” Marks said. “But if Julie Marks and her three friends, who are also Vermonters, walk through the door, they’ll listen.” Airbnb hosts are now ~800k strong in the U.S. and emerging as a potent political force.

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Jamie Lane

@Jamie_Lane

5 months

@_POTRG_ @mikesimonsen I'll pull data on the percent cancelled next week and see if we can visualize cloud cover.

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Jamie Lane

@Jamie_Lane

8 months

🗞️Breaking News! @airdna has acquired @uplisting , making a huge leap into the STR property management system space. Congratulations to @breslin and the entire team at Uplisting for building one of the most advanced and reliable PMSs available. With this acquisition, everything

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Jamie Lane

@Jamie_Lane

4 months

The amount of misinformation being shared in Hawaii is astonishing. The governor keeps quoting a count of 89k short-term rentals in the state. While he hasn't shared the source of his data, it aligns with figures calculated by the local hotel lobbyist

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Jamie Lane

@Jamie_Lane

6 months

Are you one of these properties in the path of totality? Are you seeing an increase in STR bookings/ADR?

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Jamie Lane

@Jamie_Lane

11 months

@zerohedge Nothing has popped, no travel downturn, yet. 1. Hotel Demand Flat vs 2022, RevPAR up 4.5% in 2023. 2. Short-term rental (STR) demand up 11% vs 2022, RevPAR down 1.9% in 2023, (still up 39% vs 2019). 3. Supply of STRs in the U.S. was UP 13% in August. 4. Airbnb's supply up 18%

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Jamie Lane

@Jamie_Lane

3 years

Feel like everyone is getting into short-term rentals? In January, the U.S. added 58K new listings, the most added in a single month since the start of the pandemic.

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Jamie Lane

@Jamie_Lane

1 year

Thanks to @CBSMornings for having me on their show this morning to talk about vacation rental demand and how the summer occupancy is shaping up for popular destinations. @airdna @Airbnb @vrbo @bookingcom

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Jamie Lane

@Jamie_Lane

2 years

@texasrunnerDFW Some facts... Short-term rental demand is up 8% YoY in January for the White Mountains in NH. Occupancy was 54% in January 2023, which is down 7% YoY and compares to 39% occupancy in January 2019.

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Jamie Lane

@Jamie_Lane

5 months

People traveled far and wide to see the eclipse! With the event now past, we can see where guests traveled from when visiting cities within the path of totality by leveraging @Arrivalist / @airdna traveler origin data. Love seeing where people picked to view the eclipse!

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Jamie Lane

@Jamie_Lane

2 years

Occupancy levels for luxury short-term rentals have gone from just 40.7% in 2016 to 56.2% in 2022. Just as impressive, they were 14% higher in 2022 than in 2019, even after falling 4.5% in the past year.

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Jamie Lane

@Jamie_Lane

3 months

AirDNA's new U.S. markets and submarkets are live in the App! No more sorting through 22k cities - They are now organized into 317 STR markets encompassing the entire country. Submarkets? We have now organized every market into named submarkets, allowing you to quickly and

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Jamie Lane

@Jamie_Lane

2 years

We just wrapped the analysis for our "Best Places to Invest" report. Its still a couple weeks before it comes out, but here are the *worst* market for new STR investment according to our methodology: Big Bear, CA followed by Durango, CO and Lake Tahoe, CA.

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Jamie Lane

@Jamie_Lane

4 months

Over the past few years, short-term rental occupancy has varied across market and location types. Here are 3 trends: 1. Occupancy is down from 2021 levels in all location types. Only urban locations failed to reach a record high in 2021. 2. Occupancy levels still lag pre-covid

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Jamie Lane

@Jamie_Lane

6 months

Average occupancy can vary significant by price tier and bedroom count. Here are the occupancy levels for the past year for entire home / single family home properties in the U.S. Highest occupancies can be found in Studio-budget homes at 65.5%. Lowest occupancies are 5

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Jamie Lane

@Jamie_Lane

1 year

@profstonge In the first half of 2023, short-term rental RevPAR declined by 1.2%. It appears that the 13% decline you quoted came from this sentence in an Aug. 10th Bloomberg article "has led to as much as a 13% decline in host revenue in 32 of the top 50 largest short-term rental markets

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Jamie Lane

@Jamie_Lane

4 months

After 6 years of being out of the short-term rental hosting game... We are *almost* back!

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Jamie Lane

@Jamie_Lane

3 years

Truly Incredible to see the outpouring of support for the citizens of Ukraine. We tracked over 60,000 Airbnb nights booked in Ukraine, totaling ~$2 million in revenue, in just the past 2 days! Amazing.

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Jamie Lane

@Jamie_Lane

3 months

Safe to say - I am a bit jealous of the portfolio of short-term rental properties that @rohindhar has pulled together. With six short-term rentals, Rohin has traded the start-up life for hospitality by steadily growing his portfolio of STRs throughout the U.S.. At the same time,

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Jamie Lane

@Jamie_Lane

2 months

In the U.S., Airbnb's inventory used to be primarily in the urban core of major U.S. cities. Now, it's dramatically different.

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Jamie Lane

@Jamie_Lane

8 months

@texasrunnerDFW Amy, why continue to call out anecdotal evidence when the data continues to point towards growing demand and revenue for Airbnb hosts? We even show demand growth accelerating through the end of the year!

Jamie Lane

@Jamie_Lane

9 months

Supply has outpaced demand growth for 21 consecutive months for U.S. short-term rentals. Important to keep in mind: 1. Occupancy is now back to pre-pandemic average (see yesterdays post). 2. YoY Demand change has remained positive in every month (Now 30%+ above 2019 levels) 3.

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Jamie Lane

@Jamie_Lane

1 year

One of my favorite new charts in the new @airdna is the ability to easily compare current occupancy, ADR, RevPAR, etc.. to prior years. Here is Miami, where occupancy in August came in at 53.8%, which is down from the high of 57.1% in 2021, but still above the 52.8% from in

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Jamie Lane

@Jamie_Lane

2 months

Outdoor shower = Underrated vacation rental amenity

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Jamie Lane

@Jamie_Lane

2 years

#airbnbbust is a myth, seasonality is real. In the U.S., STR demand in September 2022 was up 24% YoY. Occupancy was only down 1.2%. Nights Booked during Sept. (For future travel) was up 19% YoY. Full rundown here:

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Jamie Lane

@Jamie_Lane

9 months

Short-term rental guests are waiting longer to book. After almost recovering in 2021 & 2022, we have seen the median lead times drop in 2023 across all location types.

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Jamie Lane

@Jamie_Lane

2 years

Does #airbnb superhost status make a difference? Only 8% of professional managers were able to achieve superhost status! And while the ADRs were roughly the same, the average occupancy for for a superhost was 56% while it was just 45% for non-superhost. That's 21% higher RevPAR!

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Jamie Lane

@Jamie_Lane

1 year

@texasrunnerDFW Why are you purposely posting such misleading data points? Let's look at some ways it's not fair to compare homes for sale with the total number of listings on Airbnb: 1. InsideAirbnb tracks all listings on Airbnb, not just those that are available to rent. 1/3 of supply is only

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Jamie Lane

@Jamie_Lane

3 months

Lesson #1 from launching a short-term rental. Don't bring your kids if you expect to get any work done.

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Jamie Lane

@Jamie_Lane

4 months

Over the past year, the demand for short-term rentals with 3+ bedrooms in the U.S. was up 6%, while demand for stays in smaller homes was up just 1%. In comparison, hotel demand is down ~1% over the same period.

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Jamie Lane

@Jamie_Lane

7 months

The lodging industry in cyclical, always has been and always will be.

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Jamie Lane

@Jamie_Lane

1 year

Its here! So many updates that I'll be doing a few posts to outline some of the best new features. Until then, please check it out at ! Create a free account and start exploring any market around the world. We will be rolling out additional feature

AirDNA

@airdna

1 year

🚀 Discover. Analyze. Invest. The new AirDNA is your all-in-one platform for everything short-term rentals, now with an intuitive new product design.

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Jamie Lane

@Jamie_Lane

1 year

A collapse in revenue per available listings? In Q2 2023 Airbnb reported revenues up 18% YoY and listings up 19% (ex China). **** For comparison*** Our data showed an expected increase in revenues of 20% and listings up 18% (ex China). If you include China in the listing

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Jamie Lane

@Jamie_Lane

5 months

A positive story on short-term rental demand this evening with @SullyCNBC . Thanks to the @NASAMoon for the event and @mikesimonsen for the viral tweet!

Last Call

@LastCallCNBC

5 months

"We're seeing people travel from all across the country," says @airdna 's @Jamie_Lane as short-term rentals sell out ahead of the solar eclipse. "For cities that are in the path... they're 92% occupied on average."

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Jamie Lane

@Jamie_Lane

2 months

In the U.S., unique types of stays on Airbnb (think treehouses, tiny homes, lighthouses, farm stays, etc.) make up 3.3% of available listings but take an outsized share of the image of short-term rentals. I recently sat down with @Zboozee on his podcast, Behind the Stays, to

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Jamie Lane

@Jamie_Lane

4 months

With @airdna , you can now finally filter by amenities! Within a pro-tier subscription, users can filter performance data to understand the impact of different amenities on property-level performance. You can also filter listings to find comparable properties that have or don't

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Jamie Lane

@Jamie_Lane

2 years

AirDNA's 2022 Mid-Year Outlook Update. Some good, some bad... get the summary below and the full report here:

U.S. 2024 and 2025 Mid-Year Outlook Report

AirDNA economists offer positive forecasts for STR performance as we look to the remainder of 2024 and into 2025.

www.airdna.co

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Jamie Lane

@Jamie_Lane

2 years

Our U.S. monthly STR market review for January is out now! 2023 started strongly for U.S. short-term rentals, nights stayed (Demand) was up 14.5% from last year, with nights booked surprising to the upside, growing 17%! Occupancy is stabilizing just 1.3% lower than last year.

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Jamie Lane

@Jamie_Lane

6 months

When evaluating STR market performance, this is the first chart I always look at on @airdna . How the supply of active listings has changed over time.

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Jamie Lane

@Jamie_Lane

8 months

New filter released on @airdna where you can now limit properties in your search to just those listed more than 270 nights over the past year and exclude new or just part-time listings. Filter applies to both the map and active listing list!

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Jamie Lane

@Jamie_Lane

7 months

Short-term rental demand is seasonal. Don't forget that February is a low point and it will get better!

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Jamie Lane

@Jamie_Lane

5 months

When media organizations go the extra mile to check and recreate your analysis: Axios: Reuters: AirDNA: Who did it best?

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Jamie Lane

@Jamie_Lane

1 year

Love this place and the benefits that vacation homes provide. Brought my son up to Maine for a couple weeks to spend some time with his grandparents, cousins, aunts, and uncles. We are a couple days in and he is already asking for a break from hiking, swimming and kayaking.

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Jamie Lane

@Jamie_Lane

7 months

@texasrunnerDFW hmmm... seems that there is high number of "0" booked listings in every city on that site. In that county, there were over 3,300 listings on Airbnb that have never received a review & over 2,500 that don't actually have availability to book. It's really important to remove

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Jamie Lane

@Jamie_Lane

11 months

A great hire by @airbnb and excited that @TaylorAMarr will be able to add some more data, research, and his own insights to the debate! In other news, I'll be interviewing @TaylorAMarr on @airdna 's podcast next week. Any questions you like me to ask him??

Taylor Marr

@TaylorAMarr

11 months

Some professional news from me… After 8 years at @Redfin , I’ve joined @Airbnb as their first Senior Housing Economist, where I’ll be digging into a hot topic: short-term rentals’ and housing affordability.

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Jamie Lane

@Jamie_Lane

5 months

According to data just released from the National Travel and Tourism Office (NTTO), foreign travel spending in the U.S. is finally back to pre-COVID levels. Meanwhile, American travel spending overseas is 43% above 2019 levels.

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Jamie Lane

@Jamie_Lane

8 months

That feeling when you first list on @Airbnb and get a surge in new bookings. It doesn't last long but is extremely important in establishing your property and getting a few good reviews!

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Jamie Lane

@Jamie_Lane

6 months

@MorePerfectUS There was a lot overlooked in this analysis of Newburgh and its impact on the housing market. 1. The overall vacancy rate in Newburgh is 13%, with 1,441 vacant housing units in the city. 2. They talked about "full time rentals" but didn't remove homes occasionally rented from

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Jamie Lane

@Jamie_Lane

8 months

Today @Airbnb announced its planning to increase the guest service fee by 1.5% to 2% for cross-currency bookings In their Q3 earnings call they disclosed that cross-boarder trips represented 45% of their nights booked. We estimate that 42% of nights

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Jamie Lane

@Jamie_Lane

10 months

@PeterSchiff yet, we have seen the same trend in Europe...

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Jamie Lane

@Jamie_Lane

4 years

Latest hotel disruption curve shows the U.S. with more of a U shape compared with China's V shaped recovery.

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Jamie Lane

@Jamie_Lane

4 months

We are watching supply growth closely as it slows. Across location types, here are the YoY growth rates from the first four months of 2024: Urban: -1% Suburban: +7.4% Mountain/Lake: +8.0% Coastal: +8.9% Midsize City: +13.8% Small City/Rural: +17.7%

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Jamie Lane

@Jamie_Lane

10 months

Why is Airbnb rolling out new pricing tools? Of all their listings, about 1/3 have one unique price throughout the entire year. Dynamic pricing will unlock more demand.

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Jamie Lane

@Jamie_Lane

2 years

We are already developing the next version of @airdna to support STR 3.0, with tools to dig deeper into the data and forecasts of where markets are going, not just where they have been.

richard fertig | next gen hospitality developer

@imrichardfertig

2 years

STR 1.0 -> couch surfing. Print $ STR 2.0 -> use airdna data to select investment. This is today. Problem: it’s backward looking STR 3.0 ->Niche down. Build brand. Provide a la carte resort like programming & amenities STR 4.0 -> Master planned development + Membership 🔥🚀

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Jamie Lane

@Jamie_Lane

5 months

Great interview from @NewsLambert on Fox. I 100% agree with his take: "The only thing that is going to improve housing affordability is more supply." He correctly calls out the political scapegoating in some local municipalities as they go after institutional buyers,

Lance Lambert

@NewsLambert

6 months

Housing market affordability is so strained and difficult to fix that politicians are resorting to scapegoating Up first: Realtors Listen to my convo with @cvpayne on @FoxBusiness :

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Jamie Lane

@Jamie_Lane

1 year

Airbnb inventory continues to trend larger in North America, not the case in Latin America or Europe.

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Jamie Lane

@Jamie_Lane

1 year

Happy OTA earnings day! Expedia, Airbnb, and Booking all report Q2 performance today.

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Jamie Lane

@Jamie_Lane

2 months

Which vacation rental markets will see the most growth in organic STR demand over the next 5 years? We went about answering that question and more in some amazing research with my team at @airdna . Full report here: More details in the thread:

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Jamie Lane

@Jamie_Lane

6 months

@EmirDukic How are you calculating? Mention of short-term rental key words in the listing, matching addresses of for sale listings to properties on Airbnb, something else?

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Jamie Lane

@Jamie_Lane

1 year

Love this @skift article digging into the complexity and nuance of short-term rental data collection. No one said it was or would be easy, but we care about getting the data as accurate as possible. “Our data engineering team is larger than the entire staff of other companies.

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Jamie Lane

@Jamie_Lane

1 year

Just got back from Nashville, where I co-presented with @STR_Data 's Isaac Collazo on the competition between hotels and short-term rentals. Overall 14.9% of lodging supply is now short-term rentals (an all time high) after dipping to a low of 11% during the pandemic.

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Jamie Lane

@Jamie_Lane

1 year

Anyone with an existing @airdna subscription now has access to EVERY market in the world. We have got rid of market based subscriptions.

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Jamie Lane

@Jamie_Lane

2 years

My mother just called, "Jamie, I'm starting to get worried about our summer bookings. Last year I was already 3/4 booked by now and right now I only have 3 bookings. I took your advice and raised our rates, but now I'm getting worried, should I lower the rates?" 😅

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Jamie Lane

@Jamie_Lane

6 months

Here is how ADRs vary nationally for the same breakdowns. Note: Price tiers are set locally, so the ranges vary significantly by market.

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Jamie Lane

@Jamie_Lane

9 months

@SteveHarney Tx, LA, ND are all big oil and gas states. If those states are seeing big swings in anything, oil & gas is typically the answer.

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Jamie Lane

@Jamie_Lane

2 years

The U.S. short-term rental industry has shown no weakness during summer 2022, despite growing inflation and uncertainty in the overall macroeconomic backdrop. August was another record month for short-term rental demand: over 20.7 million nights stayed (+19.8% YOY).

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Jamie Lane

@Jamie_Lane

6 months

Hotel and short-term rental operators: Do you rent to locals? Do you want to rent to locals?

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Jamie Lane

@Jamie_Lane

1 year

@MrJonesSTRs Wait! @MrJonesSTRs are you telling me that demand is seasonal? 🤯

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Jamie Lane

@Jamie_Lane

2 years

Interested in short-tern rentals, data, and economics? Me too. We started a podcast. The feed will include our monthly run down of industry performance and interviews of both professional and new investors where we dig into the numbers behind our growing industry.

AirDNA

@airdna

2 years

Looking for the inside scoop on all things short-term rental related? We've got you covered... introducing the STR Data Lab™, a podcast that ignores the noise and brings you the data. It is available on every major podcast platform; links below👇🏼

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Jamie Lane

@Jamie_Lane

9 months

Cleaning fees for STRs have been a hot topic the past 2 years. Whats driving the surge? After initially increasing because of higher cleanliness standards in 2020 and 2021 (Covid!), expanding cleaning fees have now largely matched rising wages for hospitality workers in recent

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Jamie Lane

@Jamie_Lane

7 months

How much does management impact STR property performance? After controlling location, bedrooms, property/listing type, days available, and amenities, I see two trends: 1. Revenue management strategy impacts Occ/ADR mix more than RevPAR. There are clearly properties (intentional

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Jamie Lane

@Jamie_Lane

10 months

Are luxury Airbnb hosts meeting guest expectations? Looking at ~3 million listings in Europe, we found that overall, the answer is YES, but are underperforming in some key areas. Green = Good | Red = Bad The biggest deficiency in is communication, where luxury properties had

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Jamie Lane

@Jamie_Lane

1 year

One of the most important things to realize when interpreting market trends is that almost no properties are "average." Here is a dive into the variance in property level short-term rental performance trends in Gatlinburg/Pigeon Forge, TN. 1. The headline trends is that RevPAR

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Jamie Lane

@Jamie_Lane

8 months

In 2023, there were 3.8 million new short-term rental listings added worldwide. That’s around 319k per month, 10.5k per day, 437 per hour, or seven listings per minute.

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Jamie Lane

@Jamie_Lane

2 years

On campus at the Cornell hotel school to guest lecture. What do you wish you would have learned (about STRs or hospitality), if you were a student today?

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Jamie Lane

@Jamie_Lane

2 years

As a long time listener of the @BiggerPockets it was an honor to join as a guest and talk about the outlook of the STR industry. We discussed a wide range of topics, best markets, top amenities, the impact of superhost status, and why #advocacy matters.

Has the Short-Term Rental Goldmine Run Dry?

Short-term rentals can be categorized, at least at a surface level, as the “easiest” investments of 2021 and 2022.

www.biggerpockets.com

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Jamie Lane

@Jamie_Lane

2 years

An incredible couple weeks with the family in Maine after 4 weeks in Denver avoiding the heat. Happy to be back in ATL.

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Jamie Lane

@Jamie_Lane

2 months

@WagieCapital @MrJonesSTRs My understanding is most of the hotel rooms being used to house migrants, never reopened from Covid, and probably wouldn't have reopened for guests.

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Jamie Lane

@Jamie_Lane

1 year

Are we at peak alternative accommodations? Are hotels getting their cool factor back? Hilton CEO's Chris Nassetta, argues @skift global forum that hotels and short-term rentals are not competing for the same travelers, that its a different business, and short-term rentals

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Jamie Lane

@Jamie_Lane

2 years

@lexhustle1 Here is the Austin MSA.

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Jamie Lane

@Jamie_Lane

7 months

A combination of wild weather and tough comps from a strong Jan 2023, lead to weaker than expected performance in January for U.S. short-term rentals. Here are the key metrics for the month: 😱 - Nights Booked (-2.7% YoY) 😒 - Total demand nights (+1.3% YoY) 😘 - Available

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