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835: BiggerNews: How Hosts Are Making More Money Even As Airbnb Demand Drops w/Jamie Lane

835: BiggerNews: How Hosts Are Making More Money Even As Airbnb Demand Drops w/Jamie Lane

FromBiggerPockets Real Estate Podcast


835: BiggerNews: How Hosts Are Making More Money Even As Airbnb Demand Drops w/Jamie Lane

FromBiggerPockets Real Estate Podcast

ratings:
Length:
56 minutes
Released:
Oct 24, 2023
Format:
Podcast episode

Description

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.
In This Episode We Cover:
The “Airbnbust” that never happened and why the short-term rental market held up
Supply, demand, and why average daily rates are starting to fall across the industry
Airbnb bans and short-term rental regulations that could immediately impact your business
Global Airbnbs and why international travelers are steering clear of vacationing in the US
Fires, floods, hurricanes, and other natural disasters threatening lives and Airbnb businesses
Jamie’s advice on getting your first Airbnb and how to find a market that will last
And So Much More!
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Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-835
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Released:
Oct 24, 2023
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.