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Do Rising Gas Prices Affect Airbnb Demand?
Get Paid For Your Pad | Airbnb Hosting | Vacation Rentals | Apartment Sharing
English - April 15, 2022 05:00 - 45 minutes - 41.4 MB - ★★★★★ - 174 ratingsInvesting Business short-term rentals vacation rentals real estate investing business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Gas prices are currently up 50% from last year, and it doesn’t look like they will level off anytime soon.
After we faced off with the pandemic are rising gas prices the next hurdle that will trickle down into the SRT industry?
At first glance, it would seem like the right answer would be a resounding yes.
But there’s actually a lot more data that goes into determining if rising prices are going to trip up the travel industry.
On this edition of STR Conversations, Eric and I sit down to discuss AirDNA’s report, How Rising Gas Prices May Influence Airbnb Travel Trends.
We’ll cover the average amount of miles a guest travels to their Airbnb and we explain which places and types of accommodations will do better as travel becomes more expensive.
Listen in to get a broader sense of what’s happening, and at what point the higher gas prices might start impacting your bottom line. We share the data you need to quell your anxiety about the things you can’t control so you can focus on what you can, so you can determine what decisions you need to make for your business.
Don’t forget we’re organizing our first in-person mastermind retreat in Oaxaca, Mexico, from June 16-20th. This is the last week to apply for early bird pricing, so if you want to learn more be sure to visit STR Legends Mastermind.
How Rising Gas Prices May Influence Airbnb Travel Trends on AirDNA
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