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U.S. Market Review: May Demand Surges and Supply Slows. Is Occupancy on the Mend?

June 24, 2024

ARTICLE SUMMARY

May short-term rental (STR) performance highlights strong recovery and growth in the industry, driven by rising demand and increased summer bookings, particularly in coastal and rural areas. Despite challenges in urban markets due to high interest rates and stricter regulations, the overall trend points to a robust and promising summer season.