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Updated 11 months ago,
STR in Desert Hot Springs
Hello!
I am looking to invest in a STR in Desert Hot Springs, CA and I noticed there were 100 new STR listings in DHS from March '22 to April '22 according to AirDNA. Does anyone know why the sudden increase? Would this scare you away from the market with all the new competition? I would assume that occupancy rates and price per nights are going to drop drastically due to the new competition.
Any help is appreciated!