Are you finding STR bookings slowing?

[Shmuel Gertel]

Hello all,

I am just curious whether other people on this site are finding that their STR bookings are down, and if so, approximately how much. This article https://www.inman.com/2022/10/... discusses the slowdown and I personally am seeing much less interest from when I opened my STR in September to the current demand, and I am not sure if (a) Airbnb/VRBO are playing with their algorithm trying to pump up new properties at the expense of properties that have been around for a bit, (b) the winter is simply slower than the fall (which would seem odd to me since we are in full blown holiday season), or (c) whether the article is spot on and STRs are too flooded. Or perhaps it is a combo of all three?

Would love to hear comments. 

Thanks,

Sam

[Collin Hays]

Demand is slowing.  In the Smokies, we are looking to have a good December, but reservations are off some for Jan and Feb.  This is to be expected.  We were still dealing with pent-up COVID demand the first two quarters of this year.   The proverbial "untrained monkey" could make money in STRs in 2021 and 22.  The easy money has been made.  Now it's back to business.