Short Term Rentals, Air BnB

[Alex U.]

There are a lot of negative headlines on the collapse of STRs. Especially the impact of vacationing if we head into a recession, as people have less discretionary income to spend on travel and travel-related expenses. I wanted to seek the advice of some of our seasoned STR folks here in San Diego if they could share what percentage drop they have seen to gross rental income from 2019 to 2023.

I also wanted to know if you spend about $10-12/ft furnishing the place, how long it would take to ramp up to 70% occupancy for a SFR.