Short-term Rental / AirBNB - How are you doing?

[Kyle Joseph]

How are the short-term rental / AirBNB investors faring?  At what point in the future are you seeing your bookings start to pick back up?  Are locals picking up any of the near-term unmet demand?  How are pure vacation rentals doing vs rentals in urban areas?  Admittedly do not have any short-term rentals, but am curious to hear how people are navigating the current climate.

[Avery Carl]

@Kyle Joseph I own 6 pure vacation rentals, in 2 different vacation rental markets, one beach and one mountain. We had just enough “social distancing” guests who wanted to social distance in our places that we covered our expenses. Had this lasted a few more months we would probably have had to dip into our cash reserves. Both markets are phasing into opening up starting this week, and bookings have been steadily rolling in. Not up to non-pandemic numbers yet, but it’s swinging back towards normal.