Thoughts on the STR market during a recession ?

[Anthony Michael]

Hey guys,

As a newer Airbnb host in Clearwater FL, I'd like to get everyone's opinion on the STR markets taking a hit during the recession we are currently in?

Are you guys already seeing decline in year over year bookings? Also are we going to see a decline in the Daily Rate we can charge to entice guests to book?

[Bruce Woodruff]

No decline in bookings here in Northern Arizona. Totally booked out for a couple months as usual and many weeks booked for next year already. I think it depends (of course) on location.

But this recession/inflation thang we have going now will not affect STRs, in my opinion....people that travel always have a few extra bucks to travel, especially to something like a STR a couple hours away, which most are....