Millennials prefer spending on experiences and there is a general shift away from 'things' to living life in a broader way with Instagram selfiesCONCLUSION: Travel and leisure growing at twice the rate of GDP is intact as the longer term trendA counter point to these three favorable points is that short-term (urban) and vacation rentals (destinations) have taken market share away from hotels and this appears to be a permanent trend. 

I invest in Denver, but also invest long-distance in Omaha, NE and Destin, FL so have some experience with both types of investing.

With a 1-BR condo, the appreciation lags well behind SFH's, but over the long term there's no way it will lose value -- it's near hotels, a major bar/restaurant destination, good schools, and a station that serves the city's best Metro line.

Back in here after meeting Mindy Jensen on a recent cruise ☺️My situation: bought my first home in Fredericksburg, VA in December 2019.

I am not saying it cannot be successful, I'm saying you're not the only one's these agents are pushing on.I'd target true destination spots, without a hotel presence, and be ready to weather the storm with the volatility of STR.

It is a vacation/wedding destination town and a retirement haven.

Beachfront in a premium market like Destin is another spot I'd be looking.

You are correct that Orlando is competitive, but it is also the top tourist destination in the US, with a guaranteed flow of guests year-round.

It's a recognized destination globally with over 70M tourists a year.

I can also infer a few other items in later points, such as vacation destination, no sales tax, and a commuter state. b.