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24 April 2020 | 125 replies
I know a lot of people have been struggling with Airbnb during Covid-19 because their properties rely on tourism and now that that's buried, I feel for those property owners that are taking losses right now.
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2 April 2020 | 11 replies
As for the cash flow, with tourism expected to go down our back up plan is to rent it for 6-12 months then take it from there.
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1 April 2020 | 15 replies
Unless you are in a tourism town or a very poor area where tenants have no reserves it should be fine.
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5 April 2020 | 6 replies
Add that to the high number of hourly and tip-dependent workers in tourism and restaurants, and the Miami-area ends as the third-most economically exposed cities in the U.S.For the local multifamily market, that may spell trouble.The study, San Francisco-based apartment search platform Apartment List, ranked the Miami metro area of Broward, Miami-Dade and Palm Beach counties just behind Las Vegas and Orlando when it comes to the size of the population most at risk economically from the coronavirus crisis.
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24 April 2020 | 21 replies
Pigeon Forge and Gatlinburg TN, have not enacted an official ban on STRs yet, but they have pleaded with both the public and now the tourism business to stop trying to attract visitors to the area.
17 April 2020 | 9 replies
I do, however, have a mom who's very good at organizing renovations, design, and landscaping so I could find that a helpful skill in the toolbox.ThesisWith the COVID-19 shutdowns, tourism is getting hit hard.
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8 April 2020 | 12 replies
I'm seeing 2008 all over again just for Las Vegas because the impact on tourism will not be fixed fast
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9 April 2020 | 38 replies
I personally live in an area that relies on tourists (many Chinese) traveling to Yellowstone National Park and I'm expecting tourism to be down as much as 40 - 50%.If you have a short-term rental, how will you survive if the market fails to recover?
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26 March 2020 | 45 replies
If it does effect tourism you are looking at 90-120 days.
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23 March 2020 | 1 reply
In recent years, the central Florida powerhouse has attracted over 75 million annual visitors — more than the total population of France, England, Colombia, or Thailand.While everyday residents in Orlando may not love these tourism statistics, vacation rental hosts and property managers are licking their chops.