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26 November 2022 | 39 replies
This is particularly true for tourism-dependent STRs (tourism-dependent markets tend to get hit hardest in recession, because recreational travel is often the first thing people cut from their budget in a tough economy).To make things even more complicated, Air Bnb recently changed their platform significantly to focus on A+ top-end, highly unique properties (think: luxury waterfront treehouses).
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18 January 2022 | 17 replies
All of that heightened demand is without the European and South American tourism that has been a big portion of Orlando tourism in the past.
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30 April 2022 | 1 reply
Location seemed conducive to short term rental due to growing tourism.
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31 March 2016 | 56 replies
Although tourism comes and goes with economic cycles, it is likely that the rental demand will continue to keep the college town a solid bet.
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4 April 2017 | 18 replies
Population growth, job growth, economic development, tourism...it's all surging for many positive reasons.
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17 November 2016 | 25 replies
However, if you're paying your rent and paying your cleaner to flip units out of your own money, it feels like an eternity to get from October to the start of next year's tourism season.It's all about the location.
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15 May 2017 | 1 reply
Often recognized for the tourism gained through Disney World and other theme parks in the area, Orlando draws over 62 million visitors per year.
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19 June 2020 | 4 replies
We know that if the tourism market can support it, a short term rental property will do pretty well.
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12 July 2019 | 22 replies
You may then check out some local tourism sites for stats on busy seasons, lulls in the year, and demographic of visitors (is it families coming down for a week, single guys for a golf weekend, etc. etc.).
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21 August 2016 | 8 replies
Each city in Texas has other economic drivers (For example, San Antonio = military, biomed, tourism, etc) that drive our economies, however Houston is very oil-centric, so we are definitely exercising caution there.