Think family-friendly, bachelor party crowd, traveling nurses, to luxury retreats.Competitive Market Analysis: Conduct an in-depth competitive analysis to help increase occupancy rates and distinguish your properties from the competition.

Atlanta is a great market that draws a lot of travelers and does well with insurance placements as well.

You also need to have a thorough understanding of who is traveling to your area and why so you can make sure your property is suitable for travelers.

Eisenhower, that has been rapidly expanding, the Savannah River Nuclear Site, the Medical College of GA, 5 hospitals bringing in residents and travel nurses, AND the newly announced Meta AI Data Center coming to Aiken, SC (right across the river). 2251 Central Avenue - 3-Plex.

The property was full of garbage, old cars, campers and boat/ trailers.

The property was full of garbage, old cars, campers and boat/ trailers.

The National Retail Federation (NRF) reports declines of 6.5% in back-to-school spending and 7.9% for back-to-college, with shoppers focusing on frugal choices amid rising inflation concerns and an upcoming presidential election.During the pandemic, families spent more on school supplies and remote learning gear, but priorities have shifted to travel, dining, and entertainment.

Part of my reason for getting into REI is so I can live the wanderer lifestyle while I'm still young enough to do it and enjoy the activities that we love; we have a Northern Lite truck camper and while it's a bit too small for my husband and I, our 2 dogs and cat, it's perfect for traveling up to a couple weeks at a time, which is what we both want to do.Thanks again to everyone for the great advice and warm welcome.

Hope this helps everyone.Proper InsuranceProper Insurance is a leader in the vacation rental insurance space, offering policies in all 50 states.SafelySafely provides dedicated vacation rental insurance with additional services like guest and home background checks.CBIZCBIZ is known for its comprehensive vacation rental insurance solutions for both everyday hosts and larger-scale property managers.Rental GuardianRental Guardian offers flexible plans tailored to hosts' budgets, including options for international properties.InsuraGuestInsuraGuest provides specialized coverage for vacation rental properties, including accidental in-room property damage and theft protection.Red Sky Travel InsuranceRed Sky offers insurance products specifically designed for managed vacation rental companies, with packages tailored to different destination types.

I think the shift in demand is primarily due to (i) locals (within 2-3 hour drive) being more open to travel to further destinations despite the pandemic and (ii) significantly increased STR supply in the market (the number of permits in operations today are apx. 2x what they were early 2020).