In this episode of the STR Data Lab Jamie Lane, Chief Economist at AirDNA, and Scott Sage recap November's key metrics in the short-term rental market and projections for the future. They discuss metrics such as Average Daily Rate (ADR), occupancy, RevPAR, listings, and demand growth, all of which exhibited positive year-over-year signals. Special attention is given to ADR, which saw a 7% growth in November, partly due to easy comparisons with last year's 3.9% decline. 

The hosts highlight the deceleration in supply growth from 15% last year to 4% this year and its positive impact on occupancy and pricing power. Additionally, they explore the influence of economic drivers like inflation, Fed decisions, and the potential implications of a Trump presidency on the short-term rental market. They anticipate a slight increase in inflation rates and higher interest rates into 2026, which could affect investment and supply dynamics. 

The discussion rounds off with insights into 2025, labeled as the 'Year of Efficiency,' focused on maintaining and growing operations effectively. Stay tuned for the upcoming 'Best Places to Invest Report' in January.

You don’t want to miss this episode!

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https://app.airdna.co/data 

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Connect with Jamie on LinkedIn and Twitter: 

LinkedIn: https://www.linkedin.com/in/jamiehlane/ 

Twitter: https://twitter.com/Jamie_Lane 

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Connect with Scott on LinkedIn: 

LinkedIn: https://www.linkedin.com/in/sagescott

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Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:

LinkedIn: https://www.linkedin.com/company/airdna/  

Twitter: https://twitter.com/airdna 

TikTok: https://www.tiktok.com/@airdna.co 

Instagram: https://instagram.com/airdna.co 

Episode 112