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New investors poured in, hoping for profits, only to see increased competition from other new hosts and host revenue dip nationwide in 2023. Some of the best places to invest in short-term-rentals today are in smaller cities near outdoor attractions, according to analytics site AirDNA, which ranks the best places for Airbnb hosts to invest each year. AdvertisementAirDNA also highlighted spots that bucked the national trend to show growth in host revenue last year. Take Marquette, Michigan, a town on the shores of Lake Superior, which initially ranked high among the best places to invest. AdvertisementHere are the best 24 cities and towns to invest in an Airbnb in 2024, according to AirDNA, which provided all the data.
Persons: , Peggy Gascon, Ryan Villines, Jamie Lane, Lane, AirDNA Organizations: Service, Business, . Locations: Phoenix , Arizona, Montana, Ellsworth , Maine, Acadia, Port Angeles , Washington, . Columbus , Georgia, Chattahoochee, New York City, Dallas, Marquette , Michigan, Lake Superior
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"It's something we count on for the winter months," Johnson told Business Insider. Hosts like Johnson will charge as much as they need to — so it's no shock your Christmastime Airbnb costs a pretty penny. Courtesy of AirDNAAirDNA data shows the last week of the year is typically the second highest-income week for short-term rentals, surpassed only by the Fourth of July. But for Thanksgiving, it was listed for $1,500 to $1,700 per night; around Christmas, it will go for $2,000 to $2,300 a night.
Persons: , Melinda Johnson, Johnson, they'd, Jamie Lane, Lane, Austin Weinerman, Weinerman, Ryan Villines Organizations: Service, nab, Business Locations: Tennessee, Smoky, Angeles, South Florida, Warsaw , Missouri, Acapulco
Airbnb and Vrbo demand is strong this summer, but a glut of supply continues to pinch hosts. But some hosts said, even with the demand, the headaches of hosting are no longer worth the money. Courtesy of Ryan VillinesAfter a grueling summer, Airbnb and Vrbo operators are deciding if the headaches of hosting are worth it. "I could be on vacation or out having drinks with friends, but I'm going to have to reply to Airbnb guests who can't get in or can't find the street," she told Insider. Are you a short-term-rental host deciding whether to stay in or leave the industry?
Persons: It's, Ryan Villines, Villines, Peggy Gascon, Ric Kenworthy, Kenworthy, Jen Kelman, She's, Kelman, she's, Dan Latu Organizations: Service, Phoenix Locations: Wall, Silicon, Airbnb, Missouri, Phoenix, Pine , Arizona
The host, Ryan Villines, is organizing a boycott, encouraging hosts to "snooze" their listings. Like Johnson, many Airbnb hosts and property managers are frustrated by what they describe as the vacation-rental platform's tendency to favor guests in disputes. Liz DeBold Fusco, an Airbnb spokesperson, said the new policy was meant to provide "greater flexibility" to hosts and guests. After outrage from hosts, Airbnb walked back the reimbursement component, but hosts said it's too little, too late. Airbnb host Ryan Villines is "snoozing" his listings in Missouri and Montana as a protest.
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