1046 - Is the Airbnb Collapse Actually Happening? Here’s What We Know by Lindsay Frankel
Aug 26, 2023•13 min•Ep. 1046
Episode description
There’s no doubt that occupancy rates are declining for Airbnb properties amid a supply increase, but whether we’re entering an Airbnb apocalypse or just seeing a heated market moderate depends on who you ask. Nick Gerli, CEO of Reventure Consulting, began a viral debate over the future of Airbnb revenue when he tweeted a chart based on data from short-term rental analytics firm Alltherooms, which depicted average revenue per listing falling up to 47.6% in some cities.
Gerli suggested the trend would impact the housing market, inducing a “wave of forced selling from Airbnb owners” in the affected cities. But data from AirDNA, a competing short-term rental analytics firm, tells a different story.
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