Latest / STR Data Lab™ by AirDNA
May STR Trends: ADR Climbs, Bookings Shrink, Reviews Evolve
In this episode of the STR Data Lab, Jamie Lane and co-host Scott Sage discuss short-term rental trends and market performance for the month of May. Jamie shares insights from his personal experiences managing his short-term rental property in the North Georgia Mountains.
The discussion highlights a 6% year-over-year increase in STR listings, a 1% dip in occupancy, a 6% rise in ADR, and a 4.8% growth in RevPAR. They note that while nights booked are slightly down by 0.3%, shorter lead times for bookings are contributing to this trend. The conversation covers the implications of global events…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.