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PressU.S. Market Review: STR Summer Is Bright So Far with June Occupancy Above 2019 Levels
July 16, 2024
Bram Gallagher
ARTICLE SUMMARY
June 2024 shows promising trends for the U.S. short-term rental market, with occupancy rates surpassing pre-pandemic levels and steady demand growth. Looking ahead, strong August demand is expected, although it may come at the expense of September bookings due to a calendar shift.
Bram Gallagher
AirDNA Director of Economics and Forecasting
Bram Gallagher is an Economist at AirDNA, specializing in uncovering insights that drive smarter short-term rental decisions. He put his Ph.D. in Economics from the University of Georgia to work researching and forecasting hotel data with CBRE prior to joining AirDNA, as well as teaching economics at a number of universities. In his spare time, Bram enjoys making wooden furniture with hand tools.
