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Business PlansSummer Travel Season with Demi Horvat
Jamie Lane sits back down with Demi Horvat, CEO of AirDNA, this week to talk about AirDNA's acquisition of Arrivalist, the leading provider in Location Intelligence. They also discuss the reoccurring topic of if we're going to see a recession in the back half of 2023. According to the latest economic data, Jamie doesn't see that happening just yet. The US created 209,000 jobs in June, Inflation came in lower than expected at 3%, and the producer price index increased only 1%. Although the FEDs rate hikes seem to be working they discuss the reason why people are still skeptical due to the lag that these rate hikes could have on the economy. On top of that, they also discus the overall industry outlook and where it looks like things are headed. We had another strong month for booking activity, we saw nights booked go up by 25%, we saw another month of declining occupancy although it's only down 1.1% year over year, and then we also saw a weakness in ADRs which is up just over 1%. As we enter the second half of the year there's a lot of things to look out for! You don't want to miss this episode!
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Connect with Avery:
Strquestions.com
TheShortTermShop.com
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Signup for AirDNA for FREE👇
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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 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
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Find AirDNA at these upcoming events!
Up Next:
Are interest rates holding you back? With Avery Carl
This week, Jamie sits down with Avery Carl, CEO and founder of The Short Term Shop. Like many others, Avery stumbled into this industry after owning a long-term rental in Nashville and a short-term rental in the Smokies. Over time, people began to ask her about her rentals, and things organically grew into what is now known as The Short Term Shop. Avery’s real estate agency, operating under EXP, boasts a team of 70 agents across 19 vacation rental markets.
In today’s uncertain market, Avery says she sees a lot of ‘shadow demand’ for properties: people have cash on hand and are waiting for a shift in interest rates or purchase prices before making a move. She states that prices are decreasing, but not significantly, because of this.
In the episode, we discuss what it takes to own a top-tier property in today’s market and the key factors to consider when investing. Avery also deconstructs her famous "Enemy Method" and explains why it is beneficial to adopt this strategy when investing in a short-term rental.
You don’t want to miss this episode!
~~~~
Connect with Avery:
Strquestions.com
TheShortTermShop.com
~~~~
Signup for AirDNA for FREE👇
~~~~
Connect with Jamie on LinkedIn and Twitter:
LinkedIn: https://www.linkedin.com/in/jamiehlane/
Twitter: https://twitter.com/Jamie_Lane
~~~~
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
~~~~
Find AirDNA at these upcoming events!