Now, with the uncertain future of tourism, both domestically and globally, no one is quite certain when things will get back to normal for the vacation rental market.Īnxiety over traveling caused by the uncertainties of an ongoing pandemic has largely dampened people’s desire to travel, whether for business or pleasure. As you mull over converting your Airbnb to a long-term rental property, consider the following trends hitting vacation rental owners in the wake of the COVID-19 pandemic.ĭemand for Short-Term Rentals Remains Unevenīookings for Airbnbs and other short-term rentals were usually seasonal, but relatively predictable within each season. You should never change your business model lightly. Why Convert Your Short-Term Rental Property Advertise Your Vacant Rental Property Strategically Research Landlord-Tenant Laws in Your Area
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