Covid-19 and Airbnb

The outbreak of the Covid-19 Virus has put a damper on short-term rentals around the world. With travel restrictions tightening the necks of travelers; Airbnb is experiencing a downturn in rental stays. Especially in affected areas.

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How to be Joyful and Thankful

Pandemics, rolling blackouts, hurricanes, and wildfires are just some of the events that have topped our headlines and changed our lives currently and in the recent past.  For the most part, Americans do not have to deal with major catastrophes on a whole.

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Our New Normal Moving Forward

The phrase  “New Normal” has dominated our thoughts and conversations ever since we have been in the midst of a worldwide pandemic. We have slowly slid into new routines and habits that accommodate our current situation.

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Back in Black/Airbnb is on the Upswing

There has been so much talk about multifamily real estate that it has become a megatrend online. Checking statistics, you will find that there are about 5 million online searches globally about multifamily homes (data from combined terms, multifamily + apartments + flats, etc.) What could be the precursor for such trend?

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Millenials Short-Term Rentals

 

Millennials or Generation Y are a demographic that range in birth dates between 1980 and 1996. They are becoming an increasing group that is opting for short-term rentals instead of purchasing homes. Especially the younger members of the millennial group.

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​4 Reasons Multifamily Real Estate Investment Fail

At the beginning of the Covid-19 Pandemic, Airbnb occupancy rates dipped significantly as people opted to cancel their travel plans. Also, many counties put into place restrictions stopping Airbnb rentals from operating. Some counties restricted all but first responders and essential workers from renting Airbnb locations.

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