Real Estate is a tremendous vehicle to not only pay for daily expenses via cash flow but also build equity and have someone else pay debts down for you. Not to mention tax benefits and other reasons to invest in STRs. The data tells the story.
The reliance on STRs via platforms like Airbnb, VRBO etc. are going up. Pandemic or not.
60%
of STR travelers are under 40, prefer flexible work/life, prioritize experiences in homes vs. hotels and consider themselves avid travelers.
$200+
The minimum nightly rate we target
Our markets include submarkets in AZ, CO, FL & more. Our average nightly rate fetches premiums because of our design, functionality, experience, reviews and automation.
The power of active revenue management + great properties (the topline property is a Techvestor property).
Adoption is Growing (Second Measure)
Adoption is Growing (Second Measure)
Bookings are ticking up (airDNA)
Demand is outpacing Supply
Revenue is increasing (stayFi)
Nightly rates are increasing (iGMS)
Rural, domestic destinations are winning (Home2go)
Demand is increasing post pandemic (Rental Scaleup)
Adoption is Growing (Second Measure)
Better Operations = Better Returns (airDNA)
Growth Rate is Increasing (airDNA)
ADRs are Increasing (airDNA)
STR travelers are increasing (stayFi)
Domestic Travel is preferred (Home2go)
Weekly RevPar is increasing (airDNA)
The problem is in Self Hosting. The STR space is full of non-institutional operators (aka moms and pops) who aren’t using technology, tracking expenses or optimizing for growth. Hence, that is the opportunity.
