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Old 06-29-2023, 08:22 AM   #7
TiltonBB
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Join Date: Feb 2005
Location: Gilford, NH and Florida
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Default AirBnb

I have had a weekly rental house on the lake for over 20 years. The house sleeps 10.

Until this year it was always full for the summer by April with advertising only on Craigslist. This year, I think the price of groceries, gas Etc. have left people with a lot less discretionary money to spend. It has been very slow to fill.

In April, because there were still open weeks, I put it on Airbnb for the first time. Within 48 hours three additional weeks were booked. The fees at Airbnb add a lot to the total cost of a weeks rent. I am actually surprised that people will pay that much.

In a related note: I am hearing from friends in the boat sales business that the rush of the past three years has died. Also, auto manufacturers are again advertising and offering discounts and lower interest rate financing.

It looks like the slowing of the economy has arrived.
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