Thursday, July 6, 2023
Short-Term Rental Report

Miami Rentals Not So Hot This Summer

  • Miami‘s short-term rental market is experiencing a decline due to factors such as a slowdown in post-Covid vacation demand, government hostility towards the LGBTQ community, and travelers’ financial constraints caused by inflation.
  • Key Data has partnered with the Association of Short Term Rental Companies in Greece (STAMA Greece) to provide real-time market insights and benchmarking tools to over 5,000 holiday home owners and managers in Greece.
  • A historic building in Madison, Wisconsin, originally slated for demolition, will be transformed into a hotel-apartment hybrid called The Saddlery, offering 46 units with hotel and apartment amenities catering to both short-term and long-term guests.

The short-term rental market in Miami isn’t so hot this summer. And there are a number of reasons for that: A slowing of the post-Covid vacation rush, the Florida government’s hostility toward the LGBTQ community, and travelers’ financial constraints due to inflation are a few contributing factors. The economic collapse in South American countries has […]