He leads the largest 501c coalition in the state and helps many cities stay ahead of regulation. He found his voice and is now in the public forum to ensure the STR industry can thrive. John also shared his journey to advocacy through working with Rent Responsibly. John is a self-professed real estate and STR addict who loves converting a new property into a special experience for his guests. His life experiences and that first shared-room listing launched a small management empire in Arizona. As a kid, John moved frequently which fostered a love for real estate.
John is a seasoned owner and property manager who first started by renting out a room in his Malibu apartment to help pay his rent. John Hildebrand and Mariah Kamei sat down to talk about the joys and challenges of operating short-term rentals. Europe continues to see stronger demand growth than the US as travel continues to rebound from the pandemic. Record snowfall in the US has extended the ski season for many western ski areas through the end of April. With the major supply increases the industry has seen in the past year, STR owners should continue to expect slowing ADR and profit growth. Occupancy this summer is expected to be the third highest on record behind 20. March proved to be another month of demand gains with nights booked up 12% YOY and overall nights stayed up 16% YOY, fueled by a strong spring break. Supply increased 20% YOY, a significant slow down from 26% last month with the downward trend expected to continue.
Jamie Lane sits down with Mariah Kamei this week to talk about US and Europe STR trends for March. We learn about Nectar’s capital sources and how Nectar plans to continue supporting sub-institutional rental owners and operators with better analytics, tools, and financing products into the future.Ĭonnect with Jamie on LinkedIn and Twitter:Ĭonnect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram: Derrick breaks down some of the portfolio characteristics his company looks for when assessing applicants and dives into some of the ways rental owners have been using their cash advances to expand or improve their real estate portfolios. Nectar was founded with the desire to provide fast, flexible, and non-debt financing to rental property owners and managers looking to scale their rental portfolios. This week, Jamie Lane sits down with Derrick Barker, Co-Founder & CEO of Nectar to dive into short term rental financing and the origins of Nectar.
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