Tampa Is the Best City in the U.S. to Invest in Short-Term Rentals [Yahoo! Finance]
Airbnb, Inc. - Class A (ABNB)
Company Research
Source: Yahoo! Finance
ST. LOUIS May 7, 2024 /PRNewswire/ -- Tampa, Florida , is the best city to invest in short-term rentals, while San Jose, California , is the riskiest short-term rental market in America, according to a new study from Clever Real Estate , a St. Louis -based real estate company, in collaboration with Rabbu.com , a Charlotte -based short term rental investment platform. The study analyzed metrics such as median home prices, occupancy rates, and changes in property values to rank Airbnb investment markets across the U.S. Tampa stands out with a 71.6% property value increase over the past five years — 55% higher than the median city in the study. The metro area boasts 16,020 property listings, triple the median, a 44.8% Airbnb occupancy rate, and average annual Airbnb revenue. The top 10 cities to invest in short-term rentals are: Tampa, FL Orlando, FL Jacksonville, FL Boston, MA Miami, FL Buffalo, NY Columbus, OH Chicago, IL Providence, RI Kansas City, MO Mean
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ABNB
Earnings
- 5/8/24 - Beat
ABNB
Sec Filings
- 5/16/24 - Form 4
- 5/14/24 - Form 144
- 5/9/24 - Form 4
- ABNB's page on the SEC website