Short-Term Rental Occupancy Hits All-Time High; Daily Rates Rise Too

In fact, according to data platform AirDNA, the occupancy rate on short-term rental properties is up 20% over 2019 and is now at its highest point on record. Previously, the highest occupancy rate was just over 65%, seen in July 2020. According to AirDNA, the spike in occupancy levels is due to two things: First, increasing demand, which is up 33% over the year per the company's data.