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Airbnb had forecast that average rates customers pay per night would fall slightly in the second quarter compared with last year. Instead, the average nightly rate rose 1% to $166.
Many short-term rental listings are still available despite hotels in downtown Phoenix being nearly booked-up.
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The average resort fee in the United States is $42.41, about 11% of the overall cost to stay at the hotel each night. [25] This is a nightly charge on top of the advertised room rate. New York City has seen a surge in hotel resort fees. [26] In New York City, the fees are often called destination fees, facility fees or amenity fees.
Average Daily Rate (commonly referred to as ADR) is a statistical unit that is often used in the lodging industry. The number represents the average rental income per ...
The City of Portland, for example, does not allow rentals of less than 30 days in residential zones but according to local vacation property managers such as Vacasa, the average guest stays 3-10 nights. [16] San Diego, California has also created similar restrictions. Starting in 2022, the city put a cap on the number of properties that could ...
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