As Labor Day approaches, there is a surge in demand for short-term rentals in coastal areas of the U.S., indicating a strong desire among travelers for one last summer getaway. Despite economic uncertainties, Americans are indulging in travel, with July bookings reaching record levels, according to the latest data from AirDNA. The preference for larger and more expensive rental properties, especially in coastal regions, has been notable. While occupancy rates slightly dipped due to increased listings, total nights booked rose year over year.
"As a Joshua Tree local, we all know the best entrance is the Twentynine Palms entrance. ... It's the part of the park that looks the most like it's a different planet," said Benjamin Uyeda, a co-founder and designer of the hotel who has lived in the area since 2017.
Casa Terra e Vidru was developed in collaboration with designer Fabrizio Carboni and architect Enrico Manca, reflecting the client’s desire for a personal home and rental space.
"People are getting more comfortable with booking short-term rentals and figuring out the pricing mechanics. Many STRs offer last-minute discounts to fill inventory, so that the closer you get to a stay, the less expensive it is."
The Polo Villas is a luxury 18-home community just outside Coachella, available for nearly $80 million, ideal for short-term rental investment.
