//Airbnb owners who snapped up homes in the last several years during the era of 'free' money are facing a downturn in the short-term rental market that started in the second half of 2022, with some Airbnb operators in cities facing 50% revenue declines, according to a recent note published by Reventure Consulting CEO Nick Gerli.
"I believe these losses will cause a wave of distressed selling from Airbnb operators in 2023 and 2024," Gerli said. //
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