Skift Take

Texas could be the future of the vacation rental market.

Elizabeth Casolo

Short-term rentals in cities and suburban areas are struggling with their occupancy rates. At Skift’s Short-Term Rental Summit, AirDNA Chief Economist Jamie Lane said the “mass exodus” of people from certain places is redefining where guests stay.

As more people move to states like Texas and Florida, there has been a shift in U.S. travel trends.

“These locations lead to people vacationing in entirely different markets,” Lane said.