How much are revenues really down for short-term rentals?

ABC15 asked ASU real estate expert Mark Stapp to weigh in on whether the short-term rental market is experiencing a revenue collapse.

In this story published July 17, 2023, on ABC15:

I sincerely doubt that those statistics of a 40% decline reflect what’s really going on in the market. It just doesn't seem to comport with what we’re actually seeing.

– Mark Stapp, executive director of the Master of Real Estate Development program and Fred E. Taylor professor of real estate