When a short-stay beats a lease — and when it doesn't
The honest ledger on short-stay investing, market by market.
In favour: the best markets earn well above a long-term lease, occupancy is high enough to carry the year, and demand is anchored by tourism or events rather than one-off spikes. Light-regulation states let hosts run the calendar with fewer caps.
Against: supply is growing fast — nearly 13% nationally while revenue rose only about 3% — so more hosts are fighting for the same pie. Seasonality, insurance and cleaning costs eat into headline yields, and a single council or levy decision can reprice a market overnight.
More hosts are fighting for roughly the same pie
Key points
- For — premium earnings, high occupancy, anchored demand
- Against — surging supply, seasonality and costs, regulation risk
- Net yield, not headline rate, decides it
Illustrative sample — general information and market commentary only, not a recommendation to buy, sell or hold any asset.