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Fact Check: World Cup Short-Term Rentals Revenue Disappoints Despite Overcharging
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Tony's Kansas City
WORLD CUP FAILED TO BRING RICHES TO SHORT-TERM RENTAL OPERATORS!!!
With more places in the market, occupancy rates actually went down — but prices went up.
"Kansas City can boast about an 88% increase in year-over-year revenue for short-term rentals due to the World Cup but not because of an increase in demand.
"According to a study by AirDNA, a data analytics platform for short-term rentals, the increase came from hiked-up prices.
KCUR: Kansas City didn't fill all its Airbnbs during the World Cup.