March proved to be another month of demand gains with nights booked up 12% YOY and overall nights stayed up 16% YOY, fueled by a strong spring break. Supply increased 20% YOY, a significant slow down from 26% last month with the downward trend expected to continue. Jamie Lane sits down with Mariah Kamei this week to talk about US and Europe STR trends for March. We learn about Nectar’s capital sources and how Nectar plans to continue supporting sub-institutional rental owners and operators with better analytics, tools, and financing products into the future.Ĭonnect with Jamie on LinkedIn and Twitter:Ĭonnect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram: Derrick breaks down some of the portfolio characteristics his company looks for when assessing applicants and dives into some of the ways rental owners have been using their cash advances to expand or improve their real estate portfolios. Nectar was founded with the desire to provide fast, flexible, and non-debt financing to rental property owners and managers looking to scale their rental portfolios. This week, Jamie Lane sits down with Derrick Barker, Co-Founder & CEO of Nectar to dive into short term rental financing and the origins of Nectar.
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