Popular travel destinations across the country experienced lower occupancy rates this summer and real estate experts believe one of the causes could be high supply with low demand.
"It's a little bit less now because people book last minute," he said.
destinations across the countryThe company, which tracks the performance of vacation rentals, revealed occupancy rates are down 14% in Orlando, Florida, 12% on the Jersey Shore, and 8% in San Diego, California."In August, you're going to pay for a place like ours around $500 a night. There are rentals that go for a lot more than that per night," she said.
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