Across the Phoenix market, more property owners are moving away from traditional long-term leases in favor of a short-term rentals (STR) model. STRs offer flexibility that standard leases do not, giving owners the freedom to adjust pricing in response to market conditions, pause operations for repairs or use the property themselves when needed.

Phoenix’s visitor economy, driven by tourism, business travel and seasonal events, creates a steady demand for furnished, short-stay accommodations, making Phoenix short-term rentals a viable alternative to conventional leasing.

Economic and operational benefits

With an average of 300 days of sunshine each year, short-term occupancy rates in Phoenix remain strong enough to significantly outpace traditional long-term rental income. Property owners

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