The revenue gap has decreased from its high point of 43% during 2020 but is still substantial. Thanks to higher occupancy and daily rates, pet-friendly rentals made an average of $204 every available night, which is 24% higher than the $165 that the average non-pet-friendly rental made. Similarly, the pet-friendly average daily rate increased by 12% from 2021 to 2022, slightly higher than the 9% increase for non-pet-friendly rentals. This price differential has grown since 2020, with pet-friendly average daily rates 7% higher during 20. was 9% higher than non-pet-friendly rentals at $379, compared to $346.

In 2022, the average daily rate for pet-friendly rentals in the U.S. For example, urban travel recovered and urban destinations are generally less popular for travel with pets.īecause demand for pet-friendly short-term rentals is strong enough to increase occupancy rates, they can also command higher prices. 3%, respectively), reflecting a return to more typical travel dynamics. From 2021 to 2022, the occupancy rate for pet-friendly rentals saw a larger decrease as compared to other properties (-7% vs. The gap in occupancy rates was the highest during 2020 when pet-friendly destinations like beaches, mountains, lakes, and rivers were booming and everyone wanted to travel with their pets. During 2022, pet-friendly vacation rentals had an adjusted paid occupancy rate of 54%, considerably higher than 48% for rentals that don’t allow pets.

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