After a record-breaking July, the US short-term rental (STR) market cooled in August, with demand growing 7.6% year-over-year (YOY), compared to 9.3% growth in July. Still, this was the biggest August ever, with 21.2 million nights booked, despite a punishing heat wave across much of the nation, devastating wildfires in Hawaii, and a hurricane passing through Florida.

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