Nick Marotta, a broker with Berkshire Hathaway in Ocean City, says their rentals this year are just under what they did last year.
Local tourism experts say in 2021 and 2022 there was so much pent-up demand from COVID-19, and they knew it couldn't last forever.
Their dad, Caleb Flor of Hatboro, Pa., says prices have definitely increased since the last time he's been here."We like to hit some of the classic places like Manco and Manco, we just had that for lunch and we try to budget the rest of it," said Caleb Flor."Inflation has impacted vacationers' spending, and we are finding that things are a little slower. The hotels are reporting a slowdown," said Wieland.
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