Why Knowing How Much to Charge for Airbnb Listings in Your Market is Essential Pricing your property based on several factors delivers the most advantageous Airbnb pricing strategy. Hosts and PMs who utilize a dynamic Airbnb pricing tool to optimize their pricing...
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Early 2020 proved painful for Australia: devastating bushfires engulfed much of the country just before the COVID-19 pandemic arrived at its shores. Like elsewhere in the world, travel across all Australian states and territories slowed, then ceased, as autumn...
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Like so many other companies, Airbnb was put through the wringer in 2020. But, unlike too many others, it emerged in much better shape at year’s close. Weeks after its eye-popping IPO, the short-term rental platform saw January bookings in the U.S. shatter previous...
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It may seem strange to some, but post-pandemic is an excellent time to pursue an Airbnb investment. There are a couple of reasons for this. First, interest rates are at their lowest, making property ownership more attainable for more people across more geographies....
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Dialing In Airbnb Prices: A Flexible, Dynamic Pricing Strategy is a Successful Strategy If 2020 revealed anything to short-term rental hosts, it’s that the most successful Airbnb pricing strategy is one that remained flexible. Major markets like New York, Los Angeles,...
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Elevated Amenities Make Your Property Pop. Airbnb Decor Doesn’t. With around six million listings, Airbnb guests now have more options than ever when it comes to booking unique stays — and finding a space that includes the best Airbnb amenities for their needs....
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Using Airbnb Data Analytics to Reveal Why Occupancy Rate is a Misunderstood Metric Airbnb occupancy rates have over the years become the ultimate metric for many short-term rental hosts. It’s understandable, right? Hosts want their short-term rental properties fully...
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2020 has been a rather unpredictable year for Airbnb holiday lets in the UK and Europe. After markets experienced drastic declines in short-term vacation property bookings in late March, many began to see demand steadily climb as summer arrived — a welcomed reversal...
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Today’s short-term rental market doesn’t exactly lend itself to the casual Airbnb host. There’s increased competition, more rental channels, higher guest expectations, new cleanliness standards, and unprecedented booking behaviors. All of this has amounted to a huge...
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It goes without saying that the U.S. vacation rental investment landscape has changed drastically in 2020. After COVID-19 upended the travel space earlier this year, the best places to invest are looking far different with some profound new characteristics. Before...
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Looking to maximize your Airbnb revenue? We’re here to help. Whether you’re an Airbnb host, property manager, or investor, use this step-by-step guide as a go-to strategy on how to Airbnb and making the most from your properties. Let’s jump in. Find the Best...
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So far, 2020 has dealt a considerable blow to the vacation rental industry. Cancellations, refund requests, barren reservation calendars — it’s a reality unlike any we’ve seen in the industry’s history. Of course, short-term rentals haven’t been the only...
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At the time of writing, the coronavirus has killed more than 4,000 people and sickened more than 115,000. International stock markets have witnessed the biggest plunge since 2008, entire cities and countries have been placed on lockdown, and massive...
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Since the 2009 recession, homeownership in the United States has, for many, felt more like a pipe dream than any feasible part of the American dream. A 2019 report from ATTOM Data Solutions has confirmed that this sentiment is no longer a hunch — it’s written in...
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Europe Sees Massive 15-Point Surge to Finish 2019 To better explain the gravity of this year-end boost to the European vacation rental market, consider this: throughout the past four years of tracking millions of rental properties in Europe — only twice have we...
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In February of 2018, Airbnb took a huge step in doubling down on the professionalization of vacation rentals. With short-term stays no longer a fringe alternative and travelers’ tastes (and demands) changing rapidly, the home-sharing platform responded big with Airbnb...
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Listing photos. Ask 100 hosts if they’re important, and you’re liable to get 100 “yeses”, but unfortunately, that doesn’t mean all listings have great photos. Far from it. Let’s take a moment to see just how important listing photos really are to the success of a...
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What is a Minimum Night Stay Policy on Airbnb? Also known as a minimum length-of-stay requirement, the minimum night stay policy on Airbnb is the minimum number of nights that a guest can book a short-term vacation rental. It’s determined entirely by the host, and it...
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Over a decade after Airbnb’s inception in 2008, it’s become patently clear that short-term vacation rentals can be extremely lucrative. There are, of course, many locations where managing a vacation rental makes little sense, and still other places where marginal...
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The European AirDNA Index Our team at AirDNA is proud to announce the inaugural European AirDNA Index. Much like the S&P 500 provides insights into the stock market, we set out to develop a resource that tracks the monthly performance of the European vacation...
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The United States AirDNA IndexAs the vacation rental market settles into its offseason, data from this month’s AirDNA Index echoes a familiar theme: fall months mean either stagnant or falling revenues. Historically speaking, the transition from September to October...
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A Crowded Market: Recognizing the Need for Smart Airbnb Analytics Over the last decade, Airbnb analytics show that vacation rentals have skyrocketed from a far-fetched booking alternative to a sector that is now growing nearly twice as fast as traditional hotels. The...
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If you’re a property manager or short-term rental host in Missouri, chances are you’ve become a whole lot busier over the last few years. Since 2017, whole-home Missouri vacation rentals have increased by 66 percent, and tourism to the state is set to top more than 45...
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The United States AirDNA Index The United States’ short-term rental industry has officially entered its shoulder season. Whereas revenues remained strong throughout the late-summer push, September saw the onset of fall and an abrupt snap back to reality. Occupancy...
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What is Instant Book on Airbnb? When strategizing how to maximize your short-term rental revenue, Airbnb Instant Book often goes overlooked. The feature — which allows guests to make reservations immediately and without the need to submit a request — is...
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It can be hard to let go. Especially when it comes to something with such a direct impact on your livelihood and lifestyle. That’s right, I’m talking about pricing your vacation rental. Although the temptation to control your own destiny and manage your own pricing is...
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In May 2019, Airbnb extended its reach into one of the world’s fastest-growing populations when it launched an Arabic version of its website. Although Airbnb’s main intention was to expand its presence across the Middle East and Northern Africa, the impact may have...
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Ready to take your revenue management strategies to the next level? AirDNA’s dynamic pricing tool is here! Plus, it’s free for current MarketMinder subscribers! Back in May, we launched an Airbnb pricing tool, which compares your short-term rentals’...
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TOKEET Integrating AirDNA’s API Inside a PMS to Serve Smarter Pricing to Property Managers Tokeet is a Property Management System (PMS) launched in 2016 with over 50,000 rentals. Aimed at hosts and managers from 1 to 1,000 properties, Tokeet’s solutions make it easy...
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Although the division between “traditional” and “alternative” lodging might be clear to consumers, the lines are becoming less clear behind the scenes. In 2018, Airbnb represented 5.5% of total U.S. lodging demand. That might not sound like much, but it represents a...
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Vietnam was recently named the third fastest-growing tourism destination in the world by the United Nations World Tourism Organization, after recording a 29% increase in visitors year-over-year. Vietnam is the easternmost country on the Indochina Peninsula, sharing...
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Short-Term Rental Hosts in Madrid Have Their Eyes Off the Ball As vacation rental hosts in the Spanish capital vastly overcharge for the dates of the Champions League final, they are leaving money on the table and fans without a place to stay. Football fans hoping to...
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Eenie, Meenie, Miney, Moe. With the rise of disruptive vacation rental listing platforms, many are considering a channel management strategy and asking, “which listing platforms are right for me?” The way most hosts or vacation rental managers answer this question is...
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What Is Rental Arbitrage?Rental arbitrage is the act of renting a property long-term and then re-renting it on a short-term basis on Airbnb, HomeAway, or other vacation rental platforms. If you’re a short-term rental host or vacation rental manager, you’ve likely...
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Analyzing data of any kind on a macro level can be dizzying. At AirDNA, we analyze a heaping 1 billion new data points on the global short-term holiday rental industry every day. We’re always on the lookout for fresh ways to use and present it for the thousands of...
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HomeAway vs Airbnb Which markets see the most overlap on these platforms? In competitive markets, hosts and vacation rental managers often list their properties on more than one platform. In this data set, you’ll find historical data for the top 100 markets...
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Update! Check out our latest report on Airbnb UK and Europe: the Top Markets for Hidden Holiday Lets in 2021 In the past few years, short-term rentals have taken off worldwide, with both traditional resort markets and urban areas becoming hot spots for investment....
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Note: In December 2019 AirDNA updated MarketMinder to reflect HomeAway’s branding pivot to “Vrbo.” The data and methodology for sourcing our data have not changed and remains as accurate as ever. Just a heads up for when logging into MarketMinder,...
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Welcome to MarketMinder! This is your beginner’s guide to unleashing the power of Airbnb data with the world’s most comprehensive tool for STR managers. MarketMinder features over twenty-five metrics, such as the number of rentals, listing growth, and property sizes....
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After an extended backpacking trip opened my eyes to the untapped revenue potential of Airbnb, I realized that Airbnb hosts needed better data to identify market opportunities and optimize the performance of their short-term rental listings. We launched AirDNA in 2015...
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Most Airbnb hosts select a cancellation policy based on their own level of comfort and risk tolerance, not as a strategic part of overall revenue optimization. But just as other ancillary settings like minimum night stay are becoming actively managed, maybe there’s...
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BNB GUEST CONFERENCE IN ATHENS Vacation Rental Market Spotlight: Athens, Greece AirDNA CRO Tom Caton dives into the data to break down market saturation, emerging neighborhoods for investment, professionalization of the vacation rental space, and competitive analysis...
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Understanding the pace in which guests are booking short-term rentals is a critical part of any host or property manager’s pricing strategy. Whether it’s gearing up for normal annual seasonality, a major annual event, or a special one-time city-wide celebration,...
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Super Bowl LIII is just days away, and if you’ve been reading any of the articles about Airbnb Super Bowl listings in Atlanta, you would be led to believe hosts are making thousands of dollars per night from football fans who are flooding the town this weekend. A...
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What Is a Percentile? A percentile is the percent of people, from 0% to 100%, that fall below that number in any set of data. In vacation rental data, percentiles are used to rank performance of properties across a market by occupancy and ADR. Knowing how your...
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The biggest day-to-day decision any host or property manager needs to make on a regular basis is what are the optimal daily rates for their rental properties. This is often a daunting task that relies heavily on intuition and historical occupancy with little insight...
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Read our updated post on the Best Places to Invest in Vacation Rentals in 2020+2021 here. If you want to expand your vacation rental portfolio — or even purchase your very first property — knowing the best places to buy vacation rental property is the first step to...
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RevPAR FormulaIn hotel reporting, RevPAR is Revenue Per Available Room and is calculated by multiplying the Average Daily Rate (ADR) by the occupancy rate. For Airbnb and HomeAway listings in MarketMinder, RevPAR is the Revenue Per Available Rental and is calculated...
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AIRDNA The Airbnb Expert’s Playbook The Airbnb Expert’s Playbook provides a detailed, step-by-step guide to starting, running, optimizing, and growing your short-term vacation rental business. Download the report. Name* First Last Company Name*Email*...
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PASS THE KEYS AirDNA Data is Key to Customer Satisfaction and Scaling a VRM into New Rental Markets! Pass the Keys is growing rapidly in the U.K., and has relied on AirDNA data to improve the accuracy of their property forecasts, target new rental markets for...
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UPDATE December 2019: Due to some recent changes within our providers’ calendar system, we’ve temporarily disabled the benchmarking tool within the ‘My Properties’ feature of MarketMinder. You’ll still be able to upload your Airbnb properties to analyze your...
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How to Calculate ADRADR or Average Daily Rate is calculated by dividing the total revenue earned by the host for the entire reservation by the number of booked nights. As part of our ongoing series exploring short-term vacation rental metrics, this blog post takes a...
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What is Occupancy Rate?Occupancy rate for a short-term vacation rental is the number of booked nights divided by the sum of the available nights and booked nights. Whether you’re new to short-term vacation rentals or an industry pro, it’s important to understand the...
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Hopefully by now you’ve seen some aspect of our new brand – friendly colors, a streamlined logo, or an easier-to-navigate website – via our educational emails or at our VRMA presentation in Vegas earlier this week (slides can be found here, for all of you...
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Colliers The top neighborhoods and comparable hotel metrics. More than 736,000 overnight stays were booked via Amsterdam Airbnb listings in 2015 – almost 9% of total demand in the city. Download the...
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CBRE A Comprehensive National Review of Airbnb Growth Including a Spotlight on 13 U.S. Markets This Airbnb growth analysis covers the U.S. and highlights data for 13 cities utilizing two years of AirDNA data for the period of October 2014 through September 2016. The...
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The MarketMinder product that you know and love has gotten a facelift. Now it’s even easier to use MarketMinder’s real estate investment analytics to price your vacation rentals effectively, evaluate the competition in your market, analyze the performance...
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Egypt’s tourism industry is experiencing a New Golden Age for vacation rentals. Several years of political unrest and a wave of terrorist attacks affected not just government stability and local communities, but had the damaging knock-on effect of putting off...
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While AirDNA featured an Australian treehouse as one of Airbnb hottest rentals earlier this year and released an in-depth analysis on the best cities to buy vacation home rental properties, we haven’t spent a lot of time focusing on short-term rentals in...
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Airbnb launched their Superhost program in 2016 to reward their most devoted hosts with a special VIP status. Beyond just a feather in the cap, They stated that hosts who achieved Airbnb Superhost status would reap benefits such as improved search placement, better...
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Unforgettable adventures are made from more than just amazing destinations. If you’ve ever dreamed of sleeping amongst lush trees while perched in a treehouse, retreating deep within an exotic cave’s crevasses, being the ruler of a castle, or sprawling out on...
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Airbnb launched its Business Travel Ready program to lure professional travelers away from hotels in 2015. Initially, the program had its skeptics. Would business travelers be willing to ditch their loyalty programs, change their booking habits, and adopt a radically...
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AirDNA is excited to announce the launch of MarketMinder, a breakthrough competitive intelligence and vacation rental analytics tool built to empower both beginners and seasoned Airbnb entrepreneurs worldwide with the data to make smarter decisions. As one of the...
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While trying to book an Airbnb a couple weeks ago I had a revelation. Booking a good Airbnb is hard! There are so many choices these days. You can spend hours browsing photos and reading reviews trying to find the perfect place. Making things even more difficult is...
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Here at AirDNA, we spend about 1% of our time writing blog posts and about 99% of our time working on the accuracy of our data. So when Airbnb publicly release numbers, we sit up; take notice; and compare our data to see how accurate it is. The results show we can...
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The Republican Convention and Democratic Convention are going to be held in held in Cleveland and Philadelphia, respectively, in the coming weeks and although most residents aren’t thrilled by the candidates, many of them are excited to make some extra income...
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It’s never been easier to embark on a career as a vacation rental manager. You don’t need to create a website, set up a payment system, or pay for marketing. Platforms like Airbnb take care of these things for you. As the barriers to entry have come down, people from...
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I wrote The Airbnb Expert’s Playbook after running several highly successful Airbnb properties, I wanted to share my findings with other vacation rental entrepreneurs. Four years later and AirDNA is now the leading provider of short-term rental data and...
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AirDNA has rolled over to the Airbnb Open in Paris to report to our loyal readers what the future portends for Airbnb Hosts. The Airbnb Open is a gathering of 6,000 of the most dedicated hosts in the world (dedicated in that they footed the bill to go to Paris and...
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Customers frequently ask, “What cities is the best place to start a new Airbnb vacation rental.” Every city has it’s pro’s and con’s; regulation, seasonality, cost of ownership and so on. We thought we’d let the performance of the...
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Airbnb recently released some long overdue calendar enhancements that very few hosts are taking advantage of. Did you know you can set different minimum night stays for peak seasons, or only receive reservation requests for days in the next 6 months? While providing...
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It’s often said that communication is key. When your Airbnb guest first reaches out to you about renting your property, the method, tone, and urgency in which communicate with them will determine whether they want to book with you or not. It’s a crucial time to show...
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Summer is here and Airbnb hosts around the world are scrambling to set the perfect pricing to maximize their revenue during this high-season. Just in time for the summer rush, Airbnb launched a new Pricing Tips tool to help hosts better understand the travel demand in...
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