Short-term rental property analysis
Are you making as much as your competitors?
Scoping out your competition is a vital part of running a vacation rental. But gathering all that information can mean hours of combing through listings and building spreadsheets. Even then, you don’t have the full picture: the true annual revenue for each listing, their yearly occupancy rate, insights from different listing platforms, etc.
With AirDNA’s My Properties tool, easily see the annual revenue, occupancy rate, and average daily rate (ADR) for your listings—and then compare them to your top competitors in a matter of seconds. It’s like having a cheat sheet for your vacation rental.
AirDNA users who connect a listing and use AirDNA Rates see up to 24% more in annual revenue
Custom competitor lists
Compare your vacation rental against your top competitors
No matter how big or small your STR market is, you’re not literally competing against all the other listings. You’re only competing against the other properties your guests are actually interested in. Refine your focus and pay attention to the competitors who matter most by creating a custom comp set.
This helps you see how you stack up to local competition based on the listing factors and vacation rental amenities you and your guests care most about.
What's in a comp set?
Create Your Custom Comp Set
Refine your comp set based on the features that matter most to you and your guests.
# of Bedrooms & Bathrooms
Guest Capacity
Proximity to your Property
Star Rating
Number of Reviews
Included & Excluded Amenities
Property performance score
Benchmark your short-term vacation rental property at a glance
Don’t have time to dig into the data? Take a quick temperature check to see if your future occupancy, booking price (aka booked rate), and booking lead time for the next year is outperforming or underperforming versus the competition.
- Future Occupancy: Do you have a larger or smaller percentage of available nights already booked?
- Booked Rate: Are your listings getting booked at higher or lower rates than your neighbors?
- Lead time: Do your competitors have more upcoming stays already on the books?
These metrics make up your vacation rental Booking Performance Score. Think of it like a credit score—an easy way to keep tabs on how your STR properties are performing.
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Insights for a competitive edge
With all this information at your fingertips, you can make smart decisions to meet your unique vacation rental business goals, like increasing your occupancy or annual revenue or how to adjust your rates based on the competition.
Pro Tip: Use your comp set to get more detailed nightly rate recommendations or to better understand future booking pacing (more on that in the video below!).
