Shows
STR Data Lab™ by AirDNAMay STR Trends: ADR Climbs, Bookings Shrink, Reviews EvolveIn this episode of the STR Data Lab, Jamie Lane and co-host Scott Sage discuss short-term rental trends and market performance for the month of May. Jamie shares insights from his personal experiences managing his short-term rental property in the North Georgia Mountains.
The discussion highlights a 6% year-over-year increase in STR listings, a 1% dip in occupancy, a 6% rise in ADR, and a 4.8% growth in RevPAR. They note that while nights booked are slightly down by 0.3%, shorter lead times for bookings are contributing to this trend. The conversation covers the implications of global events on travel and the S...2025-06-2627 min
STR Data Lab™ by AirDNAEnhancing Guest Experience and Revenue with Happy GuestIn this episode of the STR Data Lab, Jamie Lane welcomes Michael O’Connell, founder of Happy Guest. Michael shares insights into the purpose and functionality of Happy Guest, a guest management system designed to streamline the check-in process for short-term rental properties while enhancing the overall guest experience.
Happy Guest provides an all-in-one, web-based check-in solution that integrates with property management systems, allowing hosts to manage post-booking interactions seamlessly. The platform facilitates rental agreements, HOA forms, and upsells like early check-in and late checkout to generate ancillary revenue. Michael discusses the importance of user-friendly technology that doe...2025-06-1940 min
STR Data Lab™ by AirDNAMaximizing Last-Minute Bookings in the Short-Term Rental IndustryIn this episode of the STR Data Lab, Jamie Lane welcomes Alex Alioto, Head of Growth at Whimstay. They discuss the inception and growth of Whimstay, an OTA specializing in last-minute bookings for short-term rentals. Alex shares insights on how they fill unsold gap nights and create a win-win situation for both hosts and spontaneous travelers.
The conversation delves into the challenges and strategies around booking windows, particularly the trend of shortening lead times due to economic uncertainties. Both emphasize the importance of having a diverse distribution strategy and dynamic pricing to capture various traveler segments. Alex h...2025-06-1243 min
STR Data Lab™ by AirDNAThe Power of Hospitality and Community in Short-Term RentalsIn this episode of the STR Data Lab, Jamie Lane sits down with Jodi Odlin, founder of Hospitable Hosts, a book series celebrating stories from the short-term rental industry. Jodi recently won the Rentalpreneur Award at the Shorty's and shares her journey from a hospitality background to becoming a successful short-term rental host. Hospitable Hosts is a trilogy featuring 40 authors in each book. These books aim to inspire and provide tips for new and experienced hosts by sharing their personal stories.
During the conversation, Jodi emphasizes the importance of hospitality in the short-term rental business, contrasting it w...2025-06-0529 min
STR Data Lab™ by AirDNAMemorial Day Weekend Travel Trends and Airbnb Summer Release InsightsIn this episode of the STR Data Lab, Jamie Lane and Scott Sage discuss travel trends and the latest insights from the Airbnb summer release. Jamie shares his exciting Memorial Day plans, heading to North Carolina for his grandfather's 95th birthday and then to Litchfield Beach in South Carolina for a large family reunion. They discuss Memorial Day travel data, noting that occupancy rates are almost identical to last year but achieved through different trends. There's a weakness in budget and economic travel but strength in upscale travel, especially in coastal destinations.
Jamie and Scott discuss the i...2025-05-2930 min
STR Data Lab™ by AirDNAEnhancing Safety in Short-Term Rentals: Insights from Breezeway's Justin FordIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, is joined by Justin Ford, Director of Short-Term Rental Safety and Certifications Program at Breezeway. Justin shares insights into his role and the importance of safety in short-term rentals. Breezeway, a property care and operations platform, supports professionalism and safety in the industry.
Ford explains the primary goal of using Breezeway for safety inspections, elevating standards, fostering community awareness, and aiding government efforts in inspections. He emphasizes the significance of safety standards and offers practical tips for property owners to ensure guest safety...2025-05-2239 min
STR Data Lab™ by AirDNAThe Importance of Short-Term Rental Advocacy with Julie MarksIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, speaks with Julie Marks, founder and executive director of the Vermont Short-Term Rental Alliance (VTSTRA). They delve into the significance of short-term rental regulations and advocacy. Julie shares her journey into short-term rental management and advocacy, which began when her local government considered shutting down vacation rentals. With no prior political experience, Julie realized she needed to get involved to protect her business and the industry. They discuss how regulations can impact short-term rental performance and investments, emphasizing the necessity for hosts to actively participate...2025-05-1533 min
STR Data Lab™ by AirDNALessons From Scaling an STR Business with Kerri GibsonIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, is joined by Kerri Gibson, the CEO and co-founder of Chalets Hygge. Carrie shares the story behind the unique name of her company, which is inspired by the Danish concept of 'hygge,' emphasizing joy and contentment in life's simple moments.
Kerri discusses the accidental start of her short-term rental business in 2017 and how it quickly grew from one to six properties. She explains how her CPA background helped her in the analytical and creative aspects of property management. Kerri also highlights the im...2025-05-0835 min
STR Data Lab™ by AirDNANavigating Vacation Rental Marketing and Growth with Rebecca LombardoIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, is joined by Rebecca Lombardo, a fractional CMO and marketing strategist. Jamie and Rebecca discuss the meaning of a fractional CMO and its role in the vacation rental industry. Rebecca shares her journey into the vacation rental space, starting as a CMO at True Place, a company specializing in photography and virtual tours for vacation rentals.
The conversation covers the difference between listing and marketing a property, including the importance of understanding your audience through market research. Rebecca explains how to generate demand b...2025-05-0133 min
STR Data Lab™ by AirDNATrends, Tariffs, and Market ProjectionsIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, is joined by Bram Gallagher, Director of Forecasting at AirDNA. The duo discusses several pressing topics within the short-term rental industry and broader economic indicators. They begin by reviewing March performance and early April trends, noting a mixed story influenced heavily by recent tariff announcements. Despite a challenging 2023, 2024 saw positive momentum, particularly in mountain resorts benefiting from good snowfall. However, March presented a slight decline in demand growth and occupancy rates, partly due to a calendar shift with spring break and Easter moving to April. 2025-04-2430 min
STR Data Lab™ by AirDNAFeeling the Market: Adaptive Revenue Management in Unpredictable TimesIn this episode of the STR Data Lab, Jamie Lane is joined by John An, founder of TechTape. The two share insights into navigating today’s volatile travel market. Jamie highlighted that 2024 is shaping up to be a more challenging year, with signs of softening demand in several U.S. markets. He pointed to Washington, D.C. as a key example, where government-related travel is slowing due to federal budget tightening. John emphasized that revenue management today is more about feel and adaptability than relying solely on hard data. He compared it to driving—requiring constant micro-adjustments rather than abru...2025-04-1740 min
STR Data Lab™ by AirDNAFinding and Creating Super Properties with Bill FaethIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, chats with Bill Faeth, founder of Build Short-Term Rental Wealth and a 30-year real estate investor. Bill shares his journey into short-term rentals, which began in 2015 after a convincing conversation with an electrician friend. He describes transition from traditional real estate to short-term rentals by purchasing his first property in Gulf Shores, Alabama. Bill provides insights into his investment strategy, influenced by the Pumpkin Plan book, and breaks down his unique approach to creating 'super properties.' He explains that s...2025-04-1240 min
STR Data Lab™ by AirDNAMastering Short-Term Rental Photography with Andrew KellerIn this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, is joined by Andrew Keller, a short-term rental photographer and founder of ISOneedphotos. Andrew shares the importance of professional photography for short-term rentals, emphasizing how it can significantly improve booking rates. He outlines his journey into photography, starting from a young age and transitioning into short-term rental photography around December 2020. Andrew highlights the common mistakes property owners make by using amateur photographs, noting that lack of professional photos can cost potential bookings. He discusses the evolution of his own p...2025-04-0337 min
STR Data Lab™ by AirDNAAssessing Economic Uncertainty and Its Impact on the STR IndustryIn this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, is joined by Bram Gallagher, Director of Economic and Forecasting at AirDNA, to discuss current economic uncertainties and their potential impact on the lodging industry. They delve into the new presidential administration and recent fluctuations in the stock market, which have introduced significant uncertainty. Despite strong fundamentals in unemployment rates and GDP growth, consumer sentiment and the economic policy uncertainty index show signs of concern, with the latter reaching its highest level since COVID-19. A notable topic is the i...2025-03-2729 min
STR Data Lab™ by AirDNAFebruary STR Performance: Winners, Losers & What’s NextIn this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, and co-host Scott Sage, SVP of Marketing & Customer Experience, discuss short-term rental performance for February 2025. They start by noting strong overall demand, with a 5% year-over-year increase, although the first weeks of March showed a decline. Supply growth, marked at 3.9%, shows stabilization despite some markets seeing negative growth. They delve into detailed metrics like RevPAR, which rose 5%, and an ADR increase of 6%. The conversation covers the impact of recent events like March Madness, the Super Bowl in New Orleans, and B...2025-03-2027 min
STR Data Lab™ by AirDNAThe Power of Automation in STRs: Turno’s Impact on Hosts & ManagersIn this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, welcomes Assaf Karmon, CEO and co-founder of Turno. The discussion dives into Turno's platform, which helps short-term rental owners find reliable cleaners, automate scheduling, and essentially autopilot their business. Assaf describes his initial venture into short-term rentals, emphasizing the challenges he faced, leading to the creation of Turno—a marketplace for vacation rental cleaners in multiple countries. Jamie shares his personal experience using Turno and highlights its efficiency in sourcing cleaners. They discuss the variance in cleaning fees and how Turno's vetting process helps in...2025-03-1335 min
STR Data Lab™ by AirDNADirect Bookings Made Easy: How Savvy is Changing Vacation RentalsIn this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, and Eric Goldreyer, the CEO and Founder of Savvy. Eric shares his rich history in the vacation rental industry, dating back to 1995 when he and his wife founded bedandbreakfast.com. The website became the leading platform for bed and breakfast listings and property management software. Eric recalls his journey, from creating central reservation systems, to selling bedandbreakfast.com, taking time off, and eventually pioneering new ventures like Turnkey Vacation Rentals and Funair. He highlights the pain points property managers f...2025-03-0644 min
STR Data Lab™ by AirDNAJanuary 2025 Recap and PredictionsIn this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, and Scott Sage, SVP of Marketing, discuss the performance of the Short-Term Rental (STR) market in January. The episode highlights data from Airbnb, Booking.com, and VRBO's Q4 reports, revealing a 12-19% increase in nights booked across platforms. Jamie emphasizes the importance of being multi-channel listed to maximize bookings. Supply growth was reported at 4.3%, while demand growth surged to 8.9%, resulting in over 20 million nights booked, predominantly for spring break. Market dynamics in the U.S. showed record-high January bookings, with an Advanced Daily Rate...2025-02-2724 min
STR Data Lab™ by AirDNAWhy Consistency is King in Luxury Travel with Jonah HanigIn this episode of the STR Data Lab, Jamie Lane, chief economist at AirDNA, sits down with Jonah Hanig, CEO of Rove Travel. Jonah shares his journey from Chicago suburbs to New York City, his stint as an investor, and the experiences that inspired the founding of Rove Travel. He recounts how living in various Airbnbs during the pandemic was a mixed bag and spurred him to create a consistent luxury home rental marketplace. The conversation delves into the challenges and strategies for ensuring high quality and service in luxury travel. Jonah explains how R...2025-02-2031 min
STR Data Lab™ by AirDNAThe Impact of Tariffs & Regulations on Short-Term Rentals in CanadaIn this episode of the STR Data Lab, Jamie Lane, chief economist at AirDNA, sits down with Catherine Rathcliffe to discuss recent developments affecting short-term rentals, especially in Canada. The conversation shifts from past topics like insurance and HR to focus on the significant news in Canadian short-term rentals. With the Trump's administration's proposed tariffs and heightened political tensions, both Canadian and American operators are feeling the impact. Rathcliffe, a repeat guest, brings her expertise on Canadian travel and economic implications. She reflects on the historical relationship between the U.S. and Canada, highlighting how the falling Canadian dollar...2025-02-1344 min
STR Data Lab™ by AirDNASuper Bowl, Mardi Gras & More: STR Strategies for High-Demand EventsIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, interviews Brandy Canaley, COO of Roami and fellow GMH podcast host. They delve into the complexities and strategies of managing short-term rentals during major events such as the Super Bowl, Mardi Gras, and Taylor Swift concerts. Brandy shares her expertise on operations, pricing, and staffing challenges that arise when markets are near full occupancy. Roami operates about 800 units in urban environments like South Florida and New Orleans, where high ADR events are common. They discuss the advance planning required for t...2025-02-0631 min
STR Data Lab™ by AirDNAAffordability, Mortgage Rates, and Housing Dynamics: What Investors Need to KnowIn this episode, Jamie Lane, Chief Economist at AirDNA, is joined by Dave Meyer, Head of Real Estate Investing at BiggerPockets, to delve into the intricacies of the housing market. The discussion touches on the dynamics of short-term rental investments and the broader housing market, highlighting why understanding these trends is crucial for investors. Dave reflects on the volatility of affordability and mortgage rates over the past year and the factors affecting home values. They also discuss the disparity between affordability and home values, noting that more Americans are spending a larger portion of their income on housing. 2025-01-3036 min
STR Data Lab™ by AirDNAHow to Find the Right STR Real Estate Agent with Nikkei RosenbergIn this episode of the STR Data Lab, Jamie Lane sits down with Nikkei Rosenberg, a real estate agent from Savvy Realty, discussing the importance of finding the right real estate agent for short-term rental investments. Nikkei shares her extensive background in vacation rental management, starting from a young age in St. Augustine, Florida. She highlights her journey, including her roles at Vacasa and building a property management company. Nikkei emphasizes the importance of understanding local regulations and having a strong network of vendors. She offers advice on how to identify competent real estate a...2025-01-0942 min
STR Data Lab™ by AirDNAExploring Airbnb’s Future: Innovations and Expansion PlansIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, discusses with Skift CEO Rafat Ali the future trajectory of Airbnb. The conversation delves into potential new business lines for Airbnb as it aims to launch billion-dollar ventures by 2025 and 2026. Lane talks about the need for Airbnb to expand beyond its core accommodations to maintain growth, especially as the short-term rental industry matures. They cover Airbnb’s new co-hosting network, which offers services like listing setup, guest communications, cleaning, and more. Jamie also explores potential new markets, such as car, boat, and plane ren...2025-01-0239 min
STR Data Lab™ by AirDNAExploring the Economic Trends and Innovation in the STR MarketIn this episode of the STR Data Lab, Jamie Lane is a guest on Wil Slickers podcast Slick Talk where they dive into his history within the travel and tourism sector. They discuss the impacts of COVID-19 on market dynamics and make predictions on the future of the STR (Short Term Rental) market. Topics include AirDNA's acquisition of Uplisting, the new video series 'Jamie's Lane Change,' and Lane's recent adventures in real investment. Jamie shares his extensive career, starting from his work at PKF Hospitality Research in 2010, his time at CBRE, and now his role at AirDNA. They...2024-12-261h 13
STR Data Lab™ by AirDNANovember Market Recap and 2025 ForecastIn this episode of the STR Data Lab Jamie Lane, Chief Economist at AirDNA, and Scott Sage recap November's key metrics in the short-term rental market and projections for the future. They discuss metrics such as Average Daily Rate (ADR), occupancy, RevPAR, listings, and demand growth, all of which exhibited positive year-over-year signals. Special attention is given to ADR, which saw a 7% growth in November, partly due to easy comparisons with last year's 3.9% decline. The hosts highlight the deceleration in supply growth from 15% last year to 4% this year and its positive impact on occupancy and pricing power. A...2024-12-1921 min
STR Data Lab™ by AirDNAHow to Use the Power of Social Media to Market Your Short-Term Rentals with Madison RifkinIn this episode of the STR Data Lab, Jamie Lane, chief economist at RDNA, interviews Madison Rifkin, CEO and founder of Mount. The discussion begins with an overview of Mount, a three-sided marketplace connecting hosts and property managers with their guests and local businesses. Madi emphasizes the importance of offering unique local experiences, rather than just focusing on the property itself. Jamie and Madi delve into her accidental entry into the short-term rental space and her pivot from scooter rentals to Mount's current model. Madi explains how Mount curates top 'hidden gems' for guests, i...2024-12-1240 min
STR Data Lab™ by AirDNAEconomic Outlook for Short-Term Rentals - A 2025 ForecastIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, sits down with Bram Gallagher, the Director of Economics and Forecasting, to discuss the current state and future outlook of the short-term rental market. They start by reflecting on their successful prediction from last year that 2024 would see a balance between supply and demand. Discussing the economy's resurgence, Bram details how 2023 was marked by slow GDP growth, high inflation, and recession worries, but 2024 has seen significant improvements in GDP, income growth, and falling inflation. The duo gives credit to the Federal Reserve for i...2024-12-0534 min
STR Data Lab™ by AirDNAOctober STR Market Performance and Election Impact AnalysisIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, VP of Marketing Scott Sage discuss the October performance of the short-term rental market. The conversation starts with a brief discussion on the 2023 U.S. election results and its potential implications for the industry. They report strong occupancy growth for October with demand remaining stable, and highlight the overall positive trends in RevPar, available listings, and total demand nights. Despite some variations in occupancy increases due to supply changes, they note that demand has surged, particularly influenced by slower supply growth due to h...2024-11-2124 min
STR Data Lab™ by AirDNAThe Essential Guide to Insurance for Short-Term Rentals with Nick MasseyIn this episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, explores the critical role of Short-Term Rental Insurance with Nick Massey, Director of Sales at Proper Insurance. Together, they unravel the complexities of securing insurance tailored to short-term rental properties and discuss practical steps for mitigating risks. Whether you’re an Airbnb host or a seasoned property operator, this episode dives into Climate Risk Insurance, Insurance for Airbnb Hosts, and why customized coverage is essential for protecting your investment.Nick brings his wealth of experience to the table, explaining why generic policies often fall sh...2024-11-1453 min
STR Data Lab™ by AirDNARevolutionizing Property Management Using AI with Besty AI Founder, Sam DundasIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, welcomes Sam Dundas from Besty AI. Sam explains how his background as a property manager led him to create Besty AI, which provides automation for PMS systems. They discuss the company’s rapid growth, reaching 17,000 paying properties within a year and nearing a million in revenue. Their success is attributed to AI applications that streamline guest communications, task management, and review analysis. He notes that Besty AI focuses on integrating practical AI applications directly into PMS, rather than offering separate tools, making adoption eas...2024-11-0749 min
STR Data Lab™ by AirDNAEnhancing Airbnb Success with Data Insights and Hosting TipsIn this episode of STR Data Lab, Jamie and Scott provide a masterclass on how to run a successful Airbnb. Featuring Scott Sage, Vice President of Marketing & Customer Experience at AirDNA, the discussion centers around actionable insights for maximizing revenue, enhancing guest experiences, and leveraging data to stay ahead of the competition. With their combined experience, Jamie and Scott unpack everything from effective guest communication to the importance of conducting a thorough competitive pricing analysis.Jamie Lane, who has recently invested in a large short-term rental property, reflects on his experiences and key lessons learned. Scott shares...2024-10-3136 min
STR Data Lab™ by AirDNAChanging the STR Furnishings Game: A Chat with Minoan CEO Marc HostovskyIn this episode of The STR Data Lab, Jamie Lane sits down with Marc Hostovsky, CEO and founder of Minoan, to talk about how their platform is simplifying the short-term rental game for hosts. Jamie shares his personal experience using Minoan to furnish his own listing, emphasizing how straightforward the process was and the competitive pricing he found.Marc explains that Minoan is a purchasing and supplier management platform designed specifically for hosts, providing access to well-known brands at discounted prices. One of the key features is the centralized ordering system, which streamlines the purchasing process for...2024-10-1050 min
STR Data Lab™ by AirDNA2024 Summer in Review & What’s Ahead for FallIn this episode of STR Data Lab, Jamie and Scott dig into the highs and lows of the summer season and give their predictions for what’s coming this fall.They kick things off by talking about a 4% increase in RevPAR over the summer, even though nearly half of submarkets saw declines. Jamie and Scott remind us that local market trends are key to understanding the bigger picture. August was a standout month, with a 12% boost in demand, thanks in part to the timing of Labor Day. Jamie also highlights the strong growth in hotel demand and ho...2024-10-0328 min
STR Data Lab™ by AirDNACrafting Memorable Guest Experiences with Tyann MarcinkIn this episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, sits down with Tyann, the 'Queen of Guest Experience,' to explore the art of guest communication in the short-term rental space. Tyann shares her personal story, reflecting on how clear, consistent communication has been key to her success. From early challenges with math in college to her rise as an industry leader, she brings authenticity and insight to the conversation.Tyann’s journey started in 2007 as a "hobby host," and today, she manages multiple property brands in Missouri, including historical rehabs and purpose-built ho...2024-09-1246 min
STR Data Lab™ by AirDNASummer Trends, STR Gains: Analyzing the Olympics Impact and Airbnb’s Q2 2024 EarningsIn this episode of the STR Datalab, Jamie and Scott kick off by discussing their summer experiences and share their favorite Olympic moments, while exploring how the Paris Olympics have influenced the short-term rental industry. The hosts highlight a significant boost in Airbnb listings and demand during the Olympics, driven by an expanded supply in Paris. The episode also unpacks Airbnb’s Q2 2024 earnings report, noting strong growth tempered by concerns over shortening booking lead times and a dip in U.S. guest demand.Jamie and Scott examine the factors behind these trends, including economic unc...2024-08-2231 min
STR Data Lab™ by AirDNASustainability and Style: The Bob W Philosophy with Niko KarstikkoIn this episode of STR Data Lab, host Jamie Lane sits down with Niko Karstikko, CEO and co-founder of Bob W, a unique hybrid hospitality brand. Niko shares the vision behind Bob W, a concept that blends the best features of hotels and short-term rentals, ensuring branded consistency, high-quality experiences, and a strong connection to local culture.Throughout the conversation, Niko elaborates on the technology-driven approach that reduces human error and enhances responsiveness to guests. He discusses the company's expansion across Europe, their innovative business model combining leases and management agreements, and the strategies that keep them...2024-08-1546 min
STR Data Lab™ by AirDNANavigating Urban Profitability & Technology in Short-Term Rentals with Ben GrossIn this episode of the STR Data Lab, Jamie Lane welcomes Ben Gross, CEO of Minty Living, as their first two-time guest. Ben provides an overview of Minty Living, highlighting its growth and technological advancements over the past four years. The conversation explores the challenges and importance of technology in scaling operations in the short-term rental market. Ben discusses the operational complexities and his approach to integrating technology for better efficiency and profitability. They delve into how Minty Living manages to maintain high guest experience scores and operational efficiency at scale. Ben shares insights on handling market c...2024-08-0840 min
STR Data Lab™ by AirDNAUnlocking Financial Freedom: Mastering Short-Term Rentals with Michael ElefanteIn this episode of the STR Data Lab, Jamie Lane sits down with Michael Elefante, a successful real estate investor specializing in short-term rentals. Michael shares his inspiring journey from aspiring professional baseball player to achieving financial freedom through real estate. They explore pivotal themes like market selection, property and revenue management, and the critical role of design in attracting bookings. Michael offers insights into overcoming initial struggles, the significance of diversifying investments, and leveraging other people's money for expansion. Discussions highlight tools like AirDNA and Airbnb, effective strategies for evaluating property managers, and the impact of s...2024-08-0145 min
STR Data Lab™ by AirDNALeveraging Data for Short-Term Rental Success with Dr. Rachel GainsbrughIn this episode of the STR Data Lab, host Jamie Lane sits down with Dr. Rachel Gainsbrugh, CEO of Short Term Gems, to explore insights into short-term rental data and trends. Rachel shares her journey from being a pharmacist to becoming a thriving short-term rental operator. She recounts how the Bigger Pockets community and Warren Buffett’s advice to "make money while you sleep" sparked her interest in real estate investment.Rachel highlights the critical factors like debt-to-income ratio and lending products that influence portfolio construction. She emphasizes the importance of communication, convenience, and connection in maintaining lu...2024-07-1836 min
STR Data Lab™ by AirDNAPredicting The Best and Worst STR Markets w/ Scott SageIn this episode of the STR Datalab, hosts Jamie Lane and Scott Sage explore the future of short-term rental markets over the next five years. The discussion kicks off with insights into recent vacation rental demand, notably influenced by population shifts during the COVID-19 pandemic. They delve into their predictive methodology, emphasizing factors like population growth, employment, and feeder cities. Jamie explains the concept of feeder cities and their significance in anticipating rental demand. They use historical data and projections from sources like the U.S. Census and Oxford Economics. The episode reveals top markets like Corpus C...2024-07-1121 min
STR Data Lab™ by AirDNAEnsuring Privacy and Safety in Short-Term Rentals through AI-Driven Monitoring with Nils MattissonIn this episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, welcomes Nils Mattisson, CEO and co-founder of Minut. The discussion begins with the founding story of Minut, a company focused on privacy-preserving monitoring solutions for short-term rentals. Nils explains how their technology leverages AI and edge computing to help hosts monitor their properties without invading guest privacy. The two cover the importance of noise monitoring in maintaining good relationships with neighbors and complying with local regulations. Nils details how Minut’s devices analyze environmental sounds without recording them, maintaining privacy while reducing noise complaints by...2024-07-0438 min
STR Data Lab™ by AirDNAMastering Real Estate Deals: Insights from Henry WashingtonIn this episode of the STR Data Lab, host Jamie Lane welcomes Henry Washington, a real estate investor who transitioned from a crisis into a thriving investment career. Henry's real estate journey began in 2017 when a simple Google search opened his eyes to real estate investment opportunities.Starting with just $1,000 in savings and poor credit, Henry made his first real estate acquisition for $116,000, creatively financing it by borrowing against his wife’s 401(k) and securing a conventional loan from a local bank. This marked his full commitment to real estate, leading him to leave his position in da...2024-06-2743 min
STR Data Lab™ by AirDNAMay Market Review: Supply Growth Slowing and RevPAR Positive Shift w/ Scott SageIn the latest episode of the STR Data Lab, Jamie Lane and co-host Scott Sage break down May's U.S. market performance. They highlight a 7% increase in available listings—the lowest growth seen in three years—and an 11% rise in demand, which has led to a 3% increase in occupancy rates. Despite these gains, occupancy rates still trail behind 2019 levels, albeit with signs of a rebounding market.Jamie points out that the average daily rate (ADR) growth is up 1.5%, with a noticeable shift towards larger rental units. Revenue per available room (RevPAR) has also seen a promising increase of 4...2024-06-2029 min
STR Data Lab™ by AirDNAPioneering Short-Term Rental Investments with Shawn MooreIn this episode of the STR Data Lab, Jamie Lane, the chief economist at AirDNA, welcomes Shawn Moore, CEO and founder of Vodyssey, for a long-overdue conversation. Shawn shares his journey in real estate, which began after a short stint in employment post-college. His career in real estate spans over 24 years, starting with fix-and-flip properties and long-term rentals before transitioning to short-term rentals. This shift occurred accidentally when he bought a second home in 2006 and started renting it out to cover mortgage payments. Noticing the potential of short-term rentals, Shawn went all-in by 2015, fully transitioning his investments from development...2024-06-1347 min
STR Data Lab™ by AirDNAThe Future of Unique Stays: A Deep Dive with Ben WolffIn this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, invites Ben Wolff, co-founder of Onera and Oasi. Ben traces his journey from starting Sensei, an early rental management company, to establishing his own unique vacation rental business. Inspired by his passion for real estate and technology, Ben ventured into the unique stays sector by creating Onera, a high-end treehouse retreat in Texas Hill Country that quickly gained success.Onera cleverly blends the natural environment with luxury, offering an appealing alternative between rustic camping and top-tier hotels. This concept proved especially popular during...2024-06-0637 min
STR Data Lab™ by AirDNAThe Journey of a Short-Term Rental Investor: From Zero to Full-Time IncomeIn this episode of the STR Data Lab, Jamie Lane sits down with vacation rental investor Rohin Dhar to discuss his experience and strategies in the short-term rental market. Rohin discusses his approach to property management, highlighting the importance of creating unique experiences for guests, such as adding hot tubs to his properties to maintain high occupancy rates. He mentions using social media, particularly Twitter, to post interesting houses and connect potential buyers with real estate agents, aiming to move towards facilitating transactions. Rohin is preparing to get licensed in California to legally assist with real estate transactions and...2024-05-3046 min
STR Data Lab™ by AirDNANavigating the Ups and Downs of the Short-Term Rental MarketIn this episode of the STR Data Lab, hosts Jamie Lane and Scott Sage offer an in-depth analysis of the recent dynamics and future outlook of the short-term rental industry. They discuss the prolonged challenges marked by declining RevPAR, noting this recurring trend in 22 of the last 24 months. Despite these challenges, both hosts maintain an optimistic outlook, highlighting the potential for growth and resilience within the market.They pinpoint the main cause of the RevPAR decline as an ongoing imbalance between supply and demand, notably in major urban centers like New York City. Nonetheless, they identify growth...2024-05-2333 min
STR Data Lab™ by AirDNAScaling Vacation Rental Management with Portoro's Dustin AbneyIn this episode of the STR Data Lab podcast, Jamie Lane, Chief Economist at AirDNA, sits down with Dustin Abney, CEO of Portoro, a vacation rental management company. Abney dives into his transition from the real estate SaaS world to vacation rental management, sharing the origins of Portoro.Dustin’s journey began with his early interest in real estate and technology, starting with his experience at Dotloop, which gave him valuable insights into the real estate market. This experience led him to purchase his first vacation rental property and eventually co-found D'Alexander, which adopted a prop co-op mo...2024-05-1638 min
STR Data Lab™ by AirDNAAdvocacy and Innovation: Insights from CanStays Conference with Catherine RatcliffeIn this episode of the STR Data Lab podcast, Jamie Lane, Chief Economist at AirDNA, sits down with Catherine Ratcliffe, CEO of STR Benefits Consulting and Lost Together Stays. They discuss Catherine's role at the recent CanStays Alliance Conference held in Banff, Canada, where she curated content specifically for the Canadian short-term rental industry and facilitated discussions between national and local government officials and industry stakeholders.Catherine reflects on her upbringing in Canada, highlighting the cultural and political landscape that shaped her views. She shares personal stories that led her into the short-term rental industry, emphasizing the...2024-05-0939 min
STR Data Lab™ by AirDNADecoding Airbnb's New Summer Release and Iconic ListingsIn this episode of the STR Data Lab podcast, hosts Jamie Lane and Scott Sage start with a discussion about Jamie's recent trip to the CanStays conference in Banff, Canada. They also hint at an upcoming interview with the event’s organizer, Catherine Radcliffe, promising to reveal exciting insights on the Canadian STR market.Moving on to the main topic, the hosts delve into Airbnb's summer release. They meticulously analyze Airbnb's marketing strategy, particularly focusing on the introduction of iconic properties, which they regard as a strategic move to generate buzz and enhance user engagement. They explore th...2024-05-0331 min
STR Data Lab™ by AirDNASpring Trends and Market Review in the STR Data LabIn this episode of the STR Data Lab podcast, Jamie Lane and Scott Sage discuss various short-term rental (STR) data trends, starting with the notable surge in demand during March, attributed largely to the Easter holiday. This uptick in demand led to increased occupancy rates and revenue per available room (RevPAR), signaling a positive trend for the industry. However, they caution against viewing this as a definitive sign of recovery, pointing out ongoing challenges such as rising interest rates and international travel restrictions. They delve into the complexities of supply growth, noting a moderate increase in available l...2024-04-1832 min
STR Data Lab™ by AirDNAMaximizing Short-Term Rental Returns Through Strategic Amenity InvestmentsIn this episode of the STR Data Lab podcast, hosts Jamie Lane and Scott Sage breakdown some short-term rental data analysis focusing on the impact of amenities on property performance. The episode kicks off with a lively discussion about the significance of the final four and the eclipse, setting the stage for a deep dive into actionable insights for property owners. Jamie shares insights from a recent viral analysis of eclipse data and introduces the concept of actionable analysis, which aims to help property owners enhance the profitability of their units. The hosts discuss the methodology behind t...2024-04-1123 min
STR Data Lab™ by AirDNAMaximizing Real Estate Income Through Short-Term Rentals with Erwan Le RoyIn this episode of the STR Data Lab, Jamie Lane, Chief Economist of AirDNA, interviews Erwan Le Roy, founder and CEO of Cash Flow Street. Erwan shares his journey from tech engineer to vacation rental investor, highlighting his strategy of building passive income through real estate. He emphasizes the importance of identifying markets with favorable regulations for short-term rentals, such as resort or commercial zones, to maximize profitability. Erwan’s portfolio spans six markets, including Maui, Napa Valley, Miami, and Paris. He advises listeners to focus on high-yield properties, utilizing tools like AirDNA's rentalizer for...2024-04-0444 min
STR Data Lab™ by AirDNANavigating the Challenges and Opportunities of Rental Arbitrage in 2024In this new episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, and Scott Sage, VP of Marketing, dive into the hot topic of rental arbitrage in 2024. They reflect on the ups and downs faced by arbitrage businesses, from scaling challenges to the unexpected twists of the COVID-19 pandemic. Despite hurdles like managing cash flow and dealing with variable supply growth, they highlight how some entrepreneurs are still finding success, carving out niches in both the single-family and multifamily markets.Jamie and Scott break down the specifics of rental arbitrage, explaining the concept, its potential...2024-03-2828 min
STR Data Lab™ by AirDNACharting STR Trends: February's Recovery & Eclipse Pacing with Bram GallagherIn this episode of the STR Data Lab podcast, host Jamie Lane welcomes AirDNA’s Economist, Bram Gallagher, to explore February's short-term rental performance dynamics. After a January dip due to a northern cold snap, February showcased a robust 15.6% surge in demand from January's 1.2%, highlighting a strong desire to travel despite the off-season.The discussion highlights how weather conditions influenced rental performance, particularly the challenges faced in key skiing destinations like California and Colorado due to low snowpack in January. Nonetheless, February marked a turnaround, especially in ski markets such as Big Bear, California, which experienced a 16% ye...2024-03-2123 min
STR Data Lab™ by AirDNANavigating Market Dynamics in Hotel and Short-Term Rental InvestmentsIn this episode of STR Data Lab, host Jamie Lane, Chief Economist at AirDNA, sits down with experts Mark Woodworth, Principal at R.M. Woodworth & Associates, and Jack Corgel, Sr. Advisor at CBRE Hotels, to explore the nuanced dynamics of market fluctuations in the lodging industry. They examine the ease of entry into the short-term rental business and compare it to traditional hotel investments, highlighting the significance of alternative use cases and the changing landscape of consumer preferences.Mark and Jack delve into the implications of supply fluctuations, underscoring the importance of understanding market cycles and tailoring...2024-03-1454 min
STR Data Lab™ by AirDNASetting your STR Up for Success: Strategic Purchasing with Jeff Iloulian of HostGPOIn this episode of STR Data Lab, host Jamie Lane, Chief Economist at AirDNA, sits down with Jeff Iloulian, CEO and founder of HostGPO. HostGPO is a members-only platform for vacation rental operators, offering access to discounted rates on essentials such as furniture, linens, mattresses, and various amenities. Jeff shares the inspiration behind HostGPO, spurred by his personal challenges in sourcing high-quality products for his vacation rental properties. The conversation explores HostGPO's target audience, encompassing both property management firms and individual homeowners and recognizes their distinct needs and aspirations.Jeff provides insights into the initial setup of...2024-03-0738 min
STR Data Lab™ by AirDNAThe Art of Profitable Short-Term Rentals with Tyler Coon of Savvy RealtyIn this episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, sits down with Tyler Coon, CEO and founder of Savvy Realty, for a deep dive into the nuances of the short-term rental market. Tyler opens up about his transition from the broader real estate domain to carving a niche in STRs. He shares the strategic journey of identifying prime properties and the critical role of data tools like AirDNA.In a market that's constantly shifting, Tyler emphasizes the essence of agility and innovation to outpace competition. He breaks down how supply growth, occupancy rates...2024-02-2938 min
STR Data Lab™ by AirDNAAirbnb, Expedia, and Vrbo Earnings Report Analysis & January Market ReviewIn this episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, and his co-host Scott Sage, VP of Marketing & Customer Experience, analyze the latest earnings reports from Airbnb and Expedia, offering a detailed analysis of key metrics and trends shaping the short-term rental industry. They start by dissecting Airbnb's performance and comparing AirDNA's estimates with the reported figures for metrics like total nights booked, gross booking value, revenue, and active listing growth. Remarkably, AirDNA's projections closely match Airbnb's disclosed outcomes, highlighting the accuracy of their data insights.Moving on to Expedia's earnings, specifically focusing on...2024-02-2228 min
STR Data Lab™ by AirDNALeveraging Investment Banking Expertise for STR Growth with Michael ChangIn this episode, Jamie Lane, Chief Economist at AirDNA, is joined by Michael Chang, the podcast host of 'STR Like the Best' and co-founder of Trust B&B Vacation Rentals. They delve into Michael’s journey from being an investment banker to establishing a durable business model in the short-term rental industry.Starting with a single unit in New York, Michael's shift to short-term rentals was driven by his desire to balance building a family with his career. Utilizing his background in investment banking and leveraging data from AirDNA, Michael and his wife embarked on their STR ma...2024-02-1539 min
STR Data Lab™ by AirDNAExploring the Best Places to Invest in 2024 with Scott SageIn this special episode, Jamie Lane, Chief Economist at AirDNA, is joined by Scott Sage, AirDNA's VP of Marketing & Customer Experience and the new co-host for the podcast. Together, they discuss AirDNA’s latest report on the “Best Places To Invest For 2024,” revealing the much-anticipated ranking of the top investment markets in the U.S.Scott shares his journey from being an AirDNA customer to leading the company's Marketing and Customer Experience teams. He emphasizes the importance of aligning investment strategies with individual criteria, focusing on affordability, traveler demand, and regulatory risks. Jamie and Scott...2024-02-0837 min
STR Data Lab™ by AirDNADirect Booking Mastery with Mark Simpson: Boostly's Success StoryIn this episode, Jamie Lane, Chief Economist at AirDNA, welcomes Mark Simpson, the founder and CEO of Boostly. Mark shares his journey from growing up on a bed and breakfast farmstay in Scarborough to building Boostly, a comprehensive platform that assists hosts in the short-term rental industry to maximize direct bookings. Reflecting on his early experiences with offline marketing and Boostly's current success with 2,500 customers and 10,000 listings, Mark emphasizes the critical transition from being a hobbyist host to a business owner. He breaks down the stages of growth, offering valuable insights for hosts looking to scale from one property...2024-02-0145 min
STR Data Lab™ by AirDNACharting ALTIDO by Joivy's Blueprint for Success with Will ParryJoin Jamie Lane, AirDNA’s Chief Economist, as he chats with Will Parry, Co-founder and CEO of ALTIDO by Joivy, a leading property management company in Europe. Explore Altido's journey from its beginnings with the London Residence Club to its remarkable expansion and recent acquisition by the Italian residential operator, DoveVivo.Will takes us through the challenges and opportunities faced by Altido during the tumultuous pandemic times. He discusses how Altido navigated the complexities of the short-term rental market, adapted its business model, and managed to not only survive but thrive in the aftermath. From the initial impact on ur...2024-01-2541 min
STR Data Lab™ by AirDNAA Reflection on 2023 and a Look Ahead to 2024 with Bram GallagherIn this edition of the STR Data Lab podcast, Jamie Lane, chief economist at AirDNA, is joined by Bram Gallagher, fellow economist at AirDNA, to discuss the year-end numbers for 2023 in the U.S. short-term rental industry. They analyze the December figures, noting a 4.3% increase in demand compared to the same month last year, with supply growth cooling down to 10.8%. The occupancy rate settled around 49.9%, reflecting a return to pre-COVID levels. The Average Daily Rate slightly improved, signaling pricing adjustments amid changing occupancy.The conversation delves into the supply dynamics in the STR market, exploring the impact...2024-01-1826 min
STR Data Lab™ by AirDNAWelcoming Uplisting to the AirDNA Family: Leveraging Property Management Systems in Short-Term RentalsIn this episode of STR Datalab, Jamie Lane is joined by Demi Horvat, CEO of AirDNA, and Vinny Breslin, founder of Uplisting, as they dive into the exciting news of AirDNA's recent acquisition of Uplisting, marking a significant union of two major players in the short-term rental industry. Vinny shares the journey of Uplisting, from its early days in London to becoming a powerhouse in the Airbnb software space. The discussion covers the challenges faced, milestones achieved, and the pivotal role Uplisting plays in streamlining property management for hosts.Demi sheds light on the strategic rationale behind...2024-01-0935 min
STR Data Lab™ by AirDNAUnraveling Unique Hospitality Niches with Michael GoldenIn Episode 63 of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, is joined by Michael Goldin, co-host of Good Morning Hospitality and an experienced professional in the hospitality industry. Michael shares his journey in the vacation rental industry, from his beginnings at Rented and NoiseAware to his current roles as Co-Founder of Nook and Storied Collection, as well as an advisor to various companies. His focus is on exploring unique hospitality niches.Michael discusses the creation of 'Storied', a co-branded collection of Castle and Manor homes offering luxury retreat experiences. He describes Storied...2024-01-0437 min
STR Data Lab™ by AirDNAHousing Market Outlook and Investment Strategies for 2024 with Dave MeyerIn Episode 62 of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, welcomes Dave Meyer, Vice President of Data and Analytics at BiggerPockets, to share insights on the real estate market outlook for 2024. BiggerPockets is a community of 2.5 million people dedicated to achieving financial freedom through real estate investing, offering tools to track macroeconomic trends and long-term rental data.They take a close look at Dave's Year-End Report, which reviews the real estate market in 2023 and anticipates future trends. They explore the possibility of a recession and its potential effects on the housing market...2023-12-2840 min
STR Data Lab™ by AirDNANavigating the 2024 STR Landscape: Insights from AirDNA's Outlook Report with Bram GallagherIn Episode 61 of STR Data Lab, Jamie Lane sits down with Bram Gallagher, fellow economist at AirDNA, to review this year's performance and forecast the 2024 outlook for the U.S. short-term rental industry.2023 brought challenges for STR operators, with a 4.9% drop in RevPAR — the first annual decline since AirDNA began tracking data in 2014. Yet, the industry saw remarkable milestones, with record-high demand in July and over 1.6 million listings by September. The economic landscape showed resilience, with unemployment remaining below 4% and a trend of declining inflation. However, these positive economic indicators, along with a growth in...2023-12-2132 min
STR Data Lab™ by AirDNAScaling Success in the Vacation Rental Industry with Julie GeorgeIn Episode 60 of STR Data Lab, Jamie Lane welcomes Julie George, a successful vacation rental manager, author, coach, and all-around industry expert. Julie recounts her impressive journey in the short-term rental industry, where she scaled her business from a single property in Cairns, North Queensland, to a portfolio of 130 properties within three years, generating over 8 million dollars on Airbnb. In 2019 she sold her entire portfolio and transitioned her focus to education and mentoring, guiding property managers worldwide in scaling their businesses and navigating unforeseen challenges.Julie shares her unique business approach of relying on...2023-12-1437 min
STR Data Lab™ by AirDNAGrowing Your Vacation Rental Business with Brooke Pfautz from VintoryIn Episode 59 of STR Data Lab, Jamie Lane welcomes Brooke Pfautz, Founder and CEO of Vintory, who brings over 16 years of industry experience. Brooke shares his journey in the vacation rental sector, emphasizing his passion for numbers and metrics. He explains that Vintory focuses exclusively on the supply side, helping property managers in expanding their portfolios. He also discusses the concept of co-hosting and property management, noting that many short-term vacation rental managers began their careers as co-hosts.Jamie and Brooke dive into critical concepts like customer acquisition cost and the lifetime value of...2023-11-3030 min
STR Data Lab™ by AirDNAThe Growth and Future of Cozi Vacation Rentals with CEO Matt DurretteIn Episode 58 of STR Data Lab, Jamie Lane sits down with Matt Durrette, CEO of Cozi Vacation Rentals. They discuss the company's impressive growth, strategies in evolving market conditions, and how they maintain quality amidst rapidly increasing property listings. Starting with just 10 houses in 2020, Cozi has expanded to nearly 350 properties by 2023.Matt reveals the strategy behind Cozi’s swift expansion: a focused approach on a single market. Concentrating on Fredericksburg, TX, and the Hill Country, Cozi developed a 24/7 customer experience team to provide exceptional service. A significant 97% of their bookings are from neighboring cities, hi...2023-11-2339 min
STR Data Lab™ by AirDNABuilding a Property Management Powerhouse with Joe RileyIn episode 57 of STR Data Lab, Jamie Lane sits down with Joe Riley, Founder and CEO of Patriot Family Homes. Joe's journey in property management began during his military service, leading to the unique approach of Patriot Family Homes in meeting the specific accommodation needs of military personnel and other traveling professionals.Patriot Family Homes distinguishes itself from other companies with a focus on 'needs-based' short-term rentals, especially catering to military travel which constitutes more than 50% of their bookings. They offer various stay lengths, from more than 30 days for relocations, 1 to 4-week stays for...2023-11-1638 min
STR Data Lab™ by AirDNAInside the Traveler's Mind: The STR vs. Hotel Experience with Madeline ListJoin Jamie Lane as he sits down with Madeline List, Senior Research Analyst at Phocuswright, for a deep dive into the varied preferences and behaviors of guests at short-term rentals versus hotels. Leveraging Phocuswright's extensive market intelligence in the travel and tourism sector, Madeline offers a detailed comparison of these divergent guest experiences.The conversation unveils that STR guests often don't commit to a single accommodation category, showing a marked difference from the typical hotel guest profile. STR guests tend to be younger and have a higher median income, usually between $75-99k, which...2023-11-0935 min
STR Data Lab™ by AirDNAKeeping Up with Guest Expectations: The Future of Property Management with Jeremy GallIn this episode, Jamie Lane welcomes Jeremy Gall, the Founder and CEO of Breezeway, to discuss the evolving landscape of property management. Jeremy first made waves in 2006 by launching FlipKey, a pioneering house-swapping and vacation rental listing platform. At that time, the idea of using credit cards over checks for vacation home bookings was still under debate.Recognizing a shift toward more service-oriented property management, Jeremy then founded Breezeway to ease the burden on property managers by offering a comprehensive solution for coordinating staff, cleaners, and maintenance across all properties. Breezeway serves as a centralized hub for...2023-10-2637 min
STR Data Lab™ by AirDNACan Airbnb Break or Fix the U.S. Housing Market? A Deep Dive with Taylor MarrIn this episode, Jamie Lane sits down with Taylor Marr, Senior Housing Economist at Airbnb. With eight years of experience at Redfin under his belt, Taylor brings a unique perspective on housing economics and the dynamics that govern long-term markets. Not to mention, he's an avid digital nomad who has called 15 cities home.Taylor dives into some underrated aspects of the housing market that might surprise you. For instance, even though people are moving away from big cities like LA and New York, demand for housing there is actually going up, not down. This is primarily because...2023-10-1949 min
STR Data Lab™ by AirDNACelebrating One Year of STR Data Lab with Paralee WallsIn this milestone episode, Jamie Lane sits down with co-host Paralee Walls, VP of Marketing at AirDNA, to celebrate the first anniversary of STR Data Lab. To celebrate, we've curated a special journey through the top 12 key industry topics that have captivated our audience over the past year.We kick off by revisiting the origins of the podcast, before debunking the widely circulated "Airbnbust" narrative. We also unpack the looming recession talk, and spotlight AirDNA's innovative new products along with the game-changing acquisition of Arrivalist. Our discussion then shifts to landmark events shaping our sector—from the in...2023-10-0530 min
STR Data Lab™ by AirDNAAugust U.S. Market Review with Paralee WallsIn this week's episode, Jamie sits down with Paralee Walls, co-host at STR Data Lab and VP of Marketing for AirDNA. Before diving into the August data, Paralee unpacks her Oktoberfest experience in Munich, which Jamie reveals saw a 30% surge in demand and a 20% increase in ADRs compared to last year.Although August sits squarely in the peak of summer travel, demand didn't sizzle as much as in July. We witnessed another month of declines: RevPAR dipped by 4%, and occupancy fell by 4.2%, reaching 60.4%. This marks the first time since July 2020 that we've dipped below past occupancy levels...2023-09-2820 min
STR Data Lab™ by AirDNAConsistency Within Your Brand with Sean BreunerIn this week's episode, Jamie Lane chats with Sean Breuner, CEO of AvantStay, about what's driving the company's rapid growth and where he sees the short-term rental market going in the next five years.AvantStay is part of a new generation of property management firms that have quickly become big players in the STR scene. Operating in 45 markets and around 120 cities, the company's aim is to bring hotel-level consistency and high-quality experiences to homes across the U.S. One of the challenges with OTAs like Airbnb and VRBO is the inconsistent quality of stays, and AvantStay aims...2023-09-2144 min
STR Data Lab™ by AirDNAUnveiling the All-New AirDNA with Aaron KoppingerIn this week's episode, Jamie Lane sits down with Aaron Koppinger, AirDNA's Director of Product, to tackle one of the biggest challenges in STR investing: finding the right market and property that aligns with your goals. We've listened to your feedback and reimagined AirDNA to be your comprehensive guide in the world of short-term rentals.AirDNA now offers flexible subscription tiers that replace market-based pricing, as well as innovative Market Scores—a numerical rating system that supersedes the old letter grades. These features are designed to offer you nuanced, actionable insights, making AirDNA your one-stop-shop for STR in...2023-09-1429 min
STR Data Lab™ by AirDNASummer Travel Season with Demi HoravtJamie Lane sits back down with Demi Horvat, CEO of AirDNA, this week to talk about AirDNA's acquisition of Arrivalist, the leading provider in Location Intelligence. They also discuss the reoccurring topic of if we're going to see a recession in the back half of 2023. According to the latest economic data, Jamie doesn't see that happening just yet. The US created 209,000 jobs in June, Inflation came in lower than expected at 3%, and the producer price index increased only 1%. Although the FEDs rate hikes seem to be working they discuss the reason why people are still skeptical due to the...2023-07-2038 min
STR Data Lab™ by AirDNAOnboarding Properties At Scale with Ben GrossJamie Lane sits down with Benjamin Gross from Minty Living. They were recently nominated for the Shortyz Award for Urban Property Manager of the year and over the last 3 years they've been able to scale from just 5 properties to now 180. Their company is based out of Atlanta, Georgia where the Film Industry has been growing rapidly and they've been capitalizing on it. We discuss the importance of onboarding properties when trying to scale your company and how Benjamin was able to put the technology in place to help streamline this process. You don't want to miss this episode!2023-07-1349 min
STR Data Lab™ by AirDNAThe AirBNB Collapse with Demi HorvatJamie Lane sits back down with Demi Horvat, CEO of AirDNA, this week who is at the IMN Conference in Austin, TX. She talks about the hot topics of the conference such as the markets resiliency, generative AI, and the different amenities/fee's that guests are talking about. Jamie addresses the viral tweet regarding the potential AirBNB Collapse and gives his perspective on the viral tweet and where he see's the market actually going. You don't want to miss this episode!~~~~Jamie's Tweet:https://twitter.com/jamie_lane/status/1673866745730437121?s=46...2023-07-0627 min
STR Data Lab™ by AirDNAAirDNA's Mid-Year STR Outlook with Demi HorvatJamie Lane sits down with Demi Horvat, CEO of AirDNA, this week to talk about the mid-year short term rental outlook report in the US. We seen another month of strong demand which was up 11.9% which was slightly up from last month, although we did see a dip in supply grown which is down to about 15%. We've also now seen 15 consecutive months of declining occupancy but those are off the record highs of 2023. Inflation has become an issue in the economy which has caused the FED to raise interest rates which has now created a slow down in investments...2023-06-1536 min
STR Data Lab™ by AirDNARegulation, Housing Prices, and the Effects of STRsJamie Lane sits down with Bram Gallagher, a fellow AirDNA economist. With the industry growing larger and larger everyday there's a lot of talk about regulations and what short term rentals bring to our neighborhoods. Bram breaks down the data behind how regulations effect the STR industry, how STR's can effect surrounding housing prices and also what kind of effects they can have on the local economy. You don't want to miss it!~~~~Signup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register 2023-06-0134 min
STR Data Lab™ by AirDNAEarnings Reports, Interest Rates, and the Prioritization of TravelJamie Lane sits down with Mariah Kamei this week to talk about STR trends for April. Based on Q1's earnings travel has proven to be resilient despite the current economic climate and the data shows that consumers continue to prioritize spend on travel over all other things. According to Expedia's earnings we have now doubled Q1 of 2019s booking revenues which were pre-pandemic levels. Despite those numbers we've seen another month of declining occupancy which is now 14 months of declining occupancy YOY. We are seeing demand up 12% on STRs and Travel as well as an increase in listings...2023-05-2533 min
STR Data Lab™ by AirDNACreative Financing In Today's MarketThis week, Jamie Lane sits down with Derrick Barker, Co-Founder & CEO of Nectar to dive into short term rental financing and the origins of Nectar. Nectar was founded with the desire to provide fast, flexible, and non-debt financing to rental property owners and managers looking to scale their rental portfolios. Derrick breaks down some of the portfolio characteristics his company looks for when assessing applicants and dives into some of the ways rental owners have been using their cash advances to expand or improve their real estate portfolios. We learn about Nectar’s capital sources and how Nectar plans to...2023-05-0430 min
STR Data Lab™ by AirDNAExtended Ski Season, Summer Bookings, and More!Jamie Lane sits down with Mariah Kamei this week to talk about US and Europe STR trends for March. March proved to be another month of demand gains with nights booked up 12% YOY and overall nights stayed up 16% YOY, fueled by a strong spring break. Supply increased 20% YOY, a significant slow down from 26% last month with the downward trend expected to continue. Occupancy this summer is expected to be the third highest on record behind 2021 and 2022. With the major supply increases the industry has seen in the past year, STR owners should continue to expect slowing ADR and profit g...2023-04-2725 min
STR Data Lab™ by AirDNARising Markets, Popular Spring Break Destinations, And More!This week, Jamie and Mariah dive deep into the data while keeping things short and sweet. Despite February typically being the weakest month for demand, this past month has seen some interesting trends in the vacation rental industry. With a staggering 13 million nights stayed in February alone, demand was up YoY by 18%. However, occupancy was down YoY by 1.8%, indicating a significant increase in new listings — up 26% YoY. While some of this growth is due to the lengthy process of listing, it is primarily attributed to an influx of second homes that were purchased for remote work during COVID and ar...2023-03-2322 min
STR Data Lab™ by AirDNAThe BEST Places to Invest in Airbnbs in 2023... and Why They May Not be the Best2023 is going to be a crazy year for the housing industry, and we’re ready for the wild ride! We are already in a housing recession, so where to buy a short-term rental is going to vary based on investability, which is what our best places to invest report is based on. You want to use this report to build a baseline. Where are housing prices falling, but demand is still steady–these are the places you want to keep an eye on.Jamie Lane continues to dive deep into what makes a good inve...2023-02-1626 min
STR Data Lab™ by AirDNAAre Luxury Vacation Homes Recession Proof?This week Jamie Lane welcomed Joe Fraiman, the founder of Overmoon, to talk about how he plans to scale his business in 2023. Joe believes that cash flow is the most important thing to look at when you are making an investment decision. They plan to scale their portfolio this year due to the falling costs of homes and also plan to stay in leisure/destination markets. Tune in to see if Joe thinks that luxury vacation homes are recession-proof.~~~~Signup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register...2023-02-0228 min
STR Data Lab™ by AirDNAPredict the Success of Your Airbnb Business with Key Economic IndicatorsToday we're back with Mariah Kamei and Jamie Lane, and they’re diving into the latest economic report and what it means for the future. As we all know, inflation has been a hot topic in the past year, and the latest report shows that it went down by 0.1% MoM. This is the first time we've seen a negative read in a long time, but it's still up 6.5% YoY. The Federal Reserve is closely watching inflation, and this report is a positive sign. If we continue to see this trend, it means inflation will be right where the Fed wa...2023-01-1931 min
STR Data Lab™ by AirDNAUnpacking Major Industry Reports and How they Will Impact the Short-term Rental Market in 2023This is a can’t-miss episode to hear the TLDR on all of the major economic reports that were recently released. Mariah and Jamie provide a detailed analysis of economic reports by Oxford Economics, Moody's, and more. They dive into how they relate to the hospitality industry, specifically short-term rentals. Jamie sees similar trends in other reports from organizations such as CBRE and STR, which gives him confidence in our predictions. Jamie and Mariah then discuss the impact of the real estate market on the hospitality industry. They go on to discuss predictions from CBRE and Redfin, spec...2023-01-1235 min
STR Data Lab™ by AirDNATaylor Jones: How to Find Gaps in the Data and Use Amenities to Stand OutThis week Jamie Lane sits down with the Head of Acquisitions at Techvestor, Taylor Jones, to walk us through the process of acquiring short-term rentals at scale! Taylor tells us how they filter out markets by using the price-to-rent ratio. Taylor then walks us through how they narrow down which properties will perform the best based on where they are in the neighborhood and what amenities they have. Taylor explains that they buy anytime, whether the real estate market is high or low. They plan to buy about 150 properties next year. Techvestor also finished a...2022-12-2928 min
STR Data Lab™ by AirDNAYou Take Revenue to the Bank, not ADRs or OccupancyWhat areas are seeing the highest amount of demand? Two hundred fifty thousand new jobs were added in November; does that mean there is a smaller chance of a recession? Are ADRs going up or down? Are people still buying second homes when the interest rates are this high? This week we answer all these questions and more with Jamie Lane and Mariah Kamei!In November, nights booked increased 13% year-over-year, but this is the weakest reading that we have seen in 5 months. People are still traveling and are looking forward to exploring more hidden...2022-12-2223 min
STR Data Lab™ by AirDNAInsights to Help You Prepare Your Airbnb Business for 2023As 2022 comes to a close, many economic forecasters are predicting at least a mild recession in 2023. Yet data shows that the #vacationrental industry has more cause to stay optimistic than despair. This month, VP of Research Jamie Lane joins VP of Marketing Mariah Kamei to provide data-driven insights to help you prepare your #airbnbbusiness for 2023.Demand in 2023 will continue along a more mature path, further growing by 5.5% year-over-year, and while demand rises, this will cause occupancy to continue to fall. With the rise in interest rates, growth for nights listed will be 9%, less than...2022-12-1523 min
STR Data Lab™ by AirDNAFrom first movers to mainstream, can Airbnb meet guest and host expectations?Jamie Lane, VP of Research, and Mariah Kamei, VP of Marketing, share implications for hosts and guests in the aftermath of many Airbnb updates. In addition to posting really strong Q3 financial reports, with 29% revenue growth year-over-year, the company also shared a slurry of updates in their Winter Release. Airbnb solidified its commitment to growing listing supply by taking short-term rentals into the mainstream. Traditionally the value proposition for STRs has been their Value (compared to hotels), but Airbnb’s “All-in Pricing” update may actually contradict that stance. For example, on average, a 1-bedroom STR in...2022-11-2429 min
STR Data Lab™ by AirDNAJason Fudin: Where is the Future of Real Estate Headed?This week Jamie Lane sits down with the Co-Founder and CEO of Placemakr, Jason Fudin, and they walk through Placemakr’s multiple business models. Placemakr has a future-focused model and a few different strategies on how they plan to get there. From pop-up hotels to short-term rentals to mid-term rentals and more, Placemakr is adapting to the way we have started to live and travel.Jason navigated through COVID, and his business succeeded because they could lean into different strategies and quickly adapt. Is this the future of real estate? Will more competitors join Pl...2022-11-1734 min
STR Data Lab™ by AirDNAMickey Kropf: How to Successfully Operate and Scale an STR Management CompanyThis week Jamie Lane sits down with the Founder and CEO of Vector Travel, Mickey Kropf to unveil how a niche business model has driven so much success! Mickey walks us through the ups and downs of owning and scaling an STR management company. He also explains how you need to be flexible when working with partners in numerous industries, including the student housing industry, multifamily industry, timeshare industry, and more.About Vector Travel:Vector Travel is a full-service short-term rental management company designed to partner directly with the multifamily industry to provide clients with...2022-11-0333 min
STR Data Lab™ by AirDNAUsing Data to See if the AirbnBUST is Really HappeningWe’re here to answer the question everyone is asking, is the AirbnBUST really happening? Are bookings down? What about occupancy? How do hotels and STRs size up to each other? Is revenue management actually important? This month, VP of Research, Jamie Lane joins VP of Marketing, Mariah Kamei to provide data-driven answers to these questions and more. With 26.6% more nights stayed than in the same month in 2019. September was the strongest month for demand growth compared to 2019 levels since the start of the pandemic. Average daily rates also continued to grow, 5.6% YoY. Occupancy only declined 1.2% YoY to...2022-10-2731 min