STR Data Lab™ by AirDNA

In this week’s episode, Jamie sits down with Paul Kromidas, CEO and Co-Founder of Summer. Paul started his journey in the short-term rental industry working on the Lux team at Airbnb, with a mission to introduce luxury short-term rentals into the market. Despite these types of rentals being notorious for generating the lowest occupancy rates in the industry, they saw the most significant increase during the pandemic. With Summer, Paul now assists homeowners in not only finding but also investing in their dream homes, all while maintaining top-tier quality.Summer sets itself apart with its unique business model, which extends beyond just helping you find your perfect home: they offer a spectrum of purchasing options ranging from gradual ownership, to immediate ownership, and even an innovative “try before you buy” method. Going the extra mile, Summer takes care of all design elements, furnishings, and even managing renovations. They assist homeowners in finding their ideal investment properties and, beyond that, they also manage these properties to ensure a high-end stay for their guests.In our deep dive, we explore Paul's aspirations to help individuals break into this industry and his dedication to maintaining the quality of vacation stays.You don’t want to miss this episode!~~~~Connect with Paul:www.gosummer.com https://www.instagram.com/startsummering/https://www.facebook.com/startsummering~~~~Signup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register ~~~~Connect with Jamie on LinkedIn and Twitter: LinkedIn: https://www.linkedin.com/in/jamiehlane/ Twitter: https://twitter.com/Jamie_Lane ~~~~Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:LinkedIn: https://www.linkedin.com/company/airdna/  Twitter: https://twitter.com/airdna TikTok: https://www.tiktok.com/@airdna.co Instagram: https://instagram.com/airdna.co ~~~~Find AirDNA at these upcoming events! https://www.airdna.co/events-airdna Episode 43

This week, Jamie sits down with Avery Carl, CEO and founder of The Short Term Shop. Like many others, Avery stumbled into this industry after owning a long-term rental in Nashville and a short-term rental in the Smokies. Over time, people began to ask her about her rentals, and things organically grew into what is now known as The Short Term Shop. Avery’s real estate agency, operating under EXP, boasts a team of 70 agents across 19 vacation rental markets.In today’s uncertain market, Avery says she sees a lot of ‘shadow demand’ for properties: people have cash on hand and are waiting for a shift in interest rates or purchase prices before making a move. She states that prices are decreasing, but not significantly, because of this. In the episode, we discuss what it takes to own a top-tier property in today’s market and the key factors to consider when investing. Avery also deconstructs her famous "Enemy Method" and explains why it is beneficial to adopt this strategy when investing in a short-term rental.You don’t want to miss this episode! ~~~~Connect with Avery:Strquestions.comTheShortTermShop.com~~~~Signup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register ~~~~Connect with Jamie on LinkedIn and Twitter: LinkedIn: https://www.linkedin.com/in/jamiehlane/ Twitter: https://twitter.com/Jamie_Lane  ~~~~Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:LinkedIn: https://www.linkedin.com/company/airdna/  Twitter: https://twitter.com/airdna TikTok: https://www.tiktok.com/@airdna.co Instagram: https://instagram.com/airdna.co ~~~~Find AirDNA at these upcoming events! https://www.airdna.co/events-airdna Episode 42

Jamie 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 lag that these rate hikes could have on the economy. On top of that, they also discus the overall industry outlook and where it looks like things are headed. We had another strong month for booking activity, we saw nights booked go up by 25%, we saw another month of declining occupancy although it's only down 1.1% year over year, and then we also saw a weakness in ADRs which is up just over 1%. As we enter the second half of the year there's a lot of things to look out for! You don't want to miss this episode!~~~~Signup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register ~~~~Connect with Jamie on LinkedIn and Twitter: LinkedIn: https://www.linkedin.com/in/jamiehlane/ Twitter: https://twitter.com/Jamie_Lane  ~~~~Connect with Mariah on LinkedIn:LinkedIn: https://www.linkedin.com/in/mariah-ka... ~~~~Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:LinkedIn: https://www.linkedin.com/company/airdna/  Twitter: https://twitter.com/airdna TikTok: https://www.tiktok.com/@airdna.co Instagram: https://instagram.com/airdna.co ~~~~Find AirDNA at these upcoming events! https://www.airdna.co/events-airdna Episode 41

Jamie 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!https://www.book.mintyliving.com/~~~~Signup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register ~~~~Connect with Jamie on LinkedIn and Twitter: LinkedIn: https://www.linkedin.com/in/jamiehlane/ Twitter: https://twitter.com/Jamie_Lane  ~~~~Connect with Mariah on LinkedIn:LinkedIn: https://www.linkedin.com/in/mariah-ka... ~~~~Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:LinkedIn: https://www.linkedin.com/company/airdna/  Twitter: https://twitter.com/airdna TikTok: https://www.tiktok.com/@airdna.co Instagram: https://instagram.com/airdna.co ~~~~Find AirDNA at these upcoming events! https://www.airdna.co/events-airdna Episode 40

Jamie 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&t=zbvvyU4PoVugue7tlhP4Lw~~~~Signup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register ~~~~Connect with Jamie on LinkedIn and Twitter: LinkedIn: https://www.linkedin.com/in/jamiehlane/ Twitter: https://twitter.com/Jamie_Lane  ~~~~Connect with Mariah on LinkedIn:LinkedIn: https://www.linkedin.com/in/mariah-ka... ~~~~Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:LinkedIn: https://www.linkedin.com/company/airdna/  Twitter: https://twitter.com/airdna TikTok: https://www.tiktok.com/@airdna.co Instagram: https://instagram.com/airdna.co ~~~~Find AirDNA at these upcoming events! https://www.airdna.co/events-airdna Episode 39

On today's episode we sit down with Carolyne Beaulne, the host of That Realtor Investor Show. She got her start investing out in Joshua Tree, California. With the town having over 3 million visitors every year, Carolyne saw this national park to be her ideal spot to start her STR journey. In 2022 she was able to get 89% occupancy compared to the average of 61%. She looks to duplicate her model in multiple National Park markets around the country. She prides her success off of being resourceful for the guests and having a timely response to anything that may come up during their stay. You don't want to miss this episode!Connect with Carolyne:https://www.instagram.com/thatrealtorinvestor/?hl=enhttps://www.youtube.com/channel/UCPHUKrB8U0lOWw4wkbjcOpQhttps://twitter.com/carolynebeaulne?lang=enSignup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:LinkedIn: https://www.linkedin.com/company/airdna/ Twitter: https://twitter.com/airdna TikTok: https://www.tiktok.com/@airdna.co Instagram: https://instagram.com/airdna.co Episode 38

Michael is the host of the Short Term Rental Secrets Podcast and founder of the Short Term Rental Secrets Mastermind, a mentorship and mastermind program that helps investors launch, automate and scale their short-term rental portfolios. Michael and his wife Krysten founded Occupied, a national short-term rental investment and management company in 2017, as a vehicle to build passive income so they could stop trading away time from family for a paycheck. That vision came to fruition within 18 months when their short-term rental portfolio replaced their income and Krysten and Michael both left their corporate jobs. They are based out of Boston, MA, and currently have a portfolio of 100 short-term rental units across five states including 3 boutique hotels on Boston’s north shore.https://strwealthconference.com/https://www.strsecrets.com/bloghttps://www.instagram.com/the_airbnbguy/?hl=en

Jamie 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 into short term rentals. With the mixed bag of news around the industry demand remains strong.~~~~Skift Youtube Channel:https://www.youtube.com/watch?v=W5tdJeSuafU&list=PL0x2YrE2GNe7TBJ9QuNvg37jXNG6NA64O&index=10AirDNA Mid-Year Outlook:https://www.airdna.co/2023-us-mid-year-short-term-rental-outlook-report~~~~Signup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register ~~~~Connect with Jamie on LinkedIn and Twitter: LinkedIn: https://www.linkedin.com/in/jamiehlane/ Twitter: https://twitter.com/Jamie_Lane  ~~~~Connect with Mariah on LinkedIn:LinkedIn: https://www.linkedin.com/in/mariah-ka... ~~~~Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:LinkedIn: https://www.linkedin.com/company/airdna/  Twitter: https://twitter.com/airdna TikTok: https://www.tiktok.com/@airdna.co Instagram: https://instagram.com/airdna.co ~~~~Find AirDNA at these upcoming events! https://www.airdna.co/events-airdna Episode 36

When she’s not busy running day to day operations at Roami (formerly Sextant) as their COO, Brandy is co-hosting the Good Morning Hospitality podcast. With no road map or rules to follow, Brandy helped grow Roami from a bootstrapped group with a few employees to a well-run organization that came out of the pandemic with 800% growth. Her experience leading a startup in an unpredictable industry has made me adaptable and capable of taking on a constant stream of challenges with a positive attitude. Brandy is also featured in the Forbes 30 Under 30 list.https://www.roami.com/https://www.linkedin.com/in/brandrethcanaley/https://hospitality.fm/show/good-morning-hospitality/~~~~Signup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register ~~~~Connect with Jamie on LinkedIn and Twitter: LinkedIn: https://www.linkedin.com/in/jamiehlane/ Twitter: https://twitter.com/Jamie_Lane  ~~~~Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:LinkedIn: https://www.linkedin.com/company/airdna/  Twitter: https://twitter.com/airdna TikTok: https://www.tiktok.com/@airdna.co Instagram: https://instagram.com/airdna.co ~~~~Find AirDNA at these upcoming events! https://www.airdna.co/events-airdna Episode 35

Jamie 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 ~~~~Connect with Jamie on LinkedIn and Twitter: LinkedIn: https://www.linkedin.com/in/jamiehlane/ Twitter: https://twitter.com/Jamie_Lane  ~~~~Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:LinkedIn: https://www.linkedin.com/company/airdna/  Twitter: https://twitter.com/airdna TikTok: https://www.tiktok.com/@airdna.co Instagram: https://instagram.com/airdna.co ~~~~Find AirDNA at these upcoming events! https://www.airdna.co/events-airdna Episode 34