STR Data Lab™ by AirDNA

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

Jamie 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. With the mixed bag of news around the industry demand remains strong.~~~~Read the March Market Reviews: US: https://www.airdna.co/blog/airdna-market-review-us-april-2023Europe: https://www.airdna.co/blog/airdna-market-review-europe-april-2023~~~~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 33

“Where to invest?” is a common question we hear from investors—and for good reason. But when and why should I invest are just as important. Because markets and traveler trends are always changing, which can lead to lots of inaccurate guesswork.Our latest report explores where people are actually buying or thinking of buying a short-term rental. The report complements our Best Places to Invest Report [link https://www.airdna.co/blog/best-places-to-invest-in-us-vacation-rentals-2023] which focused more on places that were the most profitable destinations for investment. This new report uses data from AirDNA’s Rentalizer tool [link to https://www.airdna.co/airbnb-calculator] which calculates the revenue potential of any property in any market. Similar to other real estate estimates it relies on comparable STR listings to make estimates on any property in the world. Jamie Lane shared insights into the methodology and how customers can ensure the get the most accurate estimate possible. Rentalizer searchers are a good indicator of which markets and destinations are the most popular for STR investment. AirDNA relies on first-party data, along with partner and sourced data, to power its intelligence platform and custom reports. First-party data is data collected by a company from its own customers, while third-party data is data collected by external parties.Discrepancies in Rentalizer results can be caused when the comparable property set has high covariance. Covariance measures how two variables change together. A high covariance means that two variables tend to increase or decrease together, while a low covariance means that they tend to vary independently.AirDNA recently released a new Ranked Series where we explore the topic of where to invest from multiple angles. See our first ins lament here [link to https://www.airdna.co/blog/ranked-by-airdna-cabins-apartments-beach-houses] Reach out to AirDNA with suggestions or questions anytime! 

Short Term Rentals In Indiana?! On today's episode we sit down with Kirby J Atwell who went from serving in the Army to owning and managing Short Term Rentals. Kirby talks about why he prefers buying houses in Utilitarian Markets vs. the more Commercial/High End Properties in popular markets. He also discusses why it's important to focus on design of your property and how it'll pay dividends down the road. You don't want to miss this episode!

This 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 continue supporting sub-institutional rental owners and operators with better analytics, tools, and financing products into the future. ~~~~Learn more about Nectar:https://www.usenectar.com/ ~~~~Connect with Derrick on LinkedIn: https://www.linkedin.com/in/derrick-barker-3b1590a ~~~~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

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 growth. Record snowfall in the US has extended the ski season for many western ski areas through the end of April. Europe continues to see stronger demand growth than the US as travel continues to rebound from the pandemic.~~~~Read the March Market Reviews: US: https://www.airdna.co/blog/airdna-market-review-us-march-2023 Europe: https://www.airdna.co/blog/airdna-market-review-europe-march-2023 ~~~~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 29

John Hildebrand and Mariah Kamei sat down to talk about the joys and challenges of operating short-term rentals. John is a seasoned owner and property manager who first started by renting out a room in his Malibu apartment to help pay his rent. As a kid, John moved frequently which fostered a love for real estate. His life experiences and that first shared-room listing launched a small management empire in Arizona. John is a self-professed real estate and STR addict who loves converting a new property into a special experience for his guests. He is the founder of Hildehomes.John also shared his journey to advocacy through working with Rent Responsibly. He found his voice and is now in the public forum to ensure the STR industry can thrive. He leads the largest 501c coalition in the state and helps many cities stay ahead of regulation. He encourages everyone to get involved in advocacy by donating money or time and opening a dialogue in their neighborhood.We also talked about how we’re in an industry correction where hosts who give 120% to their properties and focus on customer service and design will thrive. John’s advice is to use data to figure out what you can do differently and take back control of your listings and investment strategy.Signup for MarketMinder for FREE👇https://www.airdna.co/vacation-rental-data/app/register Connect with John:https://johnhildebrand.cohttps://www.instagram.com/johnhildebrandsicky/?hl=enBook with Hildehomes:https://hildehomes.comConnect with Mariah:LinkedIn: https://www.linkedin.com/in/mariah-kamei/ Explore Rent Responsibly, Boostly, and SuperHog here:https://www.rentresponsibly.orghttps://boostly.co.ukhttps://superhog.comConnect 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 28