STR Data Lab™ by AirDNA

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 Placemakr on their journey to blur the lines between hospitality and home?About PlacemakrWhether you’re with us for a day or a year, staying in a pop-up hotel or an apartment, Placemakr is blurring the lines between hospitality and home. With convenient tech, hotel amenities, and plenty more, it’s a whole new way to stay.~~~~Check out Placemakr: LinkedIn: https://www.linkedin.com/company/placemakr/ Instagram: https://www.instagram.com/placemakr/ Website: https://www.placemakr.com/~~~~Potato and Egg Quote: “The same boiling water that softens the potato hardens the egg. It's about what you're made of, not the circumstances.”~~~~Connect with Jason on LinkedIn: https://www.linkedin.com/in/jason-fudin-16613ba/~~~~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/airdnaTikTok: https://www.tiktok.com/@airdna.coInstagram: https://instagram.com/airdna.coEpisode 7

From college to working in tech to then pivoting to real estate, Jonathan’s STR journey has been a wild one, and after this episode, you’ll want to dive head-first into starting your first short-term rental (STR) too.Jonathan Farber joins us this week to dive deeper into what it takes to own, scale, and improve your STR business. This week you will learn how he started his business, how he was able to quit his 9-5, how to hire virtual assistants, and so much more. He also talks about how it is key to higher help earlier on if you want to scale your business faster. Jonathan gives us the inside scoop on house hacking and how it could benefit people at any age. He may also give you tips on how to decide if certain real estate investments actually make money or not. Connect with Jonathan: TikTok: https://www.tiktok.com/@jonjfarbInstagram: https://www.instagram.com/jonjfarb/Website: https://jonfarber.co/ Connect with Mariah on LinkedIn:LinkedIn: https://www.linkedin.com/in/mariah-kamei/ 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 6

This 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 a new source of NOI while solving vacancy loss. Vector Travel utilizes proprietary revenue management strategies to generate maximum returns across all major travel platforms and shares the majority of rental income with its clients.~~~~Check out Vector Travel: LinkedIn: https://www.linkedin.com/company/vectortravel/Website: https://vectorstays.com/~~~~Connect with Mickey on LinkedIn: LinkedIn: https://www.linkedin.com/in/mickey-kropf-a259507/~~~~Connect with Jamie on LinkedIn and Twitter: LinkedIn: https://www.linkedin.com/in/jamiehlane/  Twitter: https://twitter.com/Jamie_LaneEpisode 5

We’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 58.1% but is up +11.1% vs. 2019. And available listings reached 1.38 million – up 23.2% YoY and +8.7% vs. 2019. ~~~~Read the Full US Market Review: https://www.airdna.co/blog/airdna-market-review-us-september-2022?utm_source=podcast&utm_medium=social&utm_campaign=MarketReview_V8~~~~Read the Europe Market Review: https://www.airdna.co/blog/airdna-market-review-europe-september-2022?utm_source=podcast&utm_medium=social&utm_campaign=MarketReview_V8~~~~Read “How to Finance Your Vacation Rental: A Step-by-Step Guide”: https://www.airdna.co/blog/how-to-finance-your-vacation-rental?utm_source=podcast&utm_medium=social&utm_campaign=MarketReview_V8~~~~Read the BuzzFeed Article: https://www.buzzfeed.com/alexalisitza/airbnb-bookings-down-twitter-reacts ~~~~Read about the Consumer Pricing Index: https://www.bls.gov/news.release/cpi.nr0.htm ~~~~What We’re Listening To:On with Kara Swisher: https://open.spotify.com/episode/0d1YiwardUKhMRIbMz8xip Sarah and T: https://sarahandt.com/ ~~~~Jamie’s Semi-Viral Tweet: https://twitter.com/Jamie_Lane/status/1582715590753779712 ~~~~Learn about the Book Direct Show: https://bookdirect.show/~~~~“Jump the Shark”phrase of jumpINFORMALreach a point at which far-fetched events are included merely for the sake of novelty, indicative of a decline in quality.~~~~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-kamei/ ~~~~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 4

From owning, to arbitraging, to co-hosting, he has dabbled in it all. On this week’s episode, Mariah sits down with our first guest, Braydon Ross, to talk about what it takes to start your very own short-term rental business. Braydon started his career by going to University and quickly realized that path wasn’t for him. He saved up to buy his first investment property and quickly realized how expensive operating and owning can be. That led him to Airbnb arbitrage! Braydon gave us very candid moments from his early days of Airbnb operation, showing us the failures he had that allowed him to learn, grow, and be successful in this business. He explains what Airbnb co-hosting it is, how you can get started, and how it differs from property management. He also shows us that there really is a low barrier to entry, and anyone can start you just have to know the proper steps to take. Along the way, Braydon offers practical advice and lots of inspiration for innovation in the industry! Connect with Braydon, aka Mr. Airbnb, on Instagram: https://www.instagram.com/mrairbnb/Huge thank you to our podcast producers at hospitality.fm!

If we go into a recession, will it be as bad as prior ones? Will the hospitality industry take a hit? Should you be investing in real estate right now? Is the latest news from the Federal Reserve keeping you up at night? You’re not alone. In our first-ever episode of the STR Data Lab, Mariah Kamei and Jamie Lane discuss what past recessions can tell us about the current economic market.This episode covers these burning questions from two perspectives–travel demand and housing prices. In previous recessions (2001 and 2008), the consumer was more likely to stray away from travel, but at the moment, this seems unlikely to happen. And luckily, the short-term rental industry offers a wide variety of accommodation types and price points to match the wallet size of many travelers.Additionally, a shift in the housing market will create some opportunities. Over the past three years, we have watched housing prices increase by 42%. With the potential price decline, you may just be able to find a long-term investment in your price range. Huge thank you to our podcast producers at hospitality.fm!Episode 2

Welcome to the STR Data Lab by AirDNA!Whether you're on your first property or your 100th, you need the right market data to start and scale your short-term rental business. Enter travel economist and data gangster Jamie Lane and his sidekick Mariah Kamei. Tune in to get the real story and trusted insights behind the numbers driving this multi-billion dollar industry.