Airbnb Data Test To Make Sure Our Property Works For Airbnb
Through some digging around, Airdna says our Airbnb market averages 47% occupancy rate with $1,250 revenue.
I find this hard to believe given the area is 20 minutes or less from the airport, large homes, great neighborhoods, great food nearby.
How trustworthy is Airdna when looking at theoretical comps?
The competitors in the market do not seem to be doing well since all of their pictures are taken from their phones, and the beds look like they are from 1873. We are confident that we can really make some moves here. But confidence does so much when we get down to it. How do I know that this market has a lot of opportunity? Or likewise, one to stay away from?