Updated 7 months ago on . Most recent reply
Data for STR
Hello! What website does everyone use to analyze STR data and market?
I used Rabbu at first and paid for AirDNA. However, I have noticed some data on AirDNA is incorrect.
For example, it says a house has a 70% occupancy rate but is only booked for 2 nights. The estimated revenue based on the ADV and occupancy rate is also off.
When I go to AirROI, it says the same house has a 12% occupancy rate, which seems more accurate based on the number of nights booked.
Thank you!
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#1 Contractors Contributor
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- West Valley Phoenix
If you want real and accurate info, you need to do it yourself. All of the algorithms are simply guessing based on the info that they are programmed with.
So figure out what parameters you are searching for.....location/amenities/BR/BA/etc.....then go to the hosting sites like VRBO and ABnB and search for similar properties. See what prices they are asking, how booked they are during different times of the year, and so on.
This is the only way you can get specifically relevant information to help you in your search....