Investor · Roseville, CA · Member since 2016 · 893 posts · 1k+ votes
AirDNA announced this month that it has finally partnered with HomeAway and added 1.5M new properties to their dataset. One of my biggest issues in the past with AirDNA was the fact that it was solely comprised of Airbnb data which wasn't relevant to my particular market at the time. With this addition I believe AirDNA is really separating themselves from the pack (albeit a small pack) in the STR data space. Just thought I would share in case you hadn't heard. ;)
I saw that eamil. I also notice that the sample market they listed in the email shows Homeaway has 48% of market share, Airbnb has 31% and there was an overlap of 21%.
I saw that eamil. I also notice that the sample market they listed in the email shows Homeaway has 48% of market share, Airbnb has 31% and there was an overlap of 21%.
I've always liked what they've developed and this is indeed a good addition. One of the remaining challenges I view as "big data". How I define this is "how do I limit my data source for like-4-like properties?" Can AI compare photo's, Location, other differentiation's? No two properties are the same and as I swim upstream, these become more and more important.
Great point @Michael Greenberg, I think that is definitely the next gen on this type of data. HouseCanary is doing something along these lines with their AVM model currently, it will be interesting to see if AirDNA can follow suit...the pictures and amenity meta-data is all there to at least give it a swipe right?! : )
@John Underwood I also found some of the market share data interesting (slightly confusing actually).
Indeed @Jon Crosby, HouseCanary's concept is right in-line with this dev path. After 6 months with VRBO/HA MarketMaker, my personal experience has been "mixed" and I find myself ignoring their recommended pricing, only to get booked anyway. I know you've been a big fan @John Underwood, still hold true for you?
Indeed @Jon Crosby, HouseCanary's concept is right in-line with this dev path. After 6 months with VRBO/HA MarketMaker, my personal experience has been "mixed" and I find myself ignoring their recommended pricing, only to get booked anyway. I know you've been a big fan @John Underwood, still hold true for you?
HA has been improving market maker and I love it. You can even adjust your pricing based on rental demand on this same screen.
I recently purchased a raw data sent and due to a few bugs in their system I was sent both the "airbnb only" dataset as as well as the "Airbnb + HA" dataset. There are obviously a large number of properties that are listed on both Airbnb and HA, and these properties we're included in both data sets. I was surprised and disappointed to see that all of the numbers for these properties (occupancy, average daily rate, etc.) were identical in both datasets. After a long back and forth with their customer service agents the conclusion was that including HA data really just means "including properties that are only listed on HA and not on Airbnb"
I was further frustrated as the price quoted for the same zip code increased notably after the inclusion of the HA properties, but in this particular market those additional properties didn't provide any useful data.
As a numbers guy I still find their raw data sets to be quite useful, their wording just feels disingenuous to me. There is an important distinction here that accuracy of dual listed properties has not changed, it's only an increase in the number of properties provided in the dataset. This is a big win for some markets, but not much of a change for others.
I checked my own properties on airdna and found they have the VRBO and Airbnb listings as separate properties. It makes me wary of the accuracy until they nail that down.
Hi @Account Closed, thanks for the info on SeeTransparent! The standard HomeAway API merely gives you access to your own listings or those you manage (or those that have given you access), at least last time I checked it which was last year. I'm pretty sure to be given access to all the listings is beyond the standard developer API access. That being said, "partnership" may not still be the right term for how they are acquiring the data from them so thank's for keeping me me honest. ;)
Daria, welcome to the forum! Correct me if this is misinformation, but Seetransparent only shows info on properties that are managed by major management companies like Evolve and Turnkey. I did a demo with them a few days ago and the rep told me that if an owner/manager has less than 5 properties posted, their data isn’t counted. Tons of owners/self managers have less than 5 properties posted, so that’s a huge hole in the data.