Global coverage
Airbnb listing level performance data
Historical data starts from 2021
Upto daily granularity
Best fit for real estate investors, property managers, lenders, tourism organizations, and hedge funds
TechVestor is a short-term rental investment fund. They receive Airbnb performance data of various markets in the US on a monthly basis to do analysis on each markets. It helps them to stay ahead in the market by knowing the trends fast. For example, they may find out the top Airbnb listings in a market X have hot-tub using our data.
PropR is a data-driven short-term rental management company based in South Africa, and also expanding into Dubai and European markets with over 400 listings. They receive our Airbnb pricing data on a weekly basis to feed their custom pricing algorithm. Result? It works better than any other dynamic pricing tool in the market because all short-term rentals are unique. They don’t leave a single dime on the table when it comes to setting nightly rates!
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data's accuracy.
In addition to this, we make predictions based on Airbnb's total revenue and it is 97% correlated with Airbnb's official statement.
An algorithm will classify whether a listing was active or not during the month. We look into three different sources, namely:
1. Calendar pattern;
2. Whether a review was generated close to the month or not; and
3. Listing information.
A listing can be determined entirely available or not.
Revenue is calculated using the following equation:
revenue = (reservation_days * adr) + (cleaning_fees*number_of_reservation)
On a side note, if we don't have the information about the number of monthly reservations, we assume it to be 1.
When calculating the occupancy rate, we take a few things into consideration:
1. Calendar scraped data (mostly on a weekly basis)
2. Assume last-minute booking
3. The inactivity algorithm can affect this too
If we determine an inactive listing, the occupancy rate will be 0.
The Investment Dashboard is updated every month. While the Pricing/CompSet Dashboard is updated every Wednesdays.
Airbtics' primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
Data Points
Airbnb, Booking.com, VRBO, TripAdvisor
Data updates
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