fbpx
Categories
All About Airbnb Alternatives & Reviews

How accurate is AirDNA? I tried it for a month.

benoit-properties-portfolio

How accurate is AirDNA? I tried it for a month.

I first used AirDNA back in 2019 to find the most profitable London boroughs for my Airbnb Arbitrage business.  

I first used AirDNA back in 2019 to find the most profitable London boroughs for my Airbnb Arbitrage business. I decided to purchase their expensive subscription, which was over $200 (I think). Before going further, this is just my personal story about my experience with AirDNA, its data accuracy, and why I built Airbtics.

 

I was skeptical about their data accuracy, so I asked a few Airbnb host friends if their income matched what’s shown on AirDNA’s Rentalizer. I got mixed results. Half said it’s similar, and half said it’s far.

My job back then was a software developer at WhatsApp, so as a developer, I started to dig into how they collected the data. By reading their pages, I can tell that they 1) scrape from Airbnb listings and 2) get booking data directly from hosts who have agreed to give them the data. That’s cool.

Then, my question was, if they scrape the data from Airbnb calendars, how can they tell if a listing was booked by a guest or blocked by a host? Because I played with Airbnb’s API, and they do not show whether a night is booked by a guest or blocked by a host. It just shows it as “blocked”. AirDNA says that Airbnb used to show this information back in 2014, and they took advantage of that and built a classifier. That’s interesting.

So, here’s a small tip.

Verify your data using ENEMY method

Along with the calculator, you can also use the ENEMY method to ensure you estimate the accurate amount of revenue. The ENEMY method simply means going to the Airbnb site to find 5-10 listings that are most similar to the house you want to list on Airbnb. Then, check how many days are booked in the next 6-8 weeks. Also, check how many reviews on average they get every month. Compile them on an Excel sheet. You may see some interesting patterns.

Anyway, thanks to AirDNA, I realized Airbnb Arbitrage won’t be that profitable in London. That is lucky to me because the Covid hit hard a few months after I made this conclusion.

My thoughts on AirDNA’s rentalizer

I’ve had a few difficulties using AirDNA. One is that they do not have some markets in Asia and South America where I was interested in buying an investment property. Another problem is their submarket boundary definition. On some occasions, two areas in a submarket have a completely different average occupancy rate. A common example is that, in beach town, properties that are right by the ocean have a higher occupancy than the ones that are located inland. Also, I was not convinced about their approach to data accuracy.

So, I built Airbtics, which is an alternative to AirDNA. It has a tailored region feature where you can draw a shape in any markets to get short-term rental data. It has dynamic data updating feature which you can see the Airbnb statistics of the exact micro area you see on the map. Finally, I’ve improved data accuracy of Airbnb occupancy rate data by following method: By labeling the millions of “review” data. Basically, if a series of blocked nights on Airbnb calendar generates a review in the future, we can label those nights as “confirmed booked”. By doing this, our data accuracy improved by 98%, and we were able to score some deals with big-name hedge funds.

Categories
Alternatives & Reviews

AirDNA Review: Is AirDNA Worth it in 2024?

A balanced AirDNA review highlighting the platform’s strengths and areas for improvement. Find out also what actual users have to say, both the good and the bad.

AirDNA Review: Is AirDNA Worth it in 2024?

airdna review

AirDNA Review: Is AirDNA Worth it in 2024?

A balanced AirDNA review highlighting the platform’s strengths and areas for improvement. Find out also what actual users have to say, both the good and the bad.

AirDNA Review: Is AirDNA Worth it in 2024?

Airbnb analytics is a relatively young but incredibly influential tool. In less than a decade, it has made success possible for a lot of Airbnb investors. This exciting tool was introduced when AirDNA came to the scene in 2015.  With little to no competition, it seemed then that it was the only one you got. And an AirDNA review was hard to find. 

Fast forward to today, AirDNA remains the most popular Airbnb analytics tool with the biggest market share. But does it still hold up in 2024? In this article, we will put this to the test.

Why Are We Eligible to Write an AirDNA Review?

Our team has been deeply immersed in the world of short-term rentals since 2020. During this time, we’ve been on a mission to uncover the hottest Airbnb destinations, using the power of short-term rental analytics to guide us. We have tried multiple and closely followed different STR analytics tools, allowing us to understand each strengths and areas for improvement.

In this article, our goal is to give you an honest and thorough look at the AirDNA platform. Our approach is all about being fair and detailed, drawing from our industry knowledge. Plus, we’ll also share some AirDNA reviews from the actual users, highlighting what they love about the platform and addressing any concerns they’ve voiced. It’s our way of helping you make an informed decision about whether AirDNA is the right fit for your needs.

What is AirDNA?

AirDNA was founded in 2014 by Scott and Will Shatford. Headquartered in Denver, the company’s initial focus was on providing data analytics and insights related to Airbnb and Vrbo listings. Over time, AirDNA gained popularity among short-term rental hosts and investors, offering valuable tools and market data to help users enhance the profitability of their rental properties.

Initially, their emphasis was placed on showcasing two primary products: Market Minder and Investment Explorer (no longer available). Over the years, they also added their very own Airbnb calculator called AirDNA Rentalizer.  However, their core focus has now shifted exclusively towards Market Minder and catering to Enterprise clients. In March 2022, Alpine investors acquired AirDNA.

They made a huge update to their product in October 2023. Users can now subscribe to the annual plan only. They’ve acquired Arrivalist (location intelligence platform) and Uplisting (vacation rental management software) in 2024. 

Where Does AirDNA Get Its Data?

According to the company disclosure, AirDna scrapes or collects data on over 10 million Airbnb and Vrbo rentals in over 120,000 international markets. They say that scraping Airbnb data from a host of servers is legal, and we second that. 

In addition to this, AirDNA also partners with channel managers, hosts, and property management systems to diversify its sample size. This partnership sources data from an additional 1.1 million properties worldwide. 

While this is the case, AirDNA updates its rental database every first week of the month. Sure, AirDNA scrapes STR data daily. But it is not presented in real time. This means that the freshest that you can get was from the previous month, and AirDNA only updates its database 12 times a year. In comparison to other AirDNA alternatives, they have a much longer timeline.

Is AirDNA Data Accurate?

Since we’re talking about rental analytics, accuracy matters a lot. After all, you’re paying for the information that will greatly impact your financial security. So, is AirDNA accurate? 

According to AirDNA’s claims on its website, it boasts an impressive 94.9% accuracy when matching its data with Airbnb. It has an even higher 98.7% accuracy when compared to Vrbo’s data. These statistics may appear reassuring on the surface, suggesting a high level of data fidelity.

AirDNA qualifies its claim by stating that its data has the smallest margin of error when compared to Airbnb and Vrbo’s SEC financial filings. Despite the unavoidable margin of error in any data analysis, I’d still say that AirDNA’s accuracy is impressive in this context.

However, it’s essential to delve deeper into what these accuracy figures truly mean. AirDNA may be accurate for city-specific data. But later you will learn about the quality of their neighborhood-level data, which matters more to most investors. 

While Airbnb is a regulated industry, Airbnb rental analytics are not. This means that there is no regulatory body that audits the quality of STR data sold by different companies. 

AirDNA Reddit thread, some users seem satisfied with the AirDNA data. It’s important to note that their accuracy can be seen as a good starting point, providing a close estimate. 

airdna review

Many consider Airbnb to be a combination of both art and science. AirDNA primarily offers the scientific, data-driven aspect in a simplified manner. So, while AirDNA’s data serves as a valuable scientific foundation, fine-tuning your rental, Airbnb listing, and hosting will still help you achieve optimal earnings.

airdna review

AirDNA’s Notable Features

In this part, we will discuss the main selling points of AirDNA, particularly:

  • MarketMinder
  • AirDNA Rentalizer
  • Smart Rates

As promised, we will be balanced in talking about AirDNA features. We’ll shed light on both their strengths and areas where improvement may be needed. Additionally, we’ll take a step further by incorporating AirDNA Reviews from the actual users who have voiced their experiences across various online platforms. This approach ensures that you get a comprehensive understanding of AirDNA’s capabilities and its impact on users.

AirDNA’s Feature #1: AirDNA MarketMinder

airdna marketminder

MarketMinder is the AirDNA dashboard designed for STR investors searching for profitable Airbnb markets. This comprehensive tool follows the performance of 10 million listings in more than 80,000 cities worldwide.

To help investors gauge investment viability, Market Minder has a Market Grade section which provides insights into your prospect city’s local market condition based on:

  • Investability – Assessing the market’s suitability for investment
  • Rental Demand – Gauging the level of interest from potential guests
  • Revenue Growth – Analyzing the market’s potential for income growth over a period
  • Seasonality – Understanding how demand fluctuates throughout the year
  • Regulation – The leniency or strictness of the local Airbnb regulations

Each of these data points has its separate rating calculated by AirDNA’s algorithm. With their overall average, the Market Grade is benchmarked against the best 2,500 Airbnb markets worldwide to have a comprehensive assessment. 

MarketMinder also provides historical Airbnb data averaging key performance indicators of short-term rentals in the city you’re searching. These include:

  • Annual Revenue
  • Occupancy Rate
  • Average Daily Rate
  • RevPar
What Users Like About MarketMinder

User Experience. Users of AirDNA consistently express their satisfaction with the platform, particularly when it comes to their experience with the dashboard. They frequently laud the platform for its user-friendliness, finding it remarkably easy to navigate and interact with. This ease of use is a crucial factor in enhancing their overall experience, allowing users to efficiently access the wealth of data and insights that AirDNA provides.

MarketMinder
What Users Dislike About MarketMinder

Disappointed users did not mince words in voicing out their frustrations with AirDNA.  They have not held back in conveying their dissatisfaction and concerns regarding the platform’s performance and the extent to which it meets (or falls short) of their expectations.

Data Inaccuracy. Previously, AirDNA has been commended for the accuracy and comprehensiveness of data. Now, people are claiming they’re getting “inaccurate” and “oftentimes wrong” information.

MarketMinder
airdna review

Their candid AirDNA reviews provide valuable insights into the challenges that some users have encountered using the platform. These things need to be considered, especially since people do not appreciate the new changes that AirDNA rolled out this September 2023.   

MarketMinder

To put salt in the wound,  users have found it difficult to ask for a refund. This is especially the case since AirDNA subscriptions are now billed annually.

MarketMinder
Our Take on the Market Minder
Market Grade

Without a doubt, the Market Grade section in the Market Minder is helpful, especially for first-time Airbnb investors. Let’s have a recap of what Market Grade offers:

  • Investability
  • Rental Demand
  • Revenue Growth
  • Seasonality
  • Regulation

Knowing what these terms mean is one thing, but getting their numeric value in your prospective market can be a great guide. It’s crucial to emphasize that these values are not absolute, but rather they are generated through AirDNA’s algorithm. While this may add a layer of complexity to the interpretation, I trust that it still offers a good lead.

No Dynamic Data

We see the reason why the map is just on the side, and not at the forefront of the dashboard.

The map on the Market Minder does not have a dynamic feature. This means that the data does not get updated with every move or drag of the map. In other words, it’s just static or stuck. 

airdna martketminder

When it comes to market analysis for short-term rental investments, dynamic analytics prove to be exceptionally valuable. They offer real-time, up-to-date insights that can greatly assist both investors and property managers in analyzing market trends. This feature is only available on the Airbtics Dashboard. 

Notice how the data gets updated with every move of your finger. So, you can sweep through your preferred city knowing which neighborhood is the most profitable!

You can read more about Airbnb Dynamic Data from our article.

Pre-Determined Submarkets

Market Minder also has “Submarkets.” It has its own dedicated tab that shows the different geographical segmentations of your chosen Airbnb city.

airdnareview

We admit that this is a useful feature. However, these submarkets are already pre-determined by AirDNA. It means they are not customizable.  

On Airbtics, you can enjoy the flexibility of creating your own custom markets. They can be as small as a neighborhood or as big as ten. We do not regard formal geographical boundaries here. That’s how flexible we can be! 

Why does this matter? So you can understand your own Airbnb Submarket better!

AirDNA’s Feature #2: AirDNA Rentalizer

This is arguably the most popular Airbnb calculator online. AirDNA Rentalizer can predict the STR performance of your prospective property anywhere in the world. To use this feature, you need to provide the following information:

  • The exact street address of the property
  • Number of bedrooms
  • Number of bathrooms
  • Accommodates (number of guests that can be hosted)
AirDNA Rentalizer

We already have a full review of the AirDNA Rentalizer. Know from the article about the pros and cons of using the calculator as well as its best alternative. But to keep this one running, let’s go on with what users have to say about the AirDNA calculator.

What Users Like About AirDNA Rentalizer

User opinions on the accuracy of AirDNA Rentalizer paint a diverse picture. Some express genuine satisfaction with its precision, with some even emphatically stating that it provided spot-on projections. 

airdna rentalizer
airdna review

Close-to-Actual Projections. A separate group of users acknowledges that while the tool’s estimates may not be exact, they come remarkably close to reflecting their actual earnings.

But there’s an even further side of customers whom we may consider as still satisfied. However, they are still cautious and advise people to manage their expectations. 

They suggest taking the projections as a rough guideline rather than a definitive prediction. They remind people to adjust around ±25 percent from AirDNA’s estimate.  

This sentiment may highlight the dynamic and nuanced nature of short-term rental markets, where factors beyond the tool’s control can influence outcomes. On the other hand, this may signal a bit of accuracy on the part of the calculator.

airdna review
What Users dislike about AirDNA Rentalizer

Overpromising Projection. A common concern raised by AirDNA users centers on the platform potentially overpromising the projected return on investment (ROI).  

airdna rentalizer

This apprehension highlights the importance of scrutinizing the accuracy and reliability of data and insights provided by AirDNA. Users seem to want to understand whether AirDNA’s projections align with the actual outcomes in the real world. 

airdna review

This recurring theme underscores the importance of managing expectations and conducting due diligence when using AirDNA. Take AirDNA data with a grain of salt to make your Airbnb thrive and not just keep afloat.

AirDNA Smart Rates

AirDNA’s Smart Rates is a specialized tool designed for Airbnb hosts. It is a dynamic pricing feature that helps them optimize their property’s occupancy rate and revenue. 

Smart Rates responds to the need to adjust nightly rates based on seasonal demands. This way, hosts can attract bookings during low seasons and maximize income during peak seasons. This flexibility allows hosts to maintain a steady stream of revenue all year round. 

We’d say that it is a useful tool, even for investors. Now that investors have found an Airbnb property, they can use Smart Rates to see how their properties perform. 

The good thing about Smart Rates is you can determine your own comp set. A competitive set is a group of properties with similar attributes to your own. This means you can handpick your direct competitors and see how they’re doing! You can save a minimum number of 5, but you can extend this to up to 20 properties as long as your own market allows. 

What Users Like About Smart Rates
smartprices
What Users Dislike About Smart Rates
smartprices

How Trustworthy Is AiRDNA?

AirDNA has four subscription plans. Three of these are billed annually, while one is “forever free.” Each subscription plan follows a feature-based model, which users can choose from depending on their needs and preferences. 

  • Free – For beginners wanting to get a general overview of the STR industry from high-level market insights and one year of historical data
  • Basic – For inventors in the research phase who can rely on detailed metrics, submarket analysis, filters, and data export
  • Pro – For serious investors seeking in-depth historical data (3-year period) and property pricing criteria
  • Advanced – For large real estate investment groups and vacation rental management companies who may benefit from 5-year historical data and in-depth insights into active short-term rentals 
airdna review

How Much Is AirDNA Subscription?

Before choosing a paid subscription, bear in mind that it will be billed annually. This means that you will be paying for a whole year even if you’re not satisfied with AirDNA data.

  • Basic: $180 / annually
  • Pro: $300 / annually ( $600 / annually without the discount)
  • Advanced: $14,388 / annually

Most likely, you will go for either Basic or Pro plans. Based on the hundreds of investors that Airbtics has provided data for, finding a profitable short-term rental usually takes less than a month.

Yes, less than a month.

If you’ve already found a property (even if it will be profitable based on rental analytics) are you still willing to pay for the data you will no longer need? 

It’s something that you have to think about, considering that you will spend a significant amount of money on a property.

And that’s already the best-case scenario. 

What if you feel that you have been duped? You’re frustrated with the services that you paid for. Yet, you can never get a refund. This has already been the concern of a lot of disappointed AirDNA customers. 

airdnareview
MarketMinder
MarketMinder

A great alternative to AirDNA’s pricing plan

On Airbtics Dashboard, no need to unlock your city or submarket because you can access them all on your own.

Airbtics pricing plans have always been transparent. You can choose our affordable plans with monthly billing. You can also get -35% off on any of our plans if you choose to be billed annually. 

This way, you’ll only pay for the data that you need. And although it’s sad to see you go after finding your property, we’re still happy that Airbtics has helped you!

In the event that you’re not satisfied with Airbtics, we offer a 15-day money-back guarantee for your purchase. Our terms are reasonable: you’re a first-time subscriber and haven’t locked more than 2 markets. If this is the case, we’ll give you a full refund right away!

AirDNA Vs Airbtics

airdna review

It’s very easy to go for the most popular for anything. But instead of going with the flow, why not dig more and go for the best one there is? Luckily, the best one can also give value for your money!

Try Airbtics! Our plan starts at only $59 / month for 1 market. With this entry plan, you can experience many features that a rental analytics tool should have:

  • Affordability
  • Ease of use
  • Comprehensive Insights
  • Accuracy
  • Structured data
airdna review
airbtics
airbtics review
airbtics review

Plus, we also have a great Customer Support team!

airbtics review

Is AirDNA Worth It?

AirDNA reviews on Trustpilot paint a clear picture of the divided sentiments, with a stark divide between 5-star (35%) and 1-star (40%)  ratings. It appears that users either highly appreciate AirDNA’s services or they experience profound disappointment with the product. 

airdna review

This stark contrast in ratings emphasizes the polarizing nature of AirDNA’s impact on users. AirDNA reviews on Trustpilot are a clear illustration of how users’ experiences with AirDNA can sharply differ. It highlights the importance of carefully considering individual needs and expectations when deciding to use AirDNA. 

Summary: A balanced and thorough AirDNA review on the internet!

In this article, we have given you a straightforward and thorough look at the AirDNA platform. While we admit that it’s our competitor, this AirDNA review comes from the place of industry knowledge. As you have seen, we have been fair in reviewing AirDNA. 

We have mentioned the strengths of the AirDNA. It’s a decent platform, after all. In addition to this, we have also shared proofs of satisfied AirDNA customers. 

But we have also wanted to achieve balance. We have shown its areas for improvement as well as AirDNA redlags. These include the perceived inaccuracies by users, its poor customer support, and its misleading pricing structure. These complaints are all valid, considering that AirDNA is expensive.  But AirDNA’s major red flag is its one-year locked-in policy with zero possibility for a refund.

If these things are shady to you, you might as well try Airbtics – the best AirDNA alternative!

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

  • Quick Links

Categories
Alternatives & Reviews

AirDNA Rentalizer vs Airbtics Profit Calculator

Airbnb calculator clash: AirDNA Rentalizer vs Airbtics Profit Calculator in a showdown of prominence vs credibility!

AirDNA Rentalizer vs Airbtics Profit Calculator

AirDNA Rentalizer vs Airbtics Calculator

AirDNA Rentalizer vs Airbtics Profit Calculator

Airbnb calculator clash: AirDNA Rentalizer vs Airbtics Profit Calculator in a showdown of prominence vs credibility!

Analyzing Airbnb Calculators

In the ever-growing short-term rental industry, Airbnb has become a game-changer for guests and property owners alike. And no matter how long or short the time you have been in the hospitality sector, the constant pursuit of profitability remains strong. After all, who doesn’t want to make the most out of their investment?

At this point, you might have heard how data analytics has been revolutionizing the short-term rental industry. And one tool that can make a whole new world of difference, which opens doors to a huge convenience, is the Airbnb Calculator. But not all Airbnb Calculators are created equal.

With multiple options available online, Airdna Rentalizer seems to be the most popular choice, claiming that it is the world’s number one calculator of this sort. This is where we come in. In this article, we will learn about both Airdna Rentalizer and Airbtics Profit Calculator. 

AirDNA Rentalizer vs Airbtics Profit Calculator
AirDNA Rentalizer vs Airbtics Profit Calculator

AirDNA Rentalizer

This is the Airbnb Calculator of AirDNA, a data analytics company. This tool allows Airbnb investors to estimate the earning potential of the property they’re eyeing. The Rentalizer offers projections for annual revenue, average daily rate, occupancy rate, and the impact of seasonality on profits. 

Benefits and Drawbacks of AirDNA Rentalizer

AirDNA Rentalizer has been known among many Airbnb hosts, investors, and vacation rental managers due to the following claims:

  • Leveraging data from over 10 million Airbnb and VRBO listings

  • Factoring in multi-market data points such as seasonality, rental demand, and revenue growth with its Market Score

While AirDNA Rentalizer is a powerful tool and the most popular one, it still has some cons of using it:

  • Lack of Comps Transparency – Just like any other Airbnb calculator, Rentalizer generates its results by analyzing data from nearby properties with similar attributes. However, skeptical investors may want to verify if the properties used for comparison are truly similar in terms of location, size, amenities, and conditions.

    Rightfully so, users may question the reliability of data used in Rentalizer if they cannot see the sources. Transparency in this regard can help users assess the Rentalizer’s credibility

  • Limited scope of customers – Rentalizer can be a useful tool for property owners. These can be hosts with properties of their own and Airbnb investors looking for another short-term rental unit. However, this excludes a significant portion of users, specifically those interested in trying Airbnb via rental arbitrage. 

    Rental arbitrage hosts may have different criteria and financial considerations compared to property owners. They may be more interested in rental costs, monthly expenses, and potential income via arbitrage, which Rentalizer may not address adequately. 

  • No mortgage section – It is a reality for a lot of investors to finance their short-term rental venture by taking a loan. This is another limitation that means that Rentalizer does not provide specific insights or calculations related to mortgage expenses and their impact on the overall financial performance of the investment. This is a major consideration for a huge portion of investors relying on other means to enter the Airbnb scene. 

👉🏻 Are you an AirDNA user? Explore other AirDNA Alternatives.

Airbtics Calculator: Host Profit Estimator

Airbtics Calculator is a short-term rental profit simulator that allows you to see the revenue of any rental unit worldwide. With more features, Airbtics Calculator allows you to go for the best short-term rental locations that can meet your investment goals. 

Airbnb Calculator

Instantly see your Airbnb’s estimated revenue with the leading Airbnb profit calculator in the short-term rental industry. Discover your Airbnb earnings potential.

Calculator-test
Pool

Benefits and Drawbacks of Airbtics Calculator

The Airbtics Calculator is a game-changing tool for short-term rental hosts and investors. Every month, there are nearly 9,000 active users who use the Airbtics Calculator, ranging from Airbnb hosts, investors, and vacation rental managers. Here are some of the key features that make it stand out:

  • Comps Transparency – The Airbtics Calculator goes beyond just providing the search radius. It takes transparency a step further by disclosing comparable or similar properties close to your rental unit. 

AirDNA Rentalizer vs Airbtics Calculator

This transparency builds trust with users, as they can see the actual properties that serve as a reference for the calculations. No matter how one chooses to see the references (either on the map or in a table format), even the most skeptical investors can validate the relevance of the chosen comps. They can assess whether the selected properties are indeed similar.

AirDNA Rentalizer vs Airbtics Calculator
  • Special Section for Rental Arbitrage – The Airbtics Calculator considers incorporating additional metrics and factors relevant to rental arbitrage. These include monthly rent paid to property owners, one-time costs, and monthly expenses.
AirDNA Rentalizer vs Airbtics Calculator

This level of customization and consideration makes the Airbtics Calculator a more valuable tool for people engaged in the unique segment called rental arbitrage.

  • Mortgage Calculation – On the Airbtics Calculator, users can put specific mortgage details such as interest rate, downpayment, and loan terms to tailor the analysis to their specific financial situation.
    This helps them assess the property’s realistic financial projections and sustainability in the long run. This feature also helps them make data-backed decisions, especially in the discussion of real estate financing.
AirDNA Rentalizer vs Airbtics Calculator
  • Compare and Contrast Multiple Prospective Properties – The ability to compare and contrast multiple properties using the Airbtics Calculator is another added feature for real estate investors. It allows them to evaluate real estate opportunities side by side and make the best investment decision. Depending on your choice of return on investment, you can sort the properties according to their gross rental or net rental yields.
AirDNA Rentalizer vs Airbtics Calculator

While Airbtics has a comparably better tool, it is still far from perfect. Below is the limitation of the Airbtics Calculator:

  • The Absence of VRBO data – The Airbtics Calculator does not cover VRBO listings, unlike AirDNA Rentalizer. This distinction only becomes relevant for investors who wish to operate in the short-term rental market and wish to maximize their exposure across multiple platforms.

The Best STR Calculator for Hosts, Investors, and Rental Managers!

The ever-evolving landscape of the short-term rental industry has brought out the most innovative tools such as Airbnb calculators to help property owners, Airbnb investors, and vacation rental managers maximize their profitability.


While the AirDNA Rentalizer boasts popularity and powerful data analytics capabilities, it still has its limitations. These include comps transparency, excluding rental arbitrage hosts, and missing out on mortgage-related considerations. 

This is what makes the Airbtics Calculator game-changing, as this powerful tool sets a new standard for Airbnb hosts and investors. Its standout features, including unmatched comps transparency, dedicated sections for rental arbitrage and mortgage calculations, and the ability to compare multiple properties make it an invaluable resource for a wider range of audiences with varying needs in the short-term rental sectors.

With Airbtics Calculator’s transparent and data-driven approach, users can customize their financial projections based on their unique characteristics. This only allows them to make better-informed decisions and build trust in their investment decisions. 

In an industry where not leaving money on the table is crucial, the Airbtics Calculator truly shines as a reliable and versatile investment tool – helping Airbnb investors unlock the full potential of their short-term rental investments!

AirDNA Rentalizer vs Airbtics Calculator

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Keep Reading

Annual Airbnb Revenue in Diamond bar california, USA

Diamond Bar, California| Airbnb Market Data & Overview | USA Diamond Bar, California Airbnb Market Data & Overview USA Is it profitable to do Airbnb …

Read More →
Annual Airbnb Revenue in Townsend tennessee, USA

Townsend, Tennessee| Airbnb Market Data & Overview | USA Townsend, Tennessee Airbnb Market Data & Overview USA Is it profitable to do Airbnb in Townsend, …

Read More →
Annual Airbnb Revenue in Newton massachusetts, USA

Newton, Massachusetts| Airbnb Market Data & Overview | USA Newton, Massachusetts Airbnb Market Data & Overview USA Is it profitable to do Airbnb in Newton, …

Read More →
Subarrendamiento Airbnb Benalmadena
Subarrendamiento en Airbnb en Benalmadena

Estas interesado en conseguir la independencia financiera por medio de un ingreso pasivo? Te damos un aviso: no necesitas ser dueño de una propiedad como …

Read More →
airbnb property for sale Atlanta City Centre
Investing in Property for Sale: How to Buy A Profitable Property for Airbnb in Atlanta City Centre

airbnb property for sale Atlanta City Centre Atlanta is a city that’s simultaneously known for its rich history and influence on the future. Aside from …

Read More →
Traditional Rental Properties vs Airbnb Which is More Profitable
Traditional Rental Properties vs Airbnb: Which is More Profitable?

Explore the world of real estate investment: traditional rental properties vs. Airbnb. Discover how short-term rentals provide a flexible, profitable alternative for earning passive income without the commitment of long leases.

Read More →

Categories
Alternatives & Reviews

Mashvisor Alternatives: Top STR Tools for Airbnb Investors

If you’re an Airbnb investor eager to expand your property portfolio, it’s essential to explore the top Mashvisor alternatives. Find out the other short-term rental analytics tools tailored for Airbnb investors:

1. Airbtics (Best Overall)
2. All The Rooms
3. AirDNA
4. Rabbu
5. Inside Airbnb

About Mashvisor

Mashvisor offers a property analytics tool that assists real estate investors in identifying profitable investment properties. It utilizes data to analyze potential deals and predict their performance in both long and short-term leasing. Currently, its data is only limited to the US, excluding other regions and countries.

Mashvisor Review

Although Mashvisor is a very good tool with a comprehensive property analysis model and a great visualization with color-coded heat maps, it still has drawbacks.

Despite the good reviews of 85% on Trustpilot,  5% of the customers on the same platform voiced out their dissatisfaction with Mashvisor . What are the things to improve?

  • Low-quality of customer support
  • Data privacy
  • Complicated dashboard
  • Inflexible subscription plan
  • Limited coverage, in US only
mashvisor alternatives

Overall, as a data analytics platform, Mashvisor should be more client-centric in this case thinking that every user experience has a huge impact on their success. Read more about the Mashvisor Review

As someone who already uses Mashvisor, I bet you are reading this to learn the alternative tools that are more promising and can fit your needs. Meanwhile, if you are new to these tools and into exploration, this article is for you as we embark on the other Top STR tools for Airbnb investors.

This article consists of:

1. The key features to look for when enhancing your Airbnb investment
2. A comprehensive review of Mashvisor competitors
3. The best alternative to Mashvisor

Key Features to Enhance Your Airbnb Investment

Expanding your property portfolio on Airbnb requires data-driven insights. Fortunately, there are reliable analytics tools that offer a wide range of useful features. As you look into these tools, keep in mind the following:

mashvisor alternatives

1. Data Accuracy and Reliability: This should be the #1 on your list. Make well-informed decisions with trustworthy data, ensuring your investment choices are based on reliable information.
2. Advanced Property Search and Analysis: Identify lucrative opportunities quickly and effectively, saving time and maximizing potential returns.
3. Vacation Rental Management Tool: Streamline your property management tasks, optimizing operations & pricing, and enhancing the overall guest experience.
4. Data Visualization: Gain visual insights into market trends and hotspots, enabling you to make data-driven decisions with ease.
5. Global Coverage: Expand your investments worldwide by choosing a tool that covers the countries where you plan to operate, unlocking new opportunities.
6. Customer Reviews: Benefit from the experiences of other users, gaining valuable insights into the tool’s performance and potential drawbacks.
7. Customer Support & Education: Receive quick assistance when needed and access educational resources to sharpen your skills and leverage the tool effectively.
8. Cost-effective Pricing: Ensure you maximize your ROI by finding an affordable plan that offers the right balance of features and value.

By prioritizing these key features, you can elevate your Airbnb investments to new heights, harnessing the power of accurate data, efficient property management, visualization tools, global reach, valuable user insights, reliable support, and cost-effective pricing. Embrace these benefits and propel your real estate ventures forward with confidence.

Comprehensive Review of Mashvisor Competitors

Now that we’ve established the importance of data-driven decision-making and introduced the top three Mashvisor alternatives, let’s go deeper into each platform’s unique features and offerings.

mashvisor alternatives

Airbtics: The #1 STR Analytics Tool for Airbnb Investors

Airbtics emerges as the frontrunner among Mashvisor alternatives. It’s the top choice among STR analytics tools due to its data accuracy, reliability, and customizable features. It offers in-depth information tailored to the Airbnb ecosystem, ranging from vacation rental income projections and occupancy rates to market trends and property performance analysis.

Why do customers prefer Airbtics?

Dynamic Map. Airbtics is able to get dynamic data updating while you move around the map in the app. The data such as the occupancy rate, nightly rate, and annual revenue is updated in real-time. This allows Airbnb investors to compare data in a specific and custom manner. 

  • Tailored Region. Unlike other tools, Airbtics permits users to “draw” the area of their preferred markets. This notable feature gives Airbnb investors a customizable experience.
  • Data Accuracy. 10 million Airbnb listings worldwide are updated every week on Airbtics to ensure we are providing accurate information to our users. Additionally, the data refresh cycle is weekly and daily for enterprise clients, making the data reliable for sudden changes.
  • User-friendly Interface. Airbtics understands that not all STR investors are proficient in data analytics tools. Our user-friendly dashboard is designed for both first-time investors and experts.
  • 5-star Customer Reviews. Don’t take our word for it. Read true success stories of our customers at Capterra where we received 5-star ratings.
mashvisor alternatives

AirDNA

AirDNA has established itself as the first STR analytics platform in the industry. It’s widely used by property owners, managers, Airbnb hosts, researchers, and market leaders. Upon checking their tool, here’s what sets them apart from the competition: Read the full review.

  • Great Data Visualization. AirDNA’s product dashboard composes of highly-visual data insights to help users analyze the data with ease.
  • Rich in features. The dashboard has several sections ranging from the market grade card, rental size, and growth. There is also a section for rentalizer where investors can get an estimate of their revenue of ROI. The last section is composed of seasonality where RevPar is computed and lead time & rates.
  • Market trends & reports. AirDNA publishes market trends and reports available to the public, which makes them a great resource about the industry’s market.

Although AirDNA has notable features which make them stand out, there are also drawbacks that came from AirDNA customers themselves:

‣ Unreliable data due to occasional updating
‣ Not all regions are available
‣ Pricing fluctuates frequently
‣ Short-term prediction isn’t possible
‣ Complex integration with other software

mashvisor alternatives

AllTheRooms

AllTheRooms is one of the pioneers in the STR industry that offers data analysis for vacation rental investors. They are a mission-oriented platform that aims to offer profound insights into the booming vacation rental market. Read the full review.

  • Comparison Tools. It’s one of the most complimented features of AllTheRooms. The tool allows easy comparison of different factors such as occupancy rates, daily rates, supply, market prices, etc. Comparing two or more items at the same time gives insightful analysis to the users.
  • Advanced Filter. Users can gain a bird’s eye view of market patterns and dive deeper into individual property analysis. The advanced filter feature refines the data based on listing types enabling accurate comparisons.

Despite the fact that AllTheRooms has helped many property managers and vacation rental investors, there is still so much to improve on their product. 67% of the customers rank them as bad; while 33% ranked the product as an excellent one.

alltherooms
Other Alternatives: Data Rabbu & Inside Airbnb

Data Rabbu is a US-specific property management service that provides valuable Airbnb data for real estate investors seeking to expand their profit of short-term and vacation rental properties. Meanwhile, the drawbacks include limited global coverage and no guarantee of rental data accuracy.

Inside Airbnb is a valuable website that provides datasets collected directly from Airbnb, benefiting local hosts, researchers, and scholars. Its public data includes information such as available listings, safe neighborhoods for hosting, estimated monthly income, average nights booked, pricing, occupancy rates, and the number of reviews. However, the free version lacks the ability to create a customized market analysis, requiring costly data requests for specific neighborhoods.

The Best Alternative to Mashvisor is Airbtics!

Choosing the right tool for property investing is a crucial point. As a property investor, you are dealing with data to make informed decisions, which makes data accuracy the #1 must-have on your checklist. Other features are secondary.

To sum up, Airbtics has by far the best alternative to Mashvisor. It touches most of Mashvisor’s limitations such as high data accuracy, quick and easy-to-reach customer support, global coverage, and highly-customizable features.

If you haven’t tried Airbtics yet, try it now with a 14-day money-back guarantee. Talk to our customer representative to answer any questions you may have and while you’re at it, you can also take your time and check out Airbnb statistics in US cities. This way, you will also get an idea of where you should invest in.

signup
Categories
Alternatives & Reviews

AirDNA vs Rabbu Comparison: Choosing the Best Airbnb Analytics in 2023

Key Takeaways
  • Before investing in the real estate market, it’s important to make sure that the property will generate a high return first. This is where Airbnb data analytics tools like AirDNA and Data Rabbu are bringing the essence to the short-term rental industry. 
  • Discover and compare the Airbnb analytics available in the market to meet your goals. By looking at the features, pricing, and alternatives, you’ll be able to make the wisest investment decisions. 
  • Learn about the reviews from actual users who have tried AirDNA, Data Rabbu, and other short-term rental providers to gauge the best Airbnb analytics for your business.

Introduction

Starting your investment journey in the real estate market is an exciting step to achieving financial freedom. In fact, it can instantly help you make thousands of dollars by using the right tool to make wise investment decisions.

This is where short-term rental analytics providers like AirDNA and Data Rabbu step in and become essential. They both provide useful data points such as the monthly revenue projection, occupancy rates, and Airbnb listings among others.

But which is the best Airbnb analytics tool for you? 

In this article, we’ll compare AirDNA vs Data Rabbu to help you decide on the best Airbnb analytics tool. We’ll cover their specific features, pricing, and actual user reviews. We also added great Airbnb analytics alternatives just in case you need more options. Continue reading to learn more!

What is AirDNA?

AirDNA is one of the leading sources of short-term rental data in the industry. It helps users to access data by looking at competitive insights, custom reporting, and interactive dashboards. 

AirDNA also offers worldwide data coverage with features including a marketing comparison tool (Market Minder) for investors to compare cities and an ROI calculator (AirDNA Rentalizer).

On the other hand, if you’re wondering, “Is AirDNA accurate?” – well, AirDNA’s accuracy is a different subject. While there are several users who have tried its services, the tool’s accuracy is often highlighted and several users have unsubscribed due to this problem. It’s also one of the reasons why more people are looking into AirDNA alternatives.

What is Data Rabbu?

Data Rabbu is a property management service that features short-term rental data. This platform focuses on short-term rental & vacation rental properties. Therefore, more real estate investors who want to determine a property’s profitability find it valuable. 

Rabbu’s Marketplace tool is also helpful for those who have no properties yet or would like to create a new investment portfolio. This tool specifically assists investors to have an overview of on and off markets. 

However, its data coverage is limited to the USA markets only. Airbnb Rabbu’s accuracy cannot be guaranteed since there are feedback from users stating that their “75th percentile seems to underestimate the real-world STR performance”.

AirDNA vs Rabbu: Features & Tools

Aside from the fact that both AirDNA and Rabbu differ according to their data coverages, here are their individual features and tools: 

Airdna vs rabbu

1. Airbnb Calculator

The first question that comes to every property investor’s mind is: “How much can I make on Airbnb with my property?”. This is where an Airbnb income calculator becomes essential! 

Both AirDNA and Rabbu Data have Airbnb calculators. They present Airbnb data points such as annual revenue, average daily rate, and occupancy rate among others. Their major difference is that Data Rabbu’s Airbnb calculator is free and you can even go through the market’s seasonality.

Airdna vs rabbu
Airdna vs rabbu

From a brief look at the dashboards from AirDNA vs Rabbu, it’s safe to say that Rabbu’s presentation is a lot more comprehensive. In order to view all the data from AirDNA, you will be required to pay for their subscription first so it’s not completely recommended for beginners.

2. Deal Alerts

Data Rabbu’s deal alerts are built to send notifications via email or text message when there are new properties that match your preferences. You can set your own criteria according to location, property price, and expected return to get sourced!
At present, AirDNA does not have this feature as they are more focused on in-depth Airbnb data insights.

3. Market Minder

AirDNA’s Market Minder feature tracks the daily performance of 10 million short-term properties worldwide from Airbnb and VRBO. It features a fully interactive map dashboard that has various currencies and presents daily travel demands. 

However, they only update their database once a month which makes their data inaccurate as it’s not real-time. 

Data Rabbu also has an interactive map but it only presents existing Airbnbs like AirDNA. How often do they update their database? Unfortunately, it’s not stated on their website. And here’s a feature that they both lack: Dynamic data insights!

Dynamic data insights are important for both beginners and pros in the short-term rental industry as they take into account the fluctuations in market demand. 

For instance, Airbtics’ interactive map dashboard presents existing Airbnbs and dynamic data insights at the same time. Airbtics also updates its database daily, which helps investors to access real-time information to generate profitable investments.

This feature is specifically helpful for property investors to keep up with the pricing strategies in their markets.

4. Property Management

Data Rabbu’s secondary function is a tool for property management. This helps property investors manage daily rental operations, optimize pricing, and keep track of rental properties among others.
AirDNA does not have this feature, although they offer smart rates that can be connected to the Airbnb host’s account.

5. Enterprise Solutions

AirDNA’s enterprise solutions offer customized insights such as real estate market trends and forecasts. AirDNA users can even download the data so they have a copy of their own. Data Rabbu, on the other hand, does not provide customized insights. 

AirDNA vs Data Rabbu Pricing: Which is Worth it?

Now that you know the features of both AirDNA and Rabbu – let’s talk about the second-most important consideration: Pricing!  

According to Data Rabbu’s website, their pricing for property acquisition software costs $99 per month or $990 per year when paid annually. On the other hand, for full-service short-term rental property management, Data Rabbu’s fees vary according to your market & portfolio. 

AirDNA’s pricing costs $499.75 per month or $3,599.75 per year for accessing 5 markets in different regions. Unfortunately, this can be very expensive and they also don’t offer free trials.

Overall, Rabbu and AirDNA’s data depth are both lower compared to Airbtics. Since Rabbu offers property management services and Mashvisor offers basic data services, it makes sense why they can provide these services at such a low cost. 

Let’s face the fact that it is difficult to gauge one city’s profitability by looking at a single market alone. So if you are looking to invest in a market – it’s highly recommended to look at the top 5 markets, make a comparison for each, run the numbers, and make a wise investment decision. 

The good news is that Airbtics is designed to help you with that! As a specialized data company, it provides the most accurate results and is ideal for those who want to base their decisions on high-quality data. 

To sum it up, choosing 2-5 good markets is more than enough. Once you have a preferred area to start an investment, you should consider the major factors including where you reside and work. Compared to other STR Analytics providers in the market, Airbtics provides the most affordable cost to explore 5 markets which is $149.99 per month or $999 per year.

Feedback from AirDNA vs Data Rabbu Users

Before subscribing to a service or purchasing a product, it’s always best to learn from reviews or check the user’s feedback first. Particularly if you’re subscribing to a short-term rental analytics tool! Check out the following reviews from actual users who have tried AirDNA and Data Rabbu:

rabbu&airdna
rabbu&airdna
rabbu&airdna
Airdna vs rabbu

AirDNA & Data Rabbu Alternatives

Knowing the features, pricing, and major comparisons of user feedback between AirDNA and Rabbu may still not convince you. Don’t worry! If you still can’t decide at this point, the good news is that there are better options. Check out the best AirDNA and Rabbu alternatives:

alternatives
alternatives

Summary: What’s the Best Short-Term Rental Analytics for You?

To sum it up, Data Rabbu only offers basic Airbnb data services for real estate investors. While it has an ROI calculator that presents the most important data, it’s also limited to accessing markets within the USA region. 

AirDNA caters to worldwide data coverage, but its accuracy and pricing are of major concern. AirDNA vs Rabbu has its own pros and cons, but the good news is that there are several other Airbnb data analytics providers that can meet your financial goals. 

In comparison to short-term rental analytics tool like Airbtics, it covers worldwide regions with specific markets that fully covers historical performance data, guest demographics, and more.

If you want to look at more detailed and advanced data which includes seasonality and discover specific neighborhoods, then Airbtics might be the best short-term rental provider for you. You can use the most accurate STR revenue calculator and speed up your game in the industry!

Categories
Alternatives & Reviews

Reviewing Inside Airbnb: Is it Worth it? Features, Pricing, and Reviews

Inside Airbnb data

Key Takeaways
  • Inside Airbnb data is useful for researching particular Airbnb datasets. The majority of users get and download important data such as the number of listings in a target neighborhood, estimated monthly income, number of reviews, and property types among others. 
  • Learn how Inside Airbnb can help you understand public data collected from Airbnb, its scope and limitations, and excellent options for Airbnb third-party vendors.

What is Inside Airbnb?

Inside Airbnb is a website that presents datasets collected from Airbnb itself. Launched as an activist project, InsideAirbnb aims to control the role of renting residential homes to tourists. Over the years, it has not only helped local hosts who want to be a part of the Airbnb community but also researchers and scholars. Inside Airbnb’s public data presents the following:

  • Number of available listings
  • Safe neighborhoods for hosting
  • Estimated monthly income
  • Average nights booked
  • Price per night
  • Occupancy rate
  • Number of reviews
Inside Airbnb data

Inside Airbnb also has summarized reports for specific cities such as Airbnb data in Dallas 2022. It’s basically made it easier for researchers and readers to download data in one click.

Inside Airbnb data

While Inside Airbnb’s dataset is mostly used in academic research, there are other people who use it as a primary data source. 

However, the findings from research about Inside Airbnb data analysis declared that there may be systemic errors in Inside Airbnb’s data collection process. This explains why other people look for credible options such as short-term rental analytics providers.

Inside Airbnb’s Scope 

Users can explore and get data from Inside Airbnb in several cities. Most cities available on the website are based in the USA, Europe, Australia, Africa, Canada, and the UK among others. There is also data available on a few Asian countries like Singapore, Hongkong, Taiwan, Bangkok, and Japan. 

Inside Airbnb’s Limitations

It’s safe to say that while Inside Airbnb’s data is generally free and easy to access, these are its following limitations:

  • It cannot create a customized market on a free version. Let’s face it – it’s difficult to gauge a market’s profitability with one look. You can ask for a data request (archived or new) to target a specific neighborhood for a very pricey cost.
  • For each data request, there are still processes and evaluations to follow. If you are a property investor who wants to access data in one click, this is less likely to happen with Inside Airbnb.

Inside Airbnb’s Pricing

In summary, Inside Airbnb’s pricing for each city or region is relatively expensive. It can be considered as a practical option for those whose major purpose is research. However, it’s different for property investors.

As a first step, deciding where to invest can either make or break the business. 

For instance, if you want to invest in an Airbnb in Barcelona, looking at one or two neighborhoods won’t be the right decision. Especially if you look at the entire Barcelona data, which can be a lot more complex. 

Inside Airbnb data

Source: Get the Data on Inside Airbnb

We always recommend property investors consider looking at 5 markets in different regions and comparing each data. This way, you can properly make an informed decision.

IA’s price for 5 markets costs $1,600, while Airbtics only costs $149.99 per month. As one of the trusted and leading analytics providers, Airbtics provides in-depth data insights and allows you to create custom markets. The possibilities are endless!

This is why most property investors use Airbnb data tools to secure data accuracy – without breaking the bank. 

Summary

To sum it up, Inside Airbnb data offers valuable insights that help one understand the general activities and listings in a city. Since there are comments and studies that question its accuracy and data collection method, most professionals opt for short-term rental analytics providers instead.

Aside from the in-depth analysis and worldwide data coverage, they also offer an accurate Airbnb income calculator. In the digital era, it’s always best to think ahead of your competitors.

Start your STR journey now with Airbtics and leverage your game in the industry!

Categories
Alternatives & Reviews

REVR Review: Features, Pricing, and Reviews

Revr airbnb tool

Key Takeaways
  • Revr is one of the newest short-term rental analytics providers in the market. This tool helps property investors achieve their goals and target the right markets for investment.
  • Short-term rental analytics providers such as Revr are built to provide revenue projections and share investment opportunities in their preferred target markets.
  • While Revr does not have any reviews from its general users yet, we went ahead and checked the features and pricing to help determine if it’s worth the money.

What is Revr?

Revr is a new short-term rental analytics company that provides Airbnb data. Particularly, STR providers like Revr Airbnb tool are built for property investors to compare any city that they plan to invest in.  

Short-term rental analytics platforms like Revr are extremely helpful for benchmarking and providing data. Particularly, for investors to make the best investment decisions! But is Revr the best tool for your business?

If you’re thinking of using Revr for your Airbnb business, this article is for you! 

Continue reading as we discuss Revr’s features, pricing, and reviews. At the end of this article, you’ll learn whether Revr is the best tool for your short-term rental business. Bonus: We also added some great Revr alternatives to look at!

Features and Reviews of Revr

1. Dashboard for Home Market

One of the primary features of Revr is a dashboard where you can select one home market. Users can see the overall revenue (both short and long-term), markets, and other STR insights. You can also check out the top-performing properties nearby with their prices, optimized CAP rate, and long-term CAP rate.

For a first-time user who wants to navigate the app, it is a bit confusing to see the numbers in 0 figures. Later, I figured that the account is in trial mode and requires payment for the subscription. You can only expand your search area once you pay a certain monthly fee.

Revr airbnb tool

There are also not a lot of online tutorials or a built-in app guide on how to properly navigate the Revr tools. So it’s safe to say that one might need to request a free demo with their customer representative to understand its features. Once you select a home market, here’s what the dashboard looks like:

Revr airbnb tool

Revr is somehow similar to Mashvisor when it comes to data coverage. Both are only limited to presenting Airbnb data within the USA markets. Therefore, it may not be useful if you want to explore international markets. 

But the best part is that their Airbnb data source is accurate. Airbtics provides Airbnb and VRBO data for REVR, and there are several positive reviews about their data accuracy. You can also have a brief overview of the top-performing STR properties near your selected area.

Revr airbnb tool
2. Access Revenue to any USA Properties

Next to the dashboard section is the revenue, where users can enter their street address, filter the property details (number of bedrooms, baths, etc), and features. The final step will ask users to input location information with various options to select from (mountain skis, nearby restaurants, etc). 

If you have a specific target property in mind, this filter can be considered one of the top features of Revr. Once you have selected all the necessary information, you can choose whether it’s for a short or long-term rental. Here’s what the final view looks like:

Revr airbnb tool
3. View, Add, and Compare Markets

Under the Markets section, you can select a location and filter according to property type and price. It also presents various addresses nearby with their details. You also have the option to create email notifications to receive notifications about investment opportunities. 

From a brief look, this data can be a bit overwhelming for beginners. Revr also does not have any export option as a CSV file where you can look back into this data. So users will more likely need to take a screenshot instead.

ReviewRevr
4. Market Analysis

If you want to view Airbnb data for 4 markets all at the same time, the good news is that you can! With Revr’s market analysis, you can see the highest and lowest revenue of your selected markets. Although their data coverage is only within the USA, there’s no question about their data accuracy for each market.

Here’s an example where I input 4 different markets. Specifically in Phoenix AZ, San Francisco CA, Las Vegas NV, and Chicago IL:

ReviewRevr
ReviewRevr

Revr Pricing: Is It Worth The Money?

Revr’s pricing ranges from $19.99 to $45.99 per month. Check out Revr’s multiple pricing packages:

  • Iron Butterfly: starting at $19.99 per month
    – Unlimited revenue projections, custom market dashboard, and access to market listings.
  • The Hag: starting at $32.99 per month
    – Receive email notifications about investment opportunities
    – Unlimited revenue projections, custom market dashboard, and access to market listings.
  • The Chief: starting at $37.99 per month
    – Access to USA Market Analysis
    – Unlimited revenue projections, custom market dashboard, and access to market listings.
  • The King: starting at $45.99 per month
    – Access to USA Market Analysis and receive email notifications about investment opportunities.
    – Unlimited revenue projections, custom market dashboard, and access to market listings.

Revr’s packages offer unlimited revenue projections. However, the USA Market Analysis and email notifications features are only available for “The King” subscriptions.

USA Market Analysis & Email Notifications can be accessed by purchasing add-ons. The USA market analysis cost an additional $19.99, while email notifications cost $14.99.

If you are a beginner in the industry, Revr’s pricing is considered cheap in the market. However, the pricing might also not be practical if you want to look at other markets at the same time. Making an investment decision is crucial and it can either make or break the business!

This is why we highly recommend looking at the top 5 markets before anything else. It’s a fact that it is difficult to tell if a city is profitable by looking at a single market alone. To make a wise investment decision, it’s important to compare each market and run the numbers.

The cheapest and most accurate STR tool for accessing 5 markets is Airbtics. For the price of $149.99, you can access 5 markets in different regions worldwide. 

Revr Alternatives

So are there any Revr alternatives that you can look out for? The good news is that there are plenty! In fact, there are also AirDNA alternatives that are useful for discovering other short-term rental analytics providers. Here are comparison charts that you can take a look at:

alternatives
alternatives

Summary: What’s the Best Short-Term Rental Analytics for You?

Although Revr is a fairly new STR analytics provider, its features and pricing are a great starting point. If you aim to target the USA market alone, then it can also be recommended. Its tool can be a bit complex for newbies, but there’s no question about its data accuracy.

In conclusion, the best short-term rental analytics should not only be limited to providing revenue projections. Its data should also be accurate, easily comprehensive, has wide data coverage, and most of all – it should be worth every penny.

Short-term rental analytics tool like Airbtics covers worldwide regions with specific markets that fully covers historical performance data, guest demographics, and more.

If you want to look at more detailed and advanced data which includes seasonality and discover specific neighborhoods, then Airbtics might be the best short-term rental provider for you. You can use the most accurate STR revenue calculator and speed up your game in the industry!

Categories
Alternatives & Reviews

STR Insights: Features, Pricing, and Reviews

STR insights tool

What is STR Insights?

STR Insights is a new short-term rental analytics company that provides Airbnb data for real estate investors. It gives the entire US market its subscription service. Some of STR Insights’ features include access to revenue metrics and property details among others.

Short-term rental analytics platforms like STR Insights are extremely helpful for benchmarking and providing data for investors to make the best investment decisions. But is it the best one for your business?

If you’re considering using an STR Insights tool for your Airbnb business, this article is for you! 

Continue reading as we discuss STR insights’ features, pricing, and reviews. At the end of this article, you’ll learn whether STR Insights is the best tool for your short-term rental business. 

Features of STR Insights

Similar to other short-term rental analytics providers, STR Insights has an ROI feature where you can input your address and predict profitability. Their software includes a dashboard, market profile, comparison report, and support.
STR Insights’ dashboard can’t be accessed after a free sign-up. They require users to subscribe to their premium subscriptions first to gain access. Their tutorial video & website present the following features:

  1. Discover markets with the latest Airbnb data
  2. Research-based on the types of vacation destination
  3. Compare different markets using the ROI calculator

The CEO of STR Insights, Kenny Bedwell, was also featured in a podcast that explains the tool’s major features. He shared all the details on STR Insights and tips for what markets you should keep an eye out for based on data he has seen.

Based on their tutorial video, this is what their dashboard looks like:

STR insights tool
STR insights tool

STR Insights provides Airbnb data coverage within the USA region. Similar to Mashvisor, it’s not recommended for those who want to explore global investments. 

If we also have to compare STR Insights vs AirDNA, it’s safe to say that AirDNA has more reviews and has been tested by many users. Although AirDNA has several popular tools such as MarketMinder and AirDNA Rentalizer, one thing to note is that even though AirDNA offers worldwide data coverage, it isn’t always the best option for other users. 

Due to several complaints about AirDNA’s inaccuracy and data quality, people have actually sought AirDNA Alternatives. When choosing an STR analytics tool for your business, it’s always best to look at other people’s experiences and compare each feature to make the best decision.

STR Insights Pricing: Is It Worth The Money?

STR Insights offer monthly, quarterly, and annual subscriptions. Since the features for each subscription are not stated clearly, it can be difficult to gauge if it’s worth the money. 

For the price of $194 per month without any assurance on how many markets you can access, it can be a costly mistake. STR Insights’ quarterly subscription costs $449.99, while the annual subscription for $1,599.99.

Let’s face the fact that it is difficult to tell if a city is profitable by looking at a single market alone. So if you are looking to invest in a market, it’s highly recommended to look at the top 5 markets. It’s important to make a comparison for each market and run the numbers to make a wise investment decision.

The cheapest and most accurate STR tool for accessing 5 markets is Airbtics. For the price of $149.99, you can access 5 markets in different regions. Check out the STR insights alternatives available in the market:

alternatives
alternatives

STR Insights Review

STR Insights does not have any existing reviews from users, aside from the ones promoted on their website. However, the dashboard can be a bit overwhelming for beginners. And while it provides most of the necessary info for property investment, its accuracy is another question.

Summary: What’s the Best Short-Term Rental Analytics for You?

To sum it up, STR Insights only offers basic Airbnb data services for real estate investors. While it has an ROI calculator that presents the most important data, it’s also limited to accessing markets within the USA region. 

In comparison to short-term rental analytics tool like Airbtics, it covers worldwide regions with specific markets that fully covers historical performance data, guest demographics, and more.

If you want to look at more detailed and advanced data which includes seasonality and discover specific neighborhoods, then Airbtics might be the best short-term rental provider for you. You can use the most accurate STR revenue calculator and speed up your game in the industry!

Categories
Alternatives & Reviews

Data Rabbu: Reviews, Features, Pricing, and Alternatives

Data Rabbu: Reviews, Features, Pricing, and Alternatives: In this article, you’ll find reviews about Data Rabbu ’s Airbnb analytics & its features’ descriptions. Continue reading to learn more!

Data Rabbu: Reviews, Features, Pricing, and Alternatives

data rabbu reviews

Data Rabbu: Reviews, Features, Pricing, and Alternatives

In this article, you’ll find reviews about Data Rabbu ’s Airbnb analytics & its features’ descriptions. Continue reading to learn more!

Data Rabbu: Reviews, Features, Pricing, and Alternatives

It’s important to use accurate data analytics tools in the short-term rental industry.  

Regardless if you are a beginner or a pro in the industry, your decisions should be according to a reliable and comprehensive software tool.

There are several options available in the market known as the best short-term rental analytics tools. Yet, it’s important to gauge and compare each software’s features and pricing to make sure that it’s the best one for you. And that’s what we’ll cover in this article!

Here’s an example. Property investors and managers who used AirDNA in the past have negative reviews.

Some of the reviews state that their data is inaccurate and misleading.

The good news is that there are free and paid AirDNA alternatives that can help you make wiser investment decisions.

In this article, we’ll review Data Rabbu’s Airbnb analytics and describe its features. We’ll also present its data accuracy, pricing, alternatives, and public reviews.

What is Data Rabbu?

Data Rabbu is a property management platform that offers end-to-end property management services. If you are a real estate investor who needs assistance in purchasing profitable properties, Data Rabbu is highly recommended.  Some of its features include estimating the return on investment, managing rental operations, and the like.

Since Data Rabbu only offers Airbnb data for listings in the USA, it is not recommended for those who want to discover Airbnb data in other countries.

Data Rabbu Short-Term Rental Deal Alerts

Data Rabbu has a paid subscription service called ‘Rabbu Short-Term Deal Alerts’ which aims to help property investors discover specific markets for investment in one click. Once subscribed, you will receive notifications via email or phone when there are new properties within your area that match your preference. 

Rabbu’s Marketplace tool is also helpful for those who have no properties yet or would like to create a new investment portfolio. This tool specifically assists investors to have an overview of on and off markets. Using filters such as location, purchase price, cap rate, property types, and the like – you’ll discover STR analysis and metrics and be able to make a proper decision.

Rabbu’s marketplace also offers an Airbnb calculator which presents sales prices, cash-on-cash return, gross yield, and potential revenue. It can also be adjusted according to your financial projections including loans, recurring expenses, and initial costs.

Data Rabbu Pricing: How Much Does it Cost?

According to their website, Data Rabbu pricing for property acquisition software is priced at $99 per month or $990 per year when paid annually.

On the other hand, for a full-service of short-term rental property management, Data Rabbu’s fees may vary according to your market & portfolio. It’s also possible to get custom pricing from Data Rabbu by reaching out to their customer support team. 

Here’s a brief comparison of Data Rabbu’s alternatives and their pricing:

Short Term Rental Analytics Providers Standard Plan Pricing
Data Rabbu $99 per month
Airbtics $149 for 5 markets per month
AirDNA $499.75 for 5 markets per month
All The Rooms $245 for 5 markets per month
Mashvisor $495 for 5 markets per month
See Transparent $1,245 for 5 markets per month

*market can be a zip code, neighborhood, or city.

Overall, Rabbu and Mashvisor’s data depth are both lower compared to Airbtics. Since Rabbu offers property management services and Mashvisor offers basic data services, it makes sense why they can provide these services at such a low cost. 

Let’s face the fact that it is difficult to gauge one city’s profitability by looking at a single market alone. So if you are looking to invest in a market – it’s highly recommended to look at the top 5 markets, make a comparison for each, run the numbers, and make a wise investment decision.

The good news is that Airbtics is designed to help you with that! As a specialized data company, it provides the most accurate results and is ideal for those who want to base their decisions on high-quality data.

To sum it up, choosing 2-5 good markets is more than enough. Once you have a preferred area to start an investment, you should consider the major factors including where you reside and work. Compared to other STR Analytics providers in the market, Airbtics provides the most affordable costs to explore 5 markets.

Is Data Rabbu Accurate?

Since Data Rabbu focuses on engaging with real estate investors who are looking forward to purchasing STR properties like hotels & condos for Airbnb purposes, its data accuracy cannot be guaranteed. Although it presents a property’s daily rates & occupancy rates, one can certainly not guarantee its accuracy. Let’s take a look at some reviews left by Airbnb hosts from Reddit and BiggerPockets forums:

data rabbu reviews
data rabbu reviews

Data Rabbu Calculator: Airbnb Analytics Free

In order for a property investor to have an overview of a property’s potential profitability, using a reliable Airbnb income calculator is an important tool that should be used. Simply put, looking at a property’s revenue projection will highly affect a property investor’s decision-making process – and it boils down to whether it will be profitable or not.

According to Data Rabbu’s Airbnb Calculator, some of the features of their revenue estimates include the following:

  • Annual Seasonalized Revenue
  • Average Daily Rate
  • Occupancy Rate
  • Seasonality Chart
  • RevPAN (Revenue per Available Night)
  • Comparables

Upon checking Data Rabbu’s calculator, we came up with the impression that since it focuses on property management services, the data software can be too complicated to use for first-timers. In comparison to other STR analytics companies like Airbtics that focus on analyzing short-term rental markets, it presents a more comprehensive dashboard that’s easy to use. 

Data Rabbu Reviews: Airbnb Analytics for Hosts

While short-term rental analytics are built to make an Airbnb host & property investor’s business on point, it could be a difficult task to find a reliable tool. Fortunately, reviews speak a lot louder! 

If you want to try using Data Rabbu’s services, here are some of the reviews that you should know about according to a forum on Bigger Pockets & Reddit. 

.

“Rabbu Pros & Cons:
Cons – revenue average even after looking at the top 75th percentile seems to underestimate real-world STR performance. Might have to do with their software taking all comps nearby despite several not really being made available 365.
Pros – quickly pull nearby comps to get a visual idea of the top performing properties and what numbers to expect (by ignoring outliers in the mix).”

– Posted by Josh Green on STR Analysis: Rabbu vs AirDNA

data rabbu reviews
rabbureviews

Conclusion

In summary, Data Rabbu can be a useful tool for real estate investors who want to discover and analyze short-term rental properties in the USA market. In order to ensure that it’s the best investment decision, it’s highly recommended to try a reliable Airbnb analytics platform like Airbtics and get a thorough analysis.

Airbtics vacation rental data includes various different measurements, such as average daily rate (ADR), historical occupancy rate, the number of listings in a particular area, guest demographics, revenue reports, and more. 

The Airbnb analytics (free) included in our dashboard can be used for different purposes, depending on your personal business needs. Whether you are a rental property investor, a host management software company, or a member of a tourism board, our rental data analytics dashboard has everything you need for success!

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

Unlock Worldwide
Short-Term Rental Data
Find unsaturated neighborhoods with the highest occupancy history.

  • Quick Links

Keep Reading

Annual Airbnb Revenue in Claremore oklahoma, USA

Claremore, Oklahoma| Airbnb Market Data & Overview | USA Claremore, Oklahoma Airbnb Market Data & Overview USA Is it profitable to do Airbnb in Claremore, …

Read More →
Best areas in Houston for Airbnb
A Guide to Airbnb Investment near Houston, Texas in 2023: Best 10 Profitable Areas for Airbnb!

Best areas in Houston for Airbnb Key Takeaways Learn about the profitability of property investment, the best property types, and the most recommended cities with …

Read More →
Annual Airbnb Revenue in Cape canaveral florida, USA

Cape Canaveral, Florida| Airbnb Market Data & Overview | USA Cape Canaveral, Florida Airbnb Market Data & Overview USA Is it profitable to do Airbnb …

Read More →
Annual Airbnb Revenue in Naperville illinois, USA

Naperville, Illinois| Airbnb Market Data & Overview | USA Naperville, Illinois Airbnb Market Data & Overview USA Is it profitable to do Airbnb in Naperville, …

Read More →
airbnb startup cost
Airbnb Startup Cost: How I Started An Airbnb With Only $3,297!

Airbnb Startup Cost: How I Started An Airbnb With Only $3,297!: Save time looking for Airbnb essentials! We’ve created a breakdown of Airbnb startup cost …

Read More →
Annual Airbnb Revenue in Bend oregon, USA

Bend, Oregon| Airbnb Market Data & Overview | USA Bend, Oregon Airbnb Market Data & Overview USA Is it profitable to do Airbnb in Bend, …

Read More →

Categories
Alternatives & Reviews

Airbnb vs VRBO: Is VRBO better than Airbnb?


Table of Contents
    Add a header to begin generating the table of contents

    Airbnb vs VRBO: Which Is Better?

    Airbnb and VRBO are two of the most popular vacation rental sites among both guests and property owners. When determining where to market your home, you may wonder which of these two approaches will result in greater results for your short-term rental business. As a guest, you may be curious to learn which of these platforms will match your individual needs and aid you in organising your ideal vacation.
     
    We compared Airbnb and VRBO and looked at their important features, differences, benefits, and downsides to help you decide.
     
    The major distinction between Airbnb and VRBO is what each has to offer.
    Let’s dissect it.
     
    Type of accommodation:

    The main distinction between these two platforms is the type of lodging they provide.

    • VRBO only provides stand-alone holiday houses.

    • Aside from stand-alone vacation houses, Airbnb also offers shared spaces and even hotel rooms. But, it usually does not provide a private room or other oddities such as camping. Although it began as a home-sharing concept, it currently hosts a wide range of lodgings.

    In other words, if you’re seeking a place to stay for a family reunion, both Airbnb and VRBO are viable options. Stick with Airbnb if you want a cheaper shared space or something out of the ordinary.

    Search feature

    Both Airbnb and VRBO provide similar, easy-to-use search features.

    Airbnb’s page looks a lot nicer and it contains some interesting visual components on the map, such as pricing and important locations. In comparison, VRBO’s page is clunky and out-of-date, with a banner ad.

    Aesthetics aside,  VRBO has a far superior filter and sort functionality than Airbnb. VRBO’s filters are also easier to use. “Pets allowed” is one of VRBO’s prominent search features, which can be extremely useful to many travelers. But, it’s buried deep in Airbnb’s menus under “house rules.”

    Omit, Airbnb restricts users’ ability to filter and search based on these simple factors.

    Selection

    This is a no-brainer. As of September 2020, Airbnb had 5.6 million active listings, and while VRBO doesn’t disclose this figure, it’s likely smaller. The gap is instantly revealed while searching in the same area on both platforms.

    In the tiny town of Forks, Washington, for example, an Airbnb search yields 42 listings with a wide range of housing options and pricing.

    On VRBO, a comparable search yields only one active listing.

    This isn’t a coincidence. Omitting the sheer volume of listings available, Airbnb outnumbers the competition.

    Airbnb data
    Booking

    Both vacation rental websites are booking platforms for property hosts. That is, you are booking a property “via Airbnb” rather than “an Airbnb.”

    This may make the booking process unusual for people used to staying in hotels.

    You must first make a booking “request,” which includes a price quote and a message to the host, for all VRBO and select Airbnb homes. Before approving or rejecting your request, the host considers your profile and past host ratings. To put it, the host must approve your reservation before it gets confirmed.

    If all that sounds like too much trouble, Airbnb offers a “quick book” option for some properties.

    Flexibility

    Both Airbnb and VRBO allow the property manager to set the cancellation and change policies for the booking. Because these regulations differ from one property to the next, it’s impossible to say which one provides the most flexibility.

    Yet, there are distinctions in how these policies are mostly communicated, implemented, and exhibited; once again, Airbnb has a little advantage.

    Airbnb gives hosts the option of selecting from a variety of flexibility rules, ranging from “flexible” to “strict.” Each policy has a color-coded timeframe to make it easier for potential guests to understand.

    The restricted policies and clarification offered by Airbnb take some of the guesswork out of determining whether to click “book.” Based on the booking dates, it’s easy to determine when you can get a complete refund or lose your entire booking cost.

    VRBO’s policies aren’t as simple or precise. These options range from “no refund” to “14/7,” which indicates you’ll get a full refund if you cancel 14 days or more ahead of time, and a 50% refund if you cancel at least seven days ahead of time. These policies are like those of Airbnb, but they are more difficult to compare.

    Service Charges

    VRBO’s servicing fees are often less expensive. Although the cost of your rental will determine your final cost, a VRBO rental is less expensive than an Airbnb rental.

    A split-fee structure is available on Airbnb. This means that the host’s payment is slightly reduced by an Airbnb service fee, and guests are also to pay a service fee. Most hosts pay a 3% service fee, although some may pay more (like Airbnb Plus hosts).

    The majority of guests pay a service fee of roughly 14% of the total booking price. But, certain guest service costs might be as much as 20%!

    VRBO also charges a service fee, which ranges from 6 to 15% of the total cost of your reservation. Because VRBO  does not offer individual rooms, the host has no way of covering the total service cost. Because you’re more likely to pay a lower service cost with VRBO, it’s the best option.

    Reviews

    Viewing property details is just one option for Airbnb users to learn more about a potential house listed on the platform. Guests can also submit reviews after their stay, rating everything from the veracity of the listing’s description to the cleanliness of the property. The site’s review area is also searchable, so if you have a specific worry about Airbnb, you may filter reviews to get answers.

    VRBO also has a review feature where users can score their experience at a specific property. Homeowners can respond to a reviewer on the site, and their responses are already posted next to the review. This suggests that before commencing the process of making a reservation, you should. Users of VRBO can not only discover more about a property’s amenities but also about the experience of staying there. Homeowners can teach them a lot.

    Conclusion

    There is no clear winner when it comes to Airbnb vs. VRBO. It depends on the type of trip you want to take. Because of the variety of rental types, the large host network, and the suite of “explore” services, Airbnb may be a better option for those looking for a more adventurous vacation. VRBO may be a better fit for you if you’re looking for a real holiday, a true escape for yourself. Of course, this isn’t a hard and fast rule, and each website has a variety of tools and rentals to assist you in planning your dream vacation.

    If you’ve ever considered renting out a house on Airbnb or VRBO, you’ll understand how tough it is to market your property. If you overprice your home, you will substantially lower the number of bookings. The majority of your competitors will lower your pricing and steal all your customers. So, the price is low, right? Price it too cheap, and you’ll be leaving money on the table, not making enough revenues to pay upkeep, and eventually becoming unprofitable.
    So, what should you do? There’s no need to worry since Airbtics provides historical, current, and anticipated rental data. You can also calculate your Airbnb revenue using the short-term rental calculator by multiplying your daily rate by the year-round occupancy rate.

    References| Travelfreak.com| Mashable.com

    READ MORE- Airbnb Squatters: All you need to know

    Airbnb Data
    Airbnb Data

    Join The Club!

    Get a free weekly
    Data-DRIVEN REPORT

    will only send you value bombs

    ARE YOU IN?

    Get Access to our weekly data-driven airbnb report!