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3 Easy Steps: How to Create a Custom Market?

Aside from knowing your property’s potential revenue and profit, it’s also important for property investors to create an analysis of their specific market. Each town and neighborhood may perform differently in a certain period of time, which is why STR analytics tools will be helpful for investors like you! In this article, we’ll show you how to create a custom market using Airbtics’ Insights tab. Here are the 3 easy steps that you need to follow:

1. Input your Town / Neighborhood’s Specific Name
How to Create Custom Market

If you can’t find your target area’s name on the search bar, no worries! From the insights tab, you can indicate your town or neighborhood’s specific name and select an area from the map. The best thing about this feature is that it can instantly give you accurate findings based on your search query.

2. Draw your Area
How to Create Custom Market

After inputting your town or neighborhood’s name, you can be more specific by moving around the map and selecting the polygon button to draw your target area.

3. Ready: Set Your Own Market!
How to Create Custom Market

Once you have finalized your target area on the mao, you can easily see how many listings your selected region has. You can even customize its region name before setting the market and instantly access the data that you need! 

Using Airbitcs’ tool, here are the following data points that you’ll be able to access:

  • Occupancy Rate
  • Average Daily Rate
  • Annual Revenue
  • Seasonality
  • Average Length of Stay
  • Top-performing listings
  • Revenue Heatmap
How to Create Custom Market

In the digital era where everything is rapidly changing, relying on inaccurate research and manual calculations is no longer applicable! Watch how I applied this step-by-step guide on Youtube.

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3 Easy Steps: How to calculate a Property’s Return on Investment and Rental Yield?

Before diving into the investment industry, it’s important to have an idea of your potential revenue and profit to avoid financial losses. This is why your overall rate of return should also be considered! Often referred to as Cash-on-Cash Return, this metric helps investors to measure the amount of their investment properties’ annual return. This is also used to foresee whether your projected earnings and expenses are on the right track or not!

Primarily, targeting properties with high rental yields is important as they commonly generate a steady cash flow. Setting aside the costs and expenses, you can compute the total amount of money that you’ll earn through Net Rental Yield. This refers to the annual profit generated by a property divided by its price. 

While investors can manually calculate profit on their short-term rental properties, the major disadvantage is inaccuracy! 

This is where STR analytics tools step in and perform excellent work. 

calculate yearly Airbnb revenue

In this article, we’ll show you how to calculate a property’s return on investment (ROI) using Airbtics’ Estimator tab. Here are the 3 easy steps that you need to follow:

1. Input your Address & Property Details
calculate yearly Airbnb revenue

Indicate your property type, number of bedrooms and baths, and click update! Select ‘confirm’ to be able to unlock this report. Note: You will only be able to unlock reports with enough credits. Learn more about Airbtics’ product pricing here.

2. Input your Property Prices & Expenses
calculate yearly Airbnb revenue

In this section, you will need to indicate your estimated property price, monthly payment to mortgage providers, property transaction and furnishing fees, electric bills, and the like.

3. Voila – Simulate ROI!
calculate yearly Airbnb revenue

In this summary, you will be able to double-check and change the amount of all your expenses and fees if needed. As easy as that! Once you select ‘simulate ROI’, here are the following data points that you’ll be able to access:

  • Occupancy Rate
  • Average Daily Rate
  • Annual Revenue
  • Seasonality
  • Average Length of Stay
  • Top-performing listings
  • Revenue Heatmap
simulate ROI

In the digital era where everything is rapidly changing, relying on inaccurate research and manual calculations is no longer applicable! Watch how I applied this step-by-step guide on Youtube.

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How to find emerging markets?

Airbtics is proud to present another innovative feature that is set to be launched this month – Analyst Recommendations! Built to provide state-of-the-art competitive strategies for Airbnb entrepreneurs & investors across the globe, the new feature is designed to help make the best investment decisions by looking at multiple emerging markets and their potential revenue.

Recognized as one of the most accurate short-term rental data providers in the industry, Airbtics is committed to showcasing the utmost data quality that comes in handy for Airbnb entrepreneurs & property investors to make the sharpest decisions – now more than ever!

We understand what it’s like to stay afloat in a rapidly changing industry with various competitors and we are dedicated to helping our clients’ major struggles in the process. 

As the product manager and software engineer, I wanted to create a definitive solution to exceed our clients’ expectations and help them meet their long-term investment goals. So I met up with Airbtics’ founder & worked together with the tech team in Spain – and we came up with excellent solutions and designed new features that will remain advantageous for Airbnb entrepreneurs in the long run.

Presenting Airbtics’ Innovative Feature:

Analyst Recommendations: Search Marketplace

For Airbnb investors & managers who have a limited idea of which particular market to target, the Analyst Recommendations feature is designed to help you make the right decision! By looking at multiple emerging markets, you can filter out your preferred city and analyze the gross net rental yield. Hence, you don’t have to worry about making the wrong investment!

How to find emerging markets
How to find emerging markets
Demand & Supply Breakdown

Aside from the Analyst Recommendations, another feature will now allow you to easily access the data for supply & demand.

The Supply Breakdown consists of comprehensive data including property types & sizes, channels, and top hosts with the highest number of listings. 

How to find emerging markets
Demand & Supply Breakdown

The Revenue / Demand Breakdown is presented by property types & sizes, channels, booking types, and booking lead time.

Demand & Supply Breakdown
How to find emerging markets

By looking at two separate breakdown graphs for supply & demand, Airbnb entrepreneurs & investors can easily create a comparison of each host and consider the major factors such as the property size, channels, booking type, & booking lead time. Not only will this data help your strategic planning, but it also makes your investment analysis efficient!

Long-Term Advantages of Airbtics’ New Features

Airbtics’ new compelling features have been officially launched! As we are dedicated to continuously providing paramount data quality to our clients from all over the world, the new features are designed to boomerang enormous advantages and long-term profit to Airbnb entrepreneurs, managers, and investors. 

One of the recently launched features is the 4 Channel Integration for Airbnb entrepreneurs & investors to have an outlook on other booking channels aside from Airbnb itself. This new feature aims to help strategize on booking channels where they can receive maximum revenue & return on investment.

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product-tutorial

Maximize Revenue by Understanding Important Channels in your Market

Airbtics is proud to present one of its innovative features that are set to be launched this month! Aside from Airbnb data, we now have integrated VRBO, Booking.com, and Tripadvisor data into our platform. Built to provide state-of-the-art competitive strategies for Airbnb entrepreneurs & investors across the globe, Airbtics’ new feature is designed to discover high returns and visualize long-term profitability on different booking channels.

Recognized as one of the most accurate short-term rental data providers in the industry, Airbtics is committed to showcasing the utmost data quality that comes in handy for Airbnb entrepreneurs & property investors to make the sharpest decisions – now more than ever!

We understand what it’s like to stay afloat in a rapidly changing industry with various competitors and we are dedicated to helping our clients’ major struggles in the process. 

As the product manager and software engineer, I wanted to create a definitive solution to exceed our client’s expectations and help them meet their long-term investment goals. So I met up with Airbtics’ founder & worked together with the tech team in Spain – and we came up with excellent solutions and designed new features that will remain advantageous for Airbnb entrepreneurs in the long run.

Presenting Airbtics’ Innovative Feature: 

Booking.com, Trip Advisor, and VRBO Data!

This new feature of Airbtics allows Airbnb entrepreneurs to have knowledge of different booking channels in a specific market that will help them receive maximum revenue & return on investment. It’s a fact that you can get more bookings by listing your property on multiple booking sites, so this new feature of Airbtics gives you the superpower to do just that! 

Airbtics booking channels

It’s crucial for Airbnb entrepreneurs to depend on their listing’s success based on rough numbers. With the help of the 4 channel integration, they can now have an outlook on other booking channels such as VRBO, booking.com, and Trip Advisor – and choose which one to prioritize! 

As Airbtics strives to consistently provide accurate data analytics, this feature will be extremely beneficial to all the users to foresee uncertainties & properly strategize by looking at the numbers of each booking channel in their area.

Individual Marker

If you ever wondered about investing in a certain area & would like to see how each Airbnb host (aka competitors) is performing, you can definitely do so! With this exciting feature, Airbnb entrepreneurs & investors can easily grasp whether it’s worth investing in an area or not. Don’t waste hard-earned money – make wise decisions based on accurate data!

Airbtics booking channels
Host Insights

Each host may earn differently depending on their property size, the number of listings owned, and other factors that affect their listings including the number of reviews & ratings. With this feature, Airbnb entrepreneurs & investors can view and inspect similar listings and make an informed decision.

Historical Performance

By evaluating multiple competitors in the preferred area, Airbnb entrepreneurs can easily access & analyze the most important key metrics such as the Average Daily Rate (ADR), Occupancy Rates, and Annual Revenue. Will it still be profitable in the next few years, or not?

Airbtics booking channels

Long-Term Advantages of Airbtics’ New Features

Airbtics’ new compelling features have officially been launched! As we are dedicated to continuously providing paramount data quality to our clients from all over the world, the new features are designed to boomerang enormous advantages and long-term profit to Airbnb entrepreneurs, managers, and investors. 

One of the recently launched features is the Analyst Recommendations for Airbnb entrepreneurs & investors to help make the best investment decisions by looking at multiple emerging markets & their potential revenue. This new feature aims to help create a strategic planning technique and makes investment analysis efficient.

Airbnb Data
Airbnb Data

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