Tag: Popular

Airbnb Success in the UK: Simon Saintly found a 10x more profitable Airbnb market with Airbtics

Post author By Ramon Meris
Post date July 13, 2023

How Simon Was Led to A New Airbnb Market Over 10% More Profitable than His Original One

Did Airbtics data help you in making that decision, in what way?

“Yes! The yield % was better according to your system.”

Simon Saintly

Embarking on an Airbnb venture can be daunting for investors, both new and experienced. The challenge lies in pinpointing the right market for success. Yet, many investors, like Simon Saintly from the UK, often find themselves second-guessing their initial market choice. This makes them seek a more profitable path.

There is certainly a huge risk when you venture into this business. However, there’s also a high return on investments. So, how can an Airbnb investor be assured that he’s on the right path to success in the short-term rental business industry?

This is where Airbtics comes in!

Enter Airbtics, the data-driven compass for Airbnb success used by many investors like Simon. Each step he took with Airbtics brought him closer to an investment choice that resonated with both logic and intuition. Let’s delve into how he found a new market 10x more profitable than his original one!

How Simon found a new market 10x more profitable than his original choice

Did Airbtics data help you in making that decision, and in what way? “Yes! The yield % was better according to your system.” – Simon Saintly, Airbnb Investor

Simon’s First Market Research

Just like you, Simon started his journey by searching for a profitable market. There are a handful of data analytics tools for short-term rental investors, and his top choice is Airbtics due to its data accuracy, custom market feature, and data granularity.

In the Airbtics dashboard, he delved into the revenue potential of various markets. Gloucester emerged as an early contender, promising an enticing £34,714 in annual revenue for a 2-bedroom property.

On average, all Airbnb listings in Gloucester had a month-on-month (MoM) change in revenue of +25% and a yearly revenue potential of £24,844. A strong start for the search for a profitable Airbnb market, indeed.

Which one is better? Bristol vs Gloucester

Simon kept searching for a profitable market in the UK until he found the right one. With the Airbtics 5 market plan, you can search up to 5 custom markets every month for only $119/mo.

Simon could still search for 4 more, and he searched for Bristol as his second one. The numbers spoke volumes: £14,517 annual revenue in Bristol paled in comparison to Gloucester’s potential. The power of data became glaringly evident.

Mapping out other Airbnb Markets

After checking 2 markets, Simon then ventured into Airbtics’ Custom Market, tailoring his search around Blackpool. While revenue showed promise, a negative MoM change (-13%) cast doubt.

Next, he mapped another one. It was Newcastle upon Tyne and neighboring areas this time. The 1,184 active listings in his custom market had another negative MoM change and an average revenue potential of £15,145.

Calculating Returns with Airbnb Income Calculator

Seeking validation, Simon turned to the Free Airbnb Income Calculator. A revelation awaited him: Cheltenham £44,180 and Bristol £49,427, both flaunting enticing annual revenues. But the growth factor held the key to his ultimate choice.

Cheltenham won with staggering +95% MoM Growth!

But wait, revenue isn’t the sole king. It’s actually the growth factor. Bristol’s potential dazzled, yet its MoM growth was a mere flicker. Cheltenham stole the spotlight with a staggering +95% MoM growth. Suddenly, the choice wasn’t just about numbers; it was about seizing momentum and driving success.

After a long search, Simon found his profitable Airbnb market

Today, Simon stands as a beneficiary of the potential that awaits those armed with data-driven insights. With a property secured in Cheltenham, he’s poised to embark on this exciting new chapter of Airbnb hosting! His journey started with doubt, but Simon turned to Airbtics as a companion to set his short-term rental success!

In each of these stages, Simon’s journey with Airbtics was filled with the use of both data and intuition. His transformation from an uncertain investor to a confident decision-maker underscores the power of informed choices and their ability to shape a future brimming with huge potential.

“Whether first-time or seasoned, Airbnb investors like me already have a specific market in mind. However, not all of them end up entering their initial prospective market. Some may opt for a much better one especially if they see better short-term rental metrics.”

Ready to embark on your own journey to Airbnb success? Start your search today. Don’t leave your investment decisions to chance. Join the ranks of savvy investors like Simon and harness the power of data-driven insights with Airbtics by discovering more profitable areas to buy Airbnb property in the UK.

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Tutorials

How to Analyze a Market using Dynamic Data – Airbtics Tutorial

Post author By Janica Solis
Post date June 22, 2023

Airbnb profit –

In the fast-paced world of property investment, static data simply won’t cut it. Welcome to a new era of success with dynamic analytics provided by Airbtics. Gain a competitive edge as you access real-time insights that adapt as you explore different locations on the map. Witness the transformation of key metrics like potential revenue, occupancy rate, nightly rate, and property details with every move.

Static Data vs Dynamic Data: Which one is better?

When we talk about static data, it means the data is in a stationary state and is likely not modified; while dynamic data is likely to change and periodically updated.

In terms of market analysis in short-term rental investments, dynamic analytics is most useful since it provides up-to-date insights that could help any investors and managers to analyze market trends.

Comparison: Static Data vs Dynamic Data

Static Data Sample

You can see here that the Average Daily Rate, Occupancy Rate, and Revenue aren’t changing when you move the map to a specific location.

Dynamic Data Sample

While on dynamic analytics, data changes when you move your map to your preferred area.

Airbnb profit

Unfortunately, not all data analytics tools offer dynamic data. Airbtics is the most trusted app for this must-have feature. In this tutorial, we will go through how you can use it to maximize the potential of your investment to increase cash flows.

Leverage Dynamic Analytics to Your Own Advantage

Search a market that you want to analyze

Input a town, city, or neighborhood using the Insights Tab. You can also customize your search by drawing an area on the map. Learn how to customize your market with this in-depth tutorial.

Start moving your map to have the full experience!

Every time you move your map, all data from the potential revenue, occupancy rate, and nightly rate, to property type, size, and channel will also change depending on what the map covers in the dashboard. This feature allows every investor and manager to analyze the market with customizability and accuracy.

For instance, you want to know the market in Downtown Oklahoma City. Just zoom in on the specific area to capture the data.

Use color-coded heatmap for deeper insights

Let’s say, you are aiming to analyze Airbnb listings with >$30k and <$332.6k annual revenue. Use the color-coded heat map to filter out the visibility of the data in the map. For instance, you’ll discover that there are only 140 listings in Oklahoma City that have this range of annual revenue.

Potential revenue, occupancy rate, nightly rate, and property size will also change depending on your chosen range. In short, the app will automatically calculate the potential revenue of your preferred listings without the hassle of doing it by yourself. This lies the power of having dynamic data!

By using the color-coded heatmap, you can analyze which has the biggest returns per property size and decide whether it is better to invest in a 4-bedroom property or a studio apartment in Oklahoma City.

Customize your Search with Advanced Filter

Another powerful feature in the Airbtics dashboard is its Advanced Filter. Let’s say, you decided to go for a 5-bedroom apartment in Oklahoma City with potential revenue of $129k.

However, you would like to know how many listings are there if you will purchase a property with a pool and parking. In this case, you can use the Advanced Filter to customize the visible data in the dashboard.

Data will re-generate according to your filters. Based on our example, it looks like there are 11 Airbnb listings in Oklahoma City that have a pool and parking with an annual revenue potential of $103k. You may also view the details of your potential competitors (eg. Luxurious Country Chic Farm) and check their performance.

Become a better decision-maker with Dynamic data

It may look a little complicated for rookies, but having all these data at your fingertips can help you make better decisions for your business and investment. For instance, you realized investing in a 5-bedroom in Oklahoma won’t give you better returns. Then it’s better to look for another market.

Just repeat the steps of searching for a market and maximize the features of our dashboard. It’s fast and easy with dynamic analytics compared to static ones. You save the most valuable thing in this world–your time.

Tags Popular, Tutorials

Airbnb Investment All About Airbnb

Top 10 Profitable Airbnb Locations in the UK

Post author By Robyn Peña
Post date January 20, 2023

Top 10 Profitable Airbnb Locations in the UK: Learn about the top 10 most profitable Airbnb locations in the UK and how to calculate your potential revenue!

Home > Resources > Airbnb Investment >

Top 10 Profitable Airbnb Locations in the UK

Learn about the top 10 most profitable Airbnb locations in the UK and how to calculate your potential revenue!

January 13, 2024

If you are looking for the best city & area to invest in the UK this summer season, continue reading! In this article, we’ll feature the top 10 most profitable Airbnb cities in the UK along with important key metrics including occupancy rates, annual revenue, average daily rates (ADRs), domestic and international travel origins, and so much more!

Airbnb’s Trending Summer Destinations

Have you heard the news? Airbnb’s summer travel trend indicated all the profitable cities that Airbnb guests have booked this summer until August 31st, 2022! According to their recently released article, Airbnb guests have already booked in 72,000 different cities and towns for the entire summertime.

Since the pandemic started, remote workers from all over the world have had immense flexibility to take their work with them while they are at their preferred travel destination. This is why Airbnb occupancy rates in digital nomad cities have been popular since remote workers have rapidly increased over time!

Airbnb hosts in the UK have made their way to maximize their profitability in 2022. In fact, Airbnb news declared that remote hosts have earned over £4,500 in the last summer.

According to Airbtics, hosts in the UK can expect an average monthly revenue of £2,414. To be more specific, we’ve taken a look at Hornsea, the top seaside destination in the UK in 2022. Airbtics’ data also shows that a 1-bedroom property in Hornsea can generate £19,647 annually.

But where is the most profitable city for Airbnb in the UK?

In this article, we’ll reveal the top 10 profitable Airbnb areas in the UK, along with some expert tips on how to become a successful host. Continue reading to learn more!

Can I Start an Airbnb Business in the UK?

The simple answer is YES! There are certain Airbnb startup costs that you have to be prepared for. You can start an Airbnb business with two options:

1. Purchasing a Property

If your loans and budget are in line with your target property price, we still recommend you run the numbers. Owning a property can be an exciting journey, but it can also drain the money in your bank!

Before you purchase a property, it’s practical to use an Airbnb profit calculator to make an in-depth analysis. This does not solely predict a property’s profitability. But it also gives options to look at undervalued properties that can turn into excellent investments. If you need a mortgage to purchase your Airbnb, you can also use these calculations to gauge how much you can borrow towards your purchase, as the projected rental income can be included in the affordability.

2. Rental Arbitrage

This option is highly recommended for investors who want to test the waters first! Do you have a limited budget but endless dreams to make passive income? Then rental arbitrage might be the best choice for you.

Rental arbitrage is a process of subletting properties (as allowed by landlords) for the sole purpose of Airbnb. While it’s a challenge to find landlords that allow this, there are several forums that you can participate in to find one!

Pro Book

Deeper STR Insights. Broader Investment Opportunities.

Want to go deeper, broader, and faster? Supercharge your Airbnb Investment by accessing the most in-depth Airbnb & real estate insights with our exclusive STR report.

Top 10 Profitable Airbnb Locations UK

1. London

Home to the famous Big Ben and Buckingham Palace, London is one of the most profitable Airbnb cities in the UK. Visit Britain confirms that this city welcomed over 7.4 billion tourists in 2022! Check out the Airbnb data in London:

Average Property Price (1-bedroom): £1,074,076
Airbnb Annual Revenue: £25,038
Gross Rental Yield: 2.33%

Check out other London rental market trends to target the right location!

2. Sunderland

Sunderland is not only known for its electronic and motor manufacturing, but also for its low cost of living! This city was marked as the third most affordable city in the UK by Prospects Luminate in 2021. Here is the Airbnb data in Sunderland:

Average Property Price (1-bedroom): £157,344
Airbnb Annual Revenue: £13,623
Gross Rental Yield: 8.66%

3. Glasgow

Recognized by UNESCO as the City of Music, Glasgow is certainly known for its music, arts, and architecture. The Glasgow Government has also noted more than 3 million tourist arrivals every year! Discover the Airbnb data in Glasgow:

Average Property Price (1-bedroom): £199,181
Airbnb Annual Revenue: £22,803
Gross Rental Yield: 11.45%

4. Newcastle

Newcastle upon Tyne takes you back to Britain’s medieval past – which is why it’s a favorite! Aside from its wondrous castles and bridges, this city offers great investment opportunities. Here is the Airbnb statistics in Newcastle:

Average Property Price (1-bedroom): £106,799
Airbnb Annual Revenue: £21,755
Gross Rental Yield: 20.37%

5. Nottingham

This beautiful cosmopolitan city is known for its class shopping and cultural art scene. If you’re looking to invest in a city with various student investment properties, Nottingham is highly recommended! Check out the Airbnb data in Nottingham:

Average Property Price (1-bedroom): £137,199
Airbnb Annual Revenue: £19,022
Gross Rental Yield: 13.86%

6. Blackpool

The annual visitors to Blackpool have remarkably increased in 2022. INews UK states that this city has welcomed over 5.1 million visitors from Jan-Feb alone! Some of its popular attractions are Sandcastle Park and Blackpool Tower. Here are the recent Airbnb statistics in Blackpool:

Average Property Price (1-bedroom): £74,295
Airbnb Annual Revenue: £17,053
Gross Rental Yield: 22.95%

7. Sheffield

Sheffield is not only the home to the oldest football club in the world, but also to its vast green spaces. Some of its most popular tourist attractions are the Botanical Gardens and Tropical Butterfly House. Check out the Airbnb data in Sheffield:

Average Property Price (1 bedroom): £222,373
Airbnb Annual Revenue: £20,810
Gross Rental Yield: 9.36%

8. Belfast

If you’ve ever watched and idolized the film Titanic, then you’ll understand why Belfast welcomes more tourists every year! Belfast is the capital city of Northern Ireland and offers several investment opportunities. Discover the recent Airbnb findings in Belfast:

Average Property Price (1-bedroom): £109,052
Airbnb Annual Revenue: £26,366
Gross Rental Yield: 24.18%

9. Cardiff

Looking to invest in a property surrounded by castles? Cardiff is the best city to do so! Its Victorian & Edwardian architecture is certainly some of the tourists’ faves. Here is the Airbnb data in Cardiff:

Average Property Price (1-bedroom): £291,255
Airbnb Annual Revenue: £22,662
Gross Rental Yield: 7.78%

10. Edinburgh

Last but not least – the beautiful Edinburgh. Known for its UNESCO World Heritage sites and festivals, this city is a favorite destination for cultural pursuits and families. Check out the recent Airbnb statistics in Edinburgh:

Average Property Price (1-bedroom): £215,402
Airbnb Annual Revenue: £39,784
Gross Rental Yield: 18.47%

How to Become an Airbnb Host UK?

You can become an Airbnb host in the UK by registering at this link. Considering you’re passed the next step: local Airbnb laws, necessary requirements, and running the numbers. So what’s next? The next step is to prepare your room for hosting! When starting an Airbnb business in the UK, it’s ideal to create a full list of essentials.

Before you list your space on Airbnb, here are a couple of reminders to ask yourself:

What do you need to beautify the space?
What amenities will you offer that your competitors don’t?
How will you promote and strategize to get bookings?
How will you set your pricing strategy to earn more profit?

Top 3 Expert Tips for Starting an Airbnb Business in the UK

Whether you’re a beginner or a pro in the industry, each expert tip is a must-know! Here are the top 3 tips when starting an Airbnb business:

1. Run the Numbers

We mentioned the essence of running the numbers – but how? Using an Airbnb analytics tool, you can get accurate data for your target city. Not only will you predict profitability, but also price better by spying on your competitors.

2. Highlight your Unique Selling Points

Let’s imagine that all of your competitors in the area have outdoor pools. Since these are widely adored by guests, maybe you can step up the game by having an outdoor jacuzzi!

Highlighting your property’s unique selling points will not only bring you more bookings but stand out from the rest.

3. Think Like a Guest

If you were to see your listing on Airbnb, would you book it? Why or why not? Looking from a guest’s perspective will certainly help you leverage your game and consider improving.
For instance, if the photos in your property are blurry and have limited descriptions, you might be discouraged as a guest. So you can learn how to take the best Airbnb photos or hire a professional photographer!

Summary

Now that you have a complete picture of the top profitable Airbnb locations in the UK, don’t stop there! Knowing the most profitable Airbnb cities is not enough as the data may vary if you want to target a specific neighborhood. Using an Airbnb income calculator, you can compare markets in real-time, spy on your competitors within the area, and make the best investment decision.

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Airbnb Investment All About Airbnb

100 Best Places for Airbnb in 10 regions [2024]

Post author By Ramon Meris
Post date August 16, 2022

Discover the 100 best places for Airbnb in 2024. Find out essential metrics and start paving the way for lucrative opportunities!

Home > Resources > Airbnb Investment >

100 Best Places for Airbnb in 10 regions [2024]

Discover the 100 best places for Airbnb in 2024. Find out essential metrics and start paving the way for lucrative opportunities!

December 27, 2023

100 Best Places for Airbnb in 10 regions [2024]

Looking for the best places for Airbnb has always been a persistent challenge for many investors. And it will undoubtedly remain a top consideration in the future.

The revolution that Airbnb started in the hospitality industry gave birth to another one.

No longer a mere luxury, Airbnb analytics has proven itself to be a necessity in short-term rental investing.

You no longer have to go high and low to know your next Airbnb city. Armed with precise Airbnb data, we’ll uncover the cities that promise unparalleled returns. Get ready for an exhilarating journey into the heart of strategic Airbnb investing!

What to Look for in an Airbnb Location?

Knowing the best places for Airbnb is important to maximize ROI. In fact, location can either make or break your investment. Believe it or not, the best Airbnb cities share one or a few things. So, here’s what you have to look out for.

1. High Tourist Traffic

In general, short-term rentals are the best alternative to expensive hotels. So, tourism should be the number one consideration when starting an Airbnb. The most profitable Airbnb locations are close to tourist attractions such as beaches, mountains, historical sites, and national parks. Urban business districts are underrated Airbnb hotspots. Bustling cities with financial centers are often overlooked as top Airbnb locations.

All these sites should be accessible via reliable public transportation. Consider that your guests are only in town for a very short time. And nobody wants to spend their precious time shuttling back and forth between tourist sites.

2. Airbnb Metrics

Airbnb KPIs are essential for any hosts, investors, and property managers. In fact, you can easily identify the Best Airbnb cities just by looking at the KPIs. So, take note of the following:

Airbnb Occupancy Rate – Guage the success of the market by calculating the ratio of the total booked nights to the total available nights of all listed properties.
Average Daily Rate – This is the daily average amount that hosts can earn in a market. You can compute this by dividing the total booking revenue by the total number of nights booked for all listed properties.
Revenue Per Available Listings – RevPAL measures the profitability of individual short-term rental properties. It can assess the overall health of an Airbnb market, going beyond a mere snapshot of individual listings.
Airbnb Average Length of Stay – This metric refers to the average number of nights that have been booked by individual guests. This can be calculated by dividing the total nights booked by the total number of individual guest bookings.

3. Airbnb Rules and Regulations

Navigate the path to success with a clear understanding of local short-term rental rules and regulations in your preferred area. Each city has its unique set of guidelines, and some locations enforce stringent measures in compliance with local laws. You should always prioritize compliance to safeguard your investment and foster positive relationships with the local community.

Methodology

Finding profitable locations for short-term rentals can be quite a challenge as there are many aspects that investors should consider. Having said that, it’s crucial to conduct thorough market research considering factors like high-demand areas, affordability, and what type of competitors you will have around you. Additionally, it’s essential to understand local regulations and tax implications in the area where you want to host Airbnb guests.

To pinpoint the best locations for Airbnb listings, we considered the market proximity to tourist attractions, its popularity as a travel destination, its infrastructure and accessibility, and of course, the area’s potential revenue, median occupancy rates, and seasonality. For the last few metrics, we relied on the Airbtics Dashboard to get reliable insights into the different markets and choose the best areas that can generate a good cash-on-cash return.

Thanks to this, we could come up with the 10 best cities for STR listings in countries where Airbnb is considered a major economic force:

The Best Places for Airbnb in 2024

United States


City	Airbnb Listings	Airbnb Annual Revenue	Median Occupancy Rate	Average Daily Rate	Median Property Price
Paris	10,639	€52,745	95%	€166	€763,741
Nice	10,087	€34,682	91%	€109	€386,319
Annecy	2,628	€27,247	77%	€98	€467,884
Bordeaux	4,152	€26,601	83%	€90	€355,918
Aix-en-Provence	2,720	€23,570	77%	€88	€402,632
Strasbourg	2,283	€23,430	80%	€83	€299,564
Marseille	11,326	€22,542	76%	€85	€283,251
La Rochelle	3,841	€22,109	77%	€80	€377,421
Lyon	5,430	€21,036	78%	€76	€384,095
Nantes	2,678	€17,073	77%	€63	€262,537

Spain


City	Airbnb Listings	Airbnb Annual Revenue	Median Occupancy Rate	Average Daily Rate	Median Property Price
Barcelona	12,926	€38,964	87%	€131	€440,000
Madrid	2,651	€37,869	85%	€87	€523,146
Girona	460	€31,465	84%	€101	€278,294
Malaga	7,209	€30,792	86%	€102	€369,309
Bilbao	1,531	€29,032	78%	€100	€364,120
Valencia	7,524	€28,661	87%	€94	€305,995
Sevilla	6,438	€25,462	73%	€97	€248,206
Alicante	3,713	€25,090	79%	€88	€260,265
Costa Teguise	701	€24,244	90%	€73	€188,830
Tarragona	655	€24,110	67%	€98	€162,341

Italy


City	Airbnb Listings	Airbnb Annual Revenue	Median Occupancy Rate	Average Daily Rate	Median Property Price
Venice	6,835	€45,255	85%	€146	€480,000
Como	1,186	€44,784	87%	€144	€476,600
Florence	9,188	€40,690	92%	€125	€495,000
Rome	3,056	€36,331	96%	€109	€599,600
Verona	2,290	€33,584	81%	€120	€425,000
Bergamo	912	€28,047	89%	€91	€420,000
Bologna	3,630	€27,274	86%	€95	€480,000
Pisa	1,139	€26,363	86%	€91	€460,000
Naples	7,665	€25,486	84%	€88	€440,000
Palermo	5,084	€21,268	81%	€75	€264,000

United Kingdom


City	Airbnb Listings	Airbnb Annual Revenue	Median Occupancy Rate	Average Daily Rate	Median Property Price
Edinburgh	6,730	£42,964	91%	£135	£335,486
London	10,164	£31,418	86%	£110	£724,718
Glasgow	2,289	£28,047	77%	£104	£209,618
Bristol	2,182	£24,987	78%	£90	£388,242
Manchester	2,166	£21,663	66%	£93	£292,298
Newcastle	734	£21,582	62%	£98	£211,374
Leeds	1,376	£20,115	69%	£85	£250,680
Aberdeen	680	£19,816	73%	£74	£182,766
Nottingham	1,106	£18,789	64%	£91	£254,681
Sheffield	1,046	£18,107	64%	£81	£238,222

Australia


City	Airbnb Listings	Airbnb Annual Revenue	Median Occupancy Rate	Average Daily Rate	Median Property Price
Byron Bay	1,106	A$100,445	62%	A$451	A$238,222
Esperance	142	A$65,215	71%	A$255	A$500,000
Hobart	1,019	A$61,122	74%	A$227	A$841,500
Busselton	495	A$61,111	67%	A$245	A$682,500
Newcastle	1,063	A$55,245	62%	A$255	A$791,000
Adelaide	3,596	A$53,382	73%	A$199	A$900,000
Perth	4,079	A$52,608	90%	A$160	A$855,000
Melbourne	413	A$50,609	78%	A$190	A$918,350
Launceston	506	A$50,555	70%	A$119	A$655,000
Brisbane	4,500	A$49,780	85%	A$163	A$742,500

Canada


City	Airbnb Listings	Airbnb Annual Revenue	Median Occupancy Rate	Average Daily Rate	Median Property Price
Whitehorse, YT	233	C$51,082	81%	C$169	C$625,000
Victoria, BC	1,227	C$48,286	82%	C$159	C$721,000
Quebec City, QC	1,390	C$46,892	75%	C$162	C$466,319
Chilliwack, BC	348	C$42,915	74%	C$165	C$853,000
Montreal, QC	7,170	C$37,152	74%	C$143	C$539,000
St. Chaterines, ON	359	C$35,187	66%	C$146	C$571,000
Winnipeg, M	1,495	C$24,955	72%	C$95	C$370,000
Saskatoon, SK	656	C$24,296	80%	C$82	C$380,000
Edmonton, AB	2,765	C$24,266	71%	C$88	C$380,827
Ottawa, ON	585	C$21,579	69%	C$91	C$635,000

Japan


City	Airbnb Listings	Airbnb Annual Revenue	Median Occupancy Rate	Average Daily Rate	Median Property Price
Tokyo	11,464	¥4,459,204 ($31,789)	91%	¥14,038 ($98)	¥62,510,000 ($429,116)
Kyoto	3,435	¥3,823,505 ($26,693)	73%	¥14,897 ($104)	¥34,190,000 ($234,706)
Yokohama	171	¥3,506,229 ($24,478)	75%	¥11,889 ($83)	¥34,520,000 ($236,971)
Kobe	144	¥3,454,089 ($24,114)	61%	¥14,324 ($100)	¥23,590,000 ($161,939)
Sapporo	1,176	¥3,452,084 ($24,100)	69%	¥11,746 ($82)	¥20,010,000 ($137,364)
Fukuoka	979	¥3,302,828 ($23,058)	81%	¥11,316 ($109)	¥21,850,000 ($149,995)
Hiroshima	391	¥3,076,365 ($21,477)	62%	¥511,316 ($79)	¥22,670,000 ($155,624)
Osaka	6,902	¥2,853,198 ($19,919)	79%	¥10,027 ($70)	¥30,000,000 ($205,943)
Nagoya	453	¥2,676,439 ($18,685)	66%	¥10,313 ($72)	¥23,170,000 ($159,056)
Okinawa	109	¥2,454,131 ($17,133)	53%	¥10,600 ($74)	¥34,300,000 ($235,461)

Mexico


City	Airbnb Listings	Airbnb Annual Revenue	Median Occupancy Rate	Average Daily Rate	Median Property Price
Puerto Peñasco	1,831	MXN467,765 ($26,945)	42%	MXN2,899 ($167)	MXN3,326,197 ($191,923)
Puerto Vallarta	6,579	MXN398,169 ($22,936)	60%	MXN1,840 ($106)	MXN4,000,000 ($230,802)
San Miguel de Allende	261	MXN297,186 ($17,119)	44%	MXN1,805 ($104)	MXN6,100,000 ($351,973)
Tulum	6,893	MXN245,071 ($14,117)	48%	MXN1,371 ($79)	MXN6,585,731 ($380,000)
Playa del Carmen	10,685	MXN232,155 ($13,373)	56%	MXN1,128 ($65)	MXN6,000,000 ($346,203)
Mexico City (CDMX)	14,998	MXN222,677 ($12,827)	68%	MXN885 ($51)	MXN6,400,000 ($369,283)
Cancun	6,866	MXN210,473 ($12,124)	60%	MXN1,007 ($58)	MXN7,900,000 ($455,834)
Merida	4,698	MXN158,028 ($9,103)	55%	MXN816 ($47)	MXN4,600,000 ($265,422)
Guadalajara	5,072	MXN152,490 ($8,784)	57%	MXN764 ($44)	MXN4,600,000 ($265,422)
Oaxaca	3,767	MXN137,908 ($7,944)	47%	MXN833 ($48)	MXN3,194,080 ($184,300)

Portugal


City	Airbnb Listings	Airbnb Annual Revenue	Median Occupancy Rate	Average Daily Rate	Median Property Price
Cascais	829	€40,862	82%	€141	€690,000
Lagos	2,725	€34,319	84%	€116	€575,000
Lisbon	13,044	€34,094	95%	€101	€600,000
Funchal	1,880	€31,425	100%	€93	€550,000
Olhao	551	€30,203	80%	€104	€340,000
Ericeira	742	€29,932	77%	€108	€525,000
Oeiras	340	€27,258	85%	€95	€450,000
Sintra	552	€26,894	75%	€98	€399,000
Porto	8,603	€25,655	88%	€81	€485,000
Faro	914	€25,359	82%	€87	€390,000

How To Find the Best Places for Airbnb

Use only the best analytics tool to find the top Airbnb locations. As a tip, we recommend you focus on those that can provide Airbnb dynamic data, which not all platforms have. In the past, it was quite a challenge to find apps that offer this type of dataset, but sites like Airbtics have taken the helm to provide this resourceful service to investors!

Imagine exploring the best Airbnb cities while getting useful dynamic data that can make things easier for you. It’s possible with the Airbtics Dashboard since you can easily collect important information such as the average revenue, occupancy rates, nightly rates, and seasonality, among others.

Your search begins by simply typing the name of your target Airbnb city. As you go along, you can use this Airbnb Property Search Spreadsheet to help you make informed and data-backed investment decisions.

You will now have a better view of your target Airbnb location. And if you happen to have a list of Airbnb cities, then the one with the highest gross rental yield is your best Airbnb location!

The Best Places for Airbnb Never End in Cities

Being more specific with the most profitable Airbnb locations leads you EXACTLY where the money is.

Navigating the map is the best part of dynamic data! By simply moving and zooming in and out of your map, the data will also update accordingly! And in less than five minutes, you can identify the most lucrative part or neighborhood within your Airbnb city.

Then, save the most profitable neighborhoods by creating an Airbnb custom market. You’re already creating an Airbnb submarket.

Let me reiterate: With the Airbtics Dashboard, you can effortlessly create and access your city or submarket without unlocking them separately. And since this is a custom market feature, you decide whether or not you want to follow formal geographical boundaries!

Have fun playing around with the filters to go the extra mile with less effort in your property search. We put them there for a reason!

Use filters to figure out the best Airbnb property type, the best number of Airbnb bedrooms and many more in very specific locations.

Unlock Profitable Markets with Rental Analytics

Guided by short-term rental analytics, we have learned the best places for Airbnb investment. However, the search should not end with the most profitable Airbnb locations.

You can further optimize your ROI by adding additional steps that will take you to higher earnings. This includes finding the best neighborhoods, property types, and the number of bedrooms. In more formal terms, these are called Airbnb submarket.

This does not have to be complicated. You can find them all as long as you have a reliable Airbnb analytics tool. Airbtics puts ease of use and accuracy together. So you’re assured that you will easily maximize the most comprehensive and accurate Airbnb data.

Imagine answering a lot of important questions in Airbnb investing:

The “Where?” – Airbnb City
The “Where Exactly?” – The Most Profitable Neighborhood in the Airbnb City
The “What?” – The House or Condo Dilemma
And “The How Many” – The Best Number of Bedrooms

Find the answers to all of these crucial questions using Airbtics Dashboard! Go and try it for FREE!

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.

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Tags Airbnb Investments, lat_28.3461198, lng_-81.6734086, Popular

Alternatives & Reviews

8 Best AirDNA alternatives for 2024 (Free and Paid)

Post author By hannah mandapat
Post date October 2, 2021

8 Best AirDNA alternatives for 2023 (Free and Paid): Did you know that there are AirDNA alternatives in the market? Check out the indirect competitors of AirDNA and learn how you can innovate!

Home > Resources > Alternatives & Reviews >

8 Best AirDNA alternatives for 2024 (Free and Paid)

Did you know that there are AirDNA alternatives in the market? Check out the indirect competitors of AirDNA and learn how you can innovate!

Last updated March 14, 2024

Fueled by the rise of Airbnb, AirDNA has become known to many Airbnb hosts as a short-term rental analytics tool. This tool allows you to see short-term rental data from any market worldwide.

Most Airbnb hosts need to learn that there are many AirDNA alternatives in 2024! Choosing the right short-term rental analytics application is a hard task. It is probably your first time hearing about the other options or considering subscribing to one.

We have tried our best to list out all the AirDNA alternatives to help you find what’s best for you. Before that, here’s a quick rundown.

Top 3 alternatives

AllTheRooms: Cheapest alternative.

Mashvisor: Alternative for US investment search.

Airbtics: Best alternative for worldwide market research.

Other alternatives

Rabbu: For realtors.

InsideAirbnb: For academia and activists.

BeyondPricing & PriceLabs: For property managers.

We also included one free AirDNA alternative at the end of the article!

What is the use of Short-term Rental Analytics?

1. TO UNDERSTAND THE POTENTIAL CASH RETURN OF A NEW SHORT-TERM RENTAL INVESTMENT

People who are thinking of buying a vacation home need to figure out how much they will make if they buy a certain property. It’s especially important for short-term rental investments because depending upon the location and demand for the property, the net rental yield can vary from 1% to 25% annually. The right data points should allow you to differentiate high-yield properties from low ones.

2. TO INCREASE AIRBNB’S INCOME BY PRICING BETTER

If you already own rentals, pricing is one of the most important aspects if you’d like to increase your revenue. The correct pricing helps you to get more bookings at better prices, attract the right guests, and keep running a profitable short-term rental business! The right short-term rental analytics should provide actionable insights into the prices you should set for your property.

3. TO SET BENCHMARKS BASED ON THE TOP-PERFORMING PROPERTIES

The saying goes, “If you can’t measure, you can’t improve”. If you’d like to improve your short-term rental business, you need to compare your property against the market’s top performers and average performers. What is your property’s performance (occupancy rate, daily rate, booking lead time) when measured against your market? The right short-term rental analytics should allow you to benchmark your property against competitors.

There are two points to mention in our coverage of short-term rental analytics options.

Data quality is important and we measured data quality by the type of metrics shown and the granularity of the data.

Data coverage is another essential factor, and we measured data coverage by geographic coverage and data update frequency. Now, let’s get to the tools we looked at for this article.

Review of Top 8 AirDNA alternatives & competitors

1. Airbtics

Airbtics provides all the short-term rental data for investing in and managing your Airbnb business smarter. Apparently, their data is trusted by the biggest names in the STR industry such as Awning, Vacasa, PropR, TechVestor, and many more!

We gave five stars for data coverage since they cover global markets and update data every day or every week, depending on which plan you choose. For data quality, we would give it five stars because it provide individual booking and pricing projections, guest origin, detailed revenue breakdown, and individual property performance data. Furthermore, they have the best Airbnb Calculator.

The only downside is that their pricing isn’t as cheap as other providers. (Updated as of Aug 2023: Their pricing is now lower, $59/starter plan) Unlike AirDNA, this STR analytics tool provides a 15-day money-back guarantee, which means if you aren’t happy with their service, you can cancel your subscription. Nevertheless, Airbtics customers seem to be pretty happy with the value they’re getting.

Alongside this, you can book a free consultation call with their customer support if you want more guidance in finding the best places to invest.

Another great thing about Airbtics is, that they also provide custom data and API for vacation rental managers and in-depth STR reports for property investors who would like to make faster and smarter decisions.

2. AllTheRooms Analytics

AllTheRooms Analytics helps you to analyze short-term rental markets and monitor your short-term rental competition.

First, we gave four stars for data coverage since they cover global markets, but they don’t clearly state how frequently they update their data. What our analysts found is that their market data seems to be updated every month.

Secondly, we gave three stars for data quality because AllTheRooms provides supply, booking lead time, and future booking data at the market level. Unlike Airbtics, the platform doesn’t have guest origin or individual property performance data. All The Rooms have basic and pro plans which cost $19 and $49 per month. Their filter allows you to get insights into the market performance of various types of properties and has a few more options than AirDNA.

3. Mashvisor

Mashvisor helps property investors immediately find out what kind of returns a property will provide and what you need to outperform the rental market. We gave one star for data coverage since Mashvisor only has U.S. market data.

Next, we gave two stars for data quality because Mashvisor doesn’t provide details for important metrics like booking lead time, property level future pricing data, extra guest fees, and the like.

Even though they don’t provide detailed short-term rental metrics, their pricing seems to be attractive for U.S. property investors.

You can now explore market data of a few U.S. neighborhoods at $60/quarter.

4. Data Rabbu

Data Rabbu is an online platform that tracks the performance of Airbnb properties in the USA. Particularly assisting real estate investors and property managers to determine profitability and optimize business, Data Rabbu offers end-to-end property management services. Although it has a feature that presents insights into Average Daily Rates, Occupancy Rates, and Monthly Revenue, one of the downsides of using Data Rabbu is it could be difficult for new users to navigate data. It’s also limited to accessing data only within the USA, therefore, property investors who want to invest in other places outside America will need to use the right software that focuses on short-term rental analytics with the option to analyze data from other countries in the world.

Data Rabbu is free to use!

5. STR Insights

STR Insights is a new option that features the US market for your short-term rental property. Similar to other short-term rental tools, STR insights presents comprehensive data for revenue potential and property values. According to their website, a monthly subscription with STR insights costs $390/mo. On a personal note, it’s a little difficult to gauge this software’s reliability as there aren’t a lot of user reviews yet.

8. WheelHouse, PriceLabs, DPGO and others

Before we sum up, we’d also like to mention the above dynamic pricing solution providers in this post since AirDNA also offers future pricing data to properly set a price for your rentals. But did you know that these dynamic pricing tools also show some basic market insights and advanced pricing data for your markets? If you already manage properties and you are looking for a tool for pricing, these 3 tools are for you.

Still, many tech-savvy revenue managers (or Airbnb hosts) are not happy with dynamic pricing solutions because they constantly have to override the suggestions. If this sounds reasonable to you, you may want to check out Airbtics CompSet page, which allows you to build your own Competitor Sets and track their next 365 days’ rates and booking situations.

To learn more, here is a youtube video that explains more about the CompSet feature.

What are the best AirDNA alternatives?

To sum up, Airbtics, AllTheRooms, and SeeTransparent are AirDNA’s direct competitors. On the other hand, Mashvisor, WheelHouse Pricing, and Beyond Pricing are AirDNA’s indirect competitors.

After our analysts compared all the tools, they concluded that Airbtics is the best AirDNA alternative based on our criteria (data volume, data coverage, pricing). Here are the things we liked best about Airbtics:

Covers markets globally and has daily updated data
Has 12 months of projected pricing data at the property level
Features historical individual listing performance data
Has advanced filtering options

A growing number of people are choosing Airbtics over AirDNA in 2024, but as you can see, choosing the right short-term rental analytics tool for your property investment or Airbnb management business requires you to evaluate quite a few things! Not a simple task. Hope our post guided you a little better.

Are there any free AirDNA alternatives?

InsideAirbnb: It’s a free website launched by Murray Cox in 2016 to debunk illegal Airbnb listings in NYC. It only has coverage in a few cities. Therefore, if you are looking for data points for investing or managing Airbnb, this might not be the best tool.

Notable Mentions

Awning is a property management company that provides free short-term rental insights for the US nationwide. Their data is powered by Airbtics! Although their data is mainly from 2022, this can give you a quick insight into your market.

SeeTransparent is another company providing short-term rental data. They mainly focused on the European region. They were acquired by OTA Insight in 2022. Now, they renamed their product as “Lighthouse“.

Conclusion

In summary, there is a wide variety of best short-term rental analytics in the market that are extremely reliable and accurate. Airbnb investors should certainly not make impulsive decisions without conducting thorough market research.

It’s 2024 – and you shouldn’t settle for less! Basing your investment decisions on guesses and intuitions are no longer applicable in the digital era. The AirDNA alternatives mentioned in this article will open doors to even greater opportunities to leverage your business.

Whether you are a property investor, manager, or an Airbnb host running a short-term property business, it’s highly recommended to check on several alternatives to find the best fit for you. With the help of comprehensive and updated STR software like Airbtics, you can stand out from vast competitors within your area and make the wisest investment decisions based on accurate data.

Tags Alternatives, pillar, Popular

Simon Saintly

This is where Airbtics comes in!

How Simon found a new market 10x more profitable than his original choice

Simon’s First Market Research

Which one is better? Bristol vs Gloucester

Mapping out other Airbnb Markets

Calculating Returns with Airbnb Income Calculator

Cheltenham won with staggering +95% MoM Growth!

After a long search, Simon found his profitable Airbnb market

Static Data vs Dynamic Data: Which one is better?

Comparison: Static Data vs Dynamic Data

Static Data Sample

Dynamic Data Sample

Leverage Dynamic Analytics to Your Own Advantage

Search a market that you want to analyze

Start moving your map to have the full experience!

Use color-coded heatmap for deeper insights

Customize your Search with Advanced Filter

Become a better decision-maker with Dynamic data

Top 10 Profitable Airbnb Locations in the UK

Top 10 Profitable Airbnb Locations in the UK

Airbnb’s Trending Summer Destinations

Can I Start an Airbnb Business in the UK?

1. Purchasing a Property

2. Rental Arbitrage

Deeper STR Insights. Broader Investment Opportunities.

Top 10 Profitable Airbnb Locations UK

1. London

2. Sunderland

3. Glasgow

4. Newcastle

5. Nottingham

6. Blackpool

7. Sheffield

8. Belfast

9. Cardiff

10. Edinburgh

How to Become an Airbnb Host UK?

Top 3 Expert Tips for Starting an Airbnb Business in the UK

1. Run the Numbers

2. Highlight your Unique Selling Points

3. Think Like a Guest

Summary

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100 Best Places for Airbnb in 10 regions [2024]

100 Best Places for Airbnb in 10 regions [2024]

100 Best Places for Airbnb in 10 regions [2024]

What to Look for in an Airbnb Location?

1. High Tourist Traffic

2. Airbnb Metrics

3. Airbnb Rules and Regulations

Methodology

The Best Places for Airbnb in 2024

United States

Spain

Italy

United Kingdom

Australia

Canada

Japan

Mexico

Portugal

How To Find the Best Places for Airbnb

The Best Places for Airbnb Never End in Cities

Unlock Profitable Markets with Rental Analytics

Quick Links

Quick Links

Keep Reading

8 Best AirDNA alternatives for 2024 (Free and Paid)

8 Best AirDNA alternatives for 2024 (Free and Paid)

What is the use of Short-term Rental Analytics?

Review of Top 8 AirDNA alternatives & competitors

1. Airbtics

2. AllTheRooms Analytics

3. Mashvisor

4. Data Rabbu

5. STR Insights

8. WheelHouse, PriceLabs, DPGO and others

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