After researching short-term rental occupancy on the books and advertised daily rates for these holiday periods, we find that overall, both STR occupancy and rates during Christmas and New Year’s Eve are surpassing pre-pandemic levels in most key markets.
Revenue Management
Short-term rental rates in Scandinavia rising past pre-pandemic levels
Short-term rentals in Scandinavia have recovered, and we look at Finland, Norway, Sweden, and Denmark during the summer and winter to look for insights in occupancy, average daily rate, and supply.
Boom in short-term rental occupancy & rates in ski markets globally
We have run analysis on winter short-term rental occupancy on the books (OOTB) and average daily rates (ADR) in some of the most prolific ski markets around the globe: Chamonix-Mont-Blanc, France; Saint Anton am Arlberg, Austria; South Lake Tahoe, California; Vail, Colorado; Whistler, Canada; and Zermatt, Switzerland.
Airbnb reports most profitable quarter in its history
Airbnb is one of the most influential entities in the western vacation rental industry. Since the pandemic, its revenue numbers have rising year after year, amounting up to a whopping 2.9 billion USD. This reflects the companies opulence, as well as the trend of success in the industry as a whole.
Last minute vacation rental bookings: data on value, trends & challenges
Last minute vacation rental bookings add operational stress and are of course by their nature priced differently. Consequently, they are worth tracking & maximizing in terms of their value. In this article we discuss the significance of last minute bookings in different markets, plus their value and challenges relative to other bookings.
3 pacing charts: How well do you know your market’s booking seasonality?
How well do you know your market’s booking seasonality? Through 3 pacing charts of market-specific, seasonal occupancy and pricing vacation rental data, we illustrate the importance of being in tune with booking trends in your market.
Long hot Summer 2022: vacation rental data shows unprecedented demand
We go one step further by publishing our forward looking, on the books occupancy. Guess what – Summer 2022 vacation rental data shows unprecedented demand. See the growth across world regions and European destinations in this article. Explore a real-life example of the importance of this visibility to short-term rental property managers.
US vacation rental rates: most expensive US markets in 2022
US vacation rental rates have been altered by the pandemic and recovery. In this article we reveal the most expensive US markets in 2022, along with those that have seen the biggest increase, and the average change since 1Q2019.
Impact of the 2022 Champions League Final on Paris Short-term Rentals
For property managers, one of the most challenging dimensions of short-term rental pricing strategy is events. One-off events are especially difficult to handle, with property managers blind as to the levels of demand that can be expected without historical data & how to build strategy optimally. Forward-looking data can demystify the picture, so, let’s explore the impact of the 2022 Champions League final on Paris short-term rentals: What’s the change in pricing & occupancy?
Short-term rental pricing: setting optimal variable rates
How do you choose the right price for your short-term rental? We talk seriously about setting optimal variable rates. In reality that ‘right price’ will look different on a different platform or date. This is the fundamental principle of dynamic pricing.
Setting optimal variable rates is crucial to a vacation rental property manager’s bottom line. And, while there’s data to inform and automated pricing tools to implement these rates, it pays to understand the principles. So why not read on?!
Hospitality data: Lines between hotels & short-term rentals continue to blur
As vacation rental supply & demand continue to burgeon, traditional hospitality businesses & their competitive understanding have had to evolve; as have the operations that support them. Hotels & short-term rentals, along with hospitality data provision, are converging.
Why should you be looking cross-sector, and how will data convergence help you?