[{"_id":"project-settings","settings":{"translateMetaTags":true,"translateAriaLabels":true,"translateTitle":true,"showWidget":true,"customWidget":{"theme":"light","font":"rgb(0,0,0)","header":"rgb(255,255,255)","background":"rgba(255,255,255,0.8)","position":"right","positionVertical":"bottom","border":"rgb(163,163,163)","borderRequired":true,"widgetCompact":true,"isWidgetPositionRelative":false},"widgetLanguages":[],"activeLanguages":{"es":"Español","it":"Italiano","fr":"Français","pt":"Português","en":"English"},"enabledLanguages":["en","es","fr","it","pt"],"debugInfo":false,"displayBranding":true,"displayBrandingName":true,"localizeImages":false,"localizeImagesLimit":false,"localizeAudio":false,"localizeAudioLimit":false,"localizeDates":false,"disabledPages":[],"regexPhrases":[],"allowComplexCssSelectors":false,"blockedClasses":false,"blockedIds":false,"phraseDetection":true,"customDomainSettings":[],"seoSetting":[],"translateSource":true,"overage":false,"detectPhraseFromAllLanguage":false,"googleAnalytics":false,"mixpanel":false,"heap":false,"disableDateLocalization":false,"ignoreCurrencyInTranslation":false,"blockedComplexSelectors":[]},"version":2387},{"_id":"en","source":"en","pluralFn":"return n != 1 ? 1 : 0;","pluralForm":2,"dictionary":{},"version":2387},{"_id":"outdated","outdated":{"#<strong ljsid-0=\"\">10,000+</strong> horas de vida de llamadas de clientes":1,"#<strong ljsid-0=\"\">100+</strong> filtros distintos":1,"#<strong ljsid-0=\"\">40+</strong> KPI distintos":1,"#<strong ljsid-0=\"\">55%</strong> de alquileres en el mercado vacacional de EE. UU.":1,"#Preguntas frecuentes sobre datos de destino:":1,"#datos más granulares, completos y procesables.":1,"#datos más detallados, personalizados y procesables.":1,"#blog":1,"#Avanzado <strong ljsid-1=\"\">Seguridad y Privacidad</strong>":1,"#NPR, Summer Air Travel Could be Expensive and Chaotic: Here’s How to Avoid Trouble; <a ljsid-1=\"\">https://www.npr.org/2022/06/14/1104820079/summer-air-travel-could-be-expensive-and-chaotic-heres-how-to-avoid-trouble</a>.":1,"#Washington Post, This is Why Your Airline Tickets are so Expensive Right Now; <a ljsid-1=\"\">https://www.washingtonpost.com/business/on-small-business/this-is-why-your-airline-ticketsare-so-expensive-right-now/2022/06/06/43be1baa-e5e6-11ec-a422-11bbb91db30b_story.html</a>.":1,"#U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers: Gasoline (All Types) in U.S. City Average [CUUR0000SETB01], retrieved from FRED, Federal Reserve Bank of St. Louis; <a ljsid-1=\"\">https://fred.stlouisfed.org/series/CUUR0000SETB01</a>.":1,"#Sources:":1,"#At this point in the year, it’s challenging to attribute declining reservation activity to increasing airfare and gasoline prices because new bookings always slow during the summer after peaking in March. For now, reservation activity is remaining strong and hovering slightly above 2019 but slightly below 2021. However, there’s still time for things to change. Lower-rate destinations that rely on last-minute reservations may be the first to experience a slowdown since trips aren’t already booked and travelers are more price sensitive.":1,"#Because new reservation activity has stayed strong, vacation rental performance in fly-to markets has stayed strong. Revenue per Available Rental (RevPAR) is higher than 2019 in each of these six markets except for Seattle, which remains on a recovery trajectory. Hawaii and Orlando are great stories of resilience; post-covid recovery in both markets was delayed due to various factors, but summer RevPAR or 2022 is pacing around twice as high as it was in 2020.":1,"#The rising cost of air travel is especially concerning to destinations to which many guests fly. In markets like Hawaii; Orlando, FL; and Washington, D.C.; vacation rental reservation activity has remained on a recovery trajectory or even exceeded 2019 despite the increased cost of airfare. Domestic travel is fueling these destinations; in Hawaii, domestic travel is at an all-time high but international arrivals are still low<sup ljsid-1=\"\">5</sup>.":1,"#Top of mind is whether increasing prices will negatively impact demand for vacation rentals. So far, the answer seems to be “not yet.” There is almost no correlation between the number of new guest reservations being made per active vacation rental unit and the price indexes for gasoline and airline fares. Despite price increases, reservation activity for the last few months has followed trends similar to 2019 and 2021, reflecting the current price insensitivity of travelers. The slowdown in new booking activity during the summer is normal - it’s the peak travel season rather than the peak booking season - and doesn’t appear to be driven by increasing costs.":1,"#Airlines for America, Impact of COVID-19: Data Updates; <a ljsid-1=\"\">https://www.airlines.org/dataset/impact-of-covid19-data-updates</a>/.":1,"#Reuters, High Fares, Rising Economic Worries Could Weigh on Airline Recovery; <a ljsid-1=\"\">https://www.reuters.com/business/aerospace-defense/global-airlines-narrow-losses-2022-outlook-improves-2022-06-20/</a>.":1,"#The rapid increase in the prices of airfare and gasoline has sparked concern about whether Americans will continue to travel. In May, the consumer price index was 130% higher for gasoline and 73% higher for airfare than it was during May of 2020<sup ljsid-1=\"\">1</sup>. Airfare in particular has risen sharply since the beginning of the year due to high demand, smaller fleets, increased cost of jet fuel, and staffing challenges<sup ljsid-3=\"\">2</sup>. Domestic air travel within the United States is about 50% more expensive than it was last summer and 25% higher than it was in 2019<sup ljsid-5=\"\">3</sup>. Lodging nightly rates are also considerably higher than last year. Despite the increasing cost of travel, consumers are willing to pay due to pent-up demand and higher household savings rates during the pandemic<sup ljsid-7=\"\">4</sup>. Between June 10 and June 16, TSA checkpoint volumes were only 11% below 2019<sup ljsid-9=\"\">5</sup>.":1,"#Are Airline Ticket Prices Affecting Travel Trends?":1,"#Custom APIs and feeds with flexible delivery formats":1,"#Data optimized to power your insights":1,"#Dozens of KPIs to understand market trends deeply":1,"#Rates, occupancy, and more sourced directly from rental properties":1,"#Hyper-accurate direct data":1,"#Why is <strong ljsid-1=\"\">Key Data Better?</strong>":1,"#Get more details.":1,"#Make informed lending and investment decisions with access to granular data on short-term rental markets. Evaluate property viability, assess market saturation, and understand revenue potential before committing capital. Our insights help you mitigate risks, validate appraisals, and ensure profitable investments.":1,"#Real Estate Investors & Lendors":1,"#Pinpoint investment opportunities by analyzing market trends, property performance, and revenue projections. Use our comprehensive data to identify undervalued assets, assess risk, and forecast returns. Make informed decisions that maximize your investment outcomes and strengthen your portfolio.":1,"#Buy-Side Funds":1,"#Trusted by <strong ljsid-1=\"\">Hospitality Experts and Platforms</strong>":1,"#Leverage the most accurate short-term rental data sourced directly from Key Data’s co-op of property managers for a comprehensive view into a leading demand indicator. Utilize vacation rental competitive insights and comp sets to make the best revenue decisions based on detailed lodging data.":1,"#Hoteliers & Hotel Vendors":1,"#Leverage our reliable data to enhance your property management services and technology solutions. Provide your clients with actionable insights that improve operational efficiency, guest satisfaction, and financial performance. Stand out in a competitive landscape by offering data-driven strategies that drive growth.":1,"#Vacation Rental Professionals & Vendors":1,"#Bringing a Deeper <strong ljsid-1=\"\">Level of Expertise</strong>":1,"#Identify the key geographic regions and demographics fueling demand for short-term rentals in target markets. Tailor marketing campaigns to attract high-potential guests from these feeder markets. Understanding where guests are coming from enables more efficient allocation of marketing budgets and increased occupancy rates.":1,"#Feeder Market Identification":1,"#Discover which distribution channels are driving the most bookings in your target markets. Analyze performance across OTAs, direct bookings, and other platforms to optimize your channel mix. By focusing on the most profitable sources, you can reduce acquisition costs and improve your bottom line.":1,"#Analyze for OTA competitive performance and consumer booking behavior. Discover consumer booking behavior patterns with customized insights into target markets. Analyze OTA competitive performance to inform strategic plans and unlock a deeper understanding of your place in the market.":1,"#Booking Source Analysis":1,"#Trust Key Data's short-term rental and hotel data to make smarter investment decisions, optimize your strategies, and boost profitability. Seamlessly integrate our scalable data solutions into your business with APIs and data feeds build for investors, funds, hoteliers, businesses that depend on staying ahead of tourism trends.":1,"#See what’s to come with booking, pricing, and investment trends. Anticipate market shifts and adjust your strategies proactively. With visibility into upcoming demand with the most trusted short-term rental and hotel data, it’s never been easier to spot emerging trends.":1,"#Forward Looking Metrics":1,"#Analyze years of verified historical data on occupancy rates, average daily rates (ADR), revenue per available room (RevPAR), and more. Understand how seasonal trends, local events, and economic factors have influenced market performance over time. Use these insights to benchmark your properties against the market and identify long-term growth opportunities.":1,"#Vacation Rental and Hotel Historical Data":1,"#High-Level to Granular Insights - <strong ljsid-1=\"\">Tailored For Your Needs</strong>":1,"#Sourced from the world’s leading OTA sites":1,"#OTA supply and listings made more accurate with direct data":1,"#Smart OTA Data":1,"#Unparalleled support from your dedicated Partner Success Manager":1,"#Seamless integrations with your business":1,"#Unlock the World’s Most Trusted Vacation Rental Data":1,"#Similar numbers of in-state and out-of-state renters":1,"#California Fast Facts:":1,"#Adjusted RevPAR is staying strong":1,"#International destination":1,"#Fly-to market":1,"#Highly dependent on out-of-state guests":1,"#Hawaii Fast Facts:":1,"#The outbreak of COVID-19 has slowed vacation rental booking activity. Nationwide, bookings per property made between 3/1 and 3/10 are down by 32%. The trend is more pronounced for out-of-state travel.":1,"#COVID-19 Impact on Vacation Rental Booking Activity | Key Data":1,"#florida-vacation-rentals":1,"#colorado-vacation-rentals":1,"#cali-vacation-rentals":1,"#The outbreak of COVID-19 has slowed vacation rental booking activity. Nationwide, bookings per property made between 3/1 and 3/10 are down by 32%. The trend is more pronounced for out-of-state travel. Bookings for in-state vacations are down by 29% versus last year but bookings for out-of-state vacations are down by 34%. These trends vary regionally across the U.S. and can be influenced by a number of factors, such as peak season, snowfall for ski areas, and dependency on out of state visitors during a \"normal\" season. As air travel slows, drive-to markets are also being impacted differently than fly-to markets. A few of the key travel states in the U.S. show the diversity, and the magnitude, of the change in in-state versus out-of-state booking activity.":1,"#hawaii-vacation-rentals":1,"#Adjusted RevPAR is slightly below last year":1,"#Florida Fast Facts:":1,"#Adjusted RevPAR is below last year, but snowfall contributes":1,"#About ⅓ of renters are from Colorado":1,"#Colorado Fast Facts:":1,"#Adjusted RevPAR is only slightly below last year":1,"#Mix of drive-to and fly-to markets":1,"#COVID-19 Impact on Vacation Rental Booking Activity":1,"#Wondering if the trends you’re seeing in your destination are unique or on par with the broader market? Use Destination Data’s benchmarking tools to compare average daily rates, occupancy, and more to other similar destinations of your choosing. You can dive into short term rentals & hotels separately, or look in aggregate depending on what questions are top of mind.":1,"#Thus far in 2024, the performance of the United States vacation rental industry has continued to decline, although less dramatically than last year. Occupancy has been slightly lower than in 2023 due to increasing supply and softening demand. Rates have been relatively stable and revenues have dropped slightly. T":1,"#U.S. September Overview 2024: Summer Performance Was Lacking But Late Fall Months Are Pacing Ahead | Key Data":1,"#Below are two teasers, but access all of these insights in the 2025 Vacation Rental Industry Outlook coming this fall, and subscribe to our blog for updates.":1,"#Booking windows are still shorter than in 2019 but have increased from lows only seen in 2020-2021.":1,"#RevPAR is starting the year lower than last year but is still significantly higher than in 2021 or 2020.":1,"#ProData is recommended for Gestionnaires de locations courte durée professionnels who use one of Key Data’s 65+ integrated systems. Learn more about which partners are integrated <a ljsid-1=\"\">here.</a>":1,"#beaucoup plus rapidement.":1,"#https://liveramp.uk/privacy/service-privacy-policy/":1,"#Marathon":1,"#Miami-Dade County":1,"#Traduzione di buona qualità":1,"#Valuta questa traduzione":1,"#Testo originale":1,"#Il tuo feedback verrà utilizzato per contribuire a migliorare Google Traduttore":1,"#Traduzione mediocre":1,"#Already a legacy Key Data partner, RealJoy switched to the All-New Key Data to get the right answers they needed more quickly and efficiently. Built from the ground up, the All-New Key Data streamlined their business by:":1,"#With a highly competitive marketplace and ever-changing rental landscape, RealJoy Vacations recognized the need for a clear, efficient view of the market - and their own portfolio - to stay ahead. They turned to the All-New Key Data to help.":1,"#Time and market constraints that created a need to find the right insights and implement changes fast":1,"#The need for a streamlined view of data for different job roles and stakeholders within the organization":1,"#A need to view lots of reports and dashboards across multiple tabs in order to get the insights they needed":1,"#Before accessing the All-New Key Data, RealJoy Vacations faced several challenges, including:":1,"#Increased overall productivity":1,"#Enhanced speed of operations":1,"#Facing a crowded local vacation rental market, RealJoy Vacations understands the importance of smart pricing decisions in order to maximize revenue, keep owners happy, and beat the competition. With the All-New Key Data, they aimed to compare the performance of their units versus competitive units in their market so they could make fast, strategic decisions to grow their business.":1,"#Personalized performance dashboards":1,"#RealJoy Vacations":1,"#<em ljsid-0=\"\">“It’s so organized! It saves me so much time to be able to just pull up my dashboard that has all the reports that I use on a daily basis.” </em>- Meagan Travis":1,"#By utilizing the enhanced speed and streamlined functionality of the All-New Key Data, RealJoy Vacations experienced some incredible improvements. They personalized their dashboard with everything they needed to view performance in one place, dividing their properties by region and organizing the reports for quick comparison. By spotting trends without jumping between tabs, RealJoy Vacations could identify areas of concern with their rate strategy and switch courses. They also noticed a significant increase in efficiency by having all the reports they needed at a glance and faster speeds within their dashboard.":1,"#<em ljsid-0=\"\">“It's made it so much easier to spot trends, either good or bad trends just by looking in my sections on my dashboards that I created.”</em> - Meagan Travis":1,"#RealJoy Vacations was among the first to implement the All-New Key Data in order to drive faster results. Thanks to Key Data’s new flexibility, RealJoy compared their current performance to the previous year as well as the current market in one streamlined dashboard. With an understanding of their position, they could quickly adjust rates to maximize Occupancy and utilize a more strategic approach to decision-making.":1,"#Delivering an AI Assistant to help navigate the new reporting":1,"#Making it easier to identify changes in market conditions and long-term trends with the ability to move and resize reports":1,"#Comparing multiple metrics (like occupancy or RevPAR) or date ranges in one location for a straightforward look at performance shifts":1,"#Providing a single, flexible dashboard for all reports and metrics that could be customized by job role, region, season, and more":1,"#di tutto il mondo":1,"#Be proactive about negative feedback. Examine where your property or service isn’t meeting the required standard and identify what remedial action you can put in place to prevent poor reviews in the future.":1,"#Establish your minimum stay requirements so you only attract the bookings that work for you":1,"#Responded to 90% of new messages within 24 hours":1,"#Let’s run through the criteria and then explore how you can increase your chances of achieving Superhost or Premier Host status in the shortest possible time… and hold on to it.":1,"#If you want to find out how you can take even greater advantage of Vrbo and Airbnb, check out our article on <a ljsid-1=\"\">HostData</a>, which reveals how you can use booking data to boost your short term rental strategy.":1,"#If you know you’ll be unable to respond while you’re on holiday, snooze your listing until your return to avoid requests piling up":1,"#Canceled fewer than 1% of bookings (exceptions are made under Airbnb’s Extenuating Circumstances policy)":1,"#How To Become A Superhost On Vrbo And Airbnb | Key Data":1,"#Take the time to assess <a ljsid-1=\"\">short-term rental guest trends</a> and <a ljsid-3=\"\">local booking habits</a> to establish if your property delivers for the target audience in terms of guest amenities, and address anything you’ve overlooked to <a ljsid-5=\"\">improve future booking rates</a> and generate good reviews.":1,"#Save time by creating templated responses for frequently asked questions or use an AI guest messaging tool":1,"#Airbnb watches how quickly you respond to guest inquiries and booking requests. Maintaining a speedy response time (i.e., within 24 hours) will improve your ranking and help you capitalize on potential booking opportunities. You can improve response rates by:":1,"#Response Rates":1,"#This test is applied to all of your listings over the last 365 days.":1,"#<a ljsid-0=\"\">Benchmarking against your competitors</a> will enable informed decision-making around key metrics, including your average daily rate (ADR), revenue per available rental (RevPAR), and occupancy rates.":1,"#Completed either 100 nights of stays over at least three completed bookings or had at least 10 stays in the past year":1,"#Regular Bookings":1,"#Installing the Airbnb app so you can monitor requests while you’re on the move":1,"#Are you looking to achieve superhost status this year? Here’s how you can use short term rental market data to meet the requirements.":1,"#If you’re struggling to increase bookings, it’s time to assess how your properties rank against the competition. If your <a ljsid-1=\"\">pricing is too high</a> or the minimum length of stay too long compared to other properties, you risk losing potential bookings to more savvy competitors.":1,"#Traveler Reviews":1,"#How To Become A Superhost On Airbnb":1,"#So what does it take to establish yourself as a reliable, experienced, and trustworthy host who is equipped to offer outstanding hospitality?":1,"#To become an Airbnb <a ljsid-1=\"\">Superhost</a>, you must have:":1,"#To earn Vrbo <a ljsid-1=\"\">Premier Host </a>status, you must have:":1,"#Allocating a set period of time each day to reply to messages":1,"#Make sure your availability is always up to date to avoid unwanted or double bookings":1,"#Being a reliable host is paramount to becoming a highly rated host but straightforward parameters will help you avoid having to make cancellations:":1,"#Minimize Cancellations":1,"#In a saturated short term rental marketplace, a good reputation is key to standing out from the crowd and attracting guests who enjoy such abundant choice. Plenty of online booking platforms — including Airbnb and Vrbo — reward the best property managers with ‘highly rated’ host status, which makes it easier to attract high-value guests.":1,"#Superhosts are crowned at set assessment points, which occur every three months.":1,"#Achieved an average review score of 4.8 or higher over the past year":1,"#And remember… both Airbnb and Vrbo conduct quarterly reviews to continually assess hosting quality so the onus is on you to maintain standards and retain your Superhost and Premier Host status.":1,"#Received three or more guest reviews":1,"#Canceled fewer than 5% of bookings":1,"#Airbnb and Vrbo are the biggest booking platforms out there and their schemes also offer exclusive rewards and priority support — but how do you achieve and sustain this coveted honor?":1,"#If you receive a booking you can’t accommodate, open a dialogue with the guest. Perhaps they can adjust their dates or plans to accommodate the issue. If you’re certain that you cannot accept a booking, cancel as quickly as possible to minimize frustration for the traveler and reduce the risk of a bad review.":1,"#Generate clear house rules so guests can evaluate if your property is a good fit before they book. For example, if you don’t accept pets, make this clear.":1,"#Accepted at least 90% of bookings":1,"#The accolade earns you a ‘badge of honor’ that sets listings apart from the competition, improves visibility, and lends trust and credibility to you and your property. This ultimately increases bookings, <a ljsid-1=\"\">improves occupancy rates</a>, and boosts revenue.":1,"#What This Looks Like In practice":1,"#Taken at least five bookings or 60 booked nights":1,"#Attracted reviews of 4.3 or higher":1,"#Manage expectations and secure good reviews with true-to-life property photography and clear listings. Include unambiguous photographs of the interior and exterior of the property in a clean, tidy, and uncluttered state, ideally in natural light. Provide details of anything that might be an irritant, e.g. older properties with creaky floors or unfamiliar fixtures or fittings. Include all aspects of the property — anything you leave out because you feel it’s a weak spot will only translate into disappointment for guests on arrival and negative reviews.":1,"#How To Become A Premier Host On Vrbo":1,"#Finança":1,"#Illustrations":1,"#Benchmarking: How Data Can Boost Your Short Term Rental Business | Key Data":1,"#What is data benchmarking? We dive into how short term rental property managers can use market analysis to support and scale their property businesses.":1,"#<a ljsid-0=\"\">Our comparative short term rental data platform</a> saves property managers, hosts, and investors hours of research by seamlessly integrating <a ljsid-2=\"\">market insights</a> into their property management system. With our tool, you’ll be able to customize comparative market datasets for complete visibility over the performance of short term rentals at your destination and within the business. <a ljsid-4=\"\">Book a demo of Key Data Dashboard</a>.":1,"#Key Data’s business intelligence (BI) benchmarking platform":1,"#Whether you’re starting out in the short term rental industry, maintaining a property portfolio, or looking to scale your inventory, benchmarking data can be hugely supportive of your business goals, helping you to form a strategy and stay ahead of competitors.":1,"#Rate setting is one of the most popular uses of benchmarking data — and rightly so. With real-time market insight into what your competitors are charging on specific days, you’ll be able to optimize your ADRs for maximum revenue without losing guest appeal. If your nightly rates are too high, you’ll likely turn away potential bookings, but if your rates are too low, you’ll be missing out on revenue potential. It’s a fine balance that makes all the difference in creating and maintaining a successful short term rental business in any chosen market.":1,"#3. To set your rates":1,"#When expanding your business, look for gaps in the current market that you can fill, ie. areas that are experiencing higher demand than supply. For example, Midtown Manhattan, NY is experiencing a <a ljsid-1=\"\">200% year-over-year increase in occupancy</a> but available properties have dropped by 10%, creating a potential investment opportunity. If <a ljsid-3=\"\">market supply</a> in a particular area is growing quickly, you may wish to reconsider your investment — as large increases in available properties can lead to <a ljsid-5=\"\">weaker short term rental performance</a> (lower occupancy and ADRs, for example). It’s all about investing in the right market at the right time and benchmarking data can help you determine these factors.":1,"#destination decisions":1,"#How to Utilize Benchmarking for Optimized Short Term Rental Growth":1,"#What is Benchmarking?":1,"#<a ljsid-0=\"\">How is your business performing</a> in comparison to your competitors or <a ljsid-2=\"\">historical trends</a>? Are your rates aligned with the surrounding market? Is one of your properties outperforming the rest of your inventory, but you’re unsure why?":1,"#What type of property should you invest in for your chosen market? Are bigger properties in higher demand? <a ljsid-1=\"\">Which amenities are most popular with guests</a>? These are all vital questions to ask when making a new investment as these factors will vary from location to location. Where 1 bedroom properties may meet demand in urban locations, larger properties with a fireplace may fare better in colder rural areas.":1,"#As the short term rental sector becomes increasingly popular — driving greater supply, competition, and guest expectations — it becomes even more crucial for property managers, hosts, and investors to have a clear understanding of the performance of their portfolio and the surrounding market.":1,"#Benchmarking is essential for those deciding where they should <a ljsid-1=\"\">invest in new Airbnb</a> or short term rental properties. While a certain location may be performing well right now, what really matters is whether this increase in demand is a long-term upward trend — rather than an anomaly caused by a short-term factor. For example, the pandemic gave rise to a sudden boom for rural short term rentals, such as those in coastal, lakeside, or <a ljsid-3=\"\">mountain destinations.</a> But, this peak has since leveled out as <a ljsid-5=\"\">travelers regain confidence in city stays</a>. To identify trends worth investing in, property managers, hosts, or investors need to have access to trustworthy, historical short term rental market data so they can make year-over-year and market vs. market comparisons.":1,"#Benchmarking: How Data Can Boost Your Short Term Rental Business":1,"#The current short term rental market indicates that overall average daily rates in the U.S. are dropping after peaking over recent years. Half the market lowered prices by an average of <a ljsid-1=\"\">16% in Q4 of 2022</a> vs. the previous year. Without this valuable insight, property managers and hosts could unknowingly lose bookings with higher than average rates.":1,"#Benchmarking uses key market metrics to show and predict short term rental performance in a specific market.":1,"#Whether you’re in the research and acquisition phase and looking for the best markets to invest in, or have a fully operational inventory and want to maximize your potential or even <a ljsid-1=\"\">scale your business</a>, benchmarking can be a powerhouse for every step of the journey. With this dynamic tool in your back pocket, you’ll be able to answer all the key questions, such as — are my rates too high? How can I increase occupancy? And, what is my inventory’s performance looking like? Having <a ljsid-3=\"\">data-backed insights</a> into the surrounding short term rental market can help you fine-tune your strategy for the best results.":1,"#Why Benchmarking is Important":1,"#Reliable, industry-sourced market data enables property managers, hosts, and investors to <a ljsid-1=\"\">measure and track important KPIs</a>, such as average daily rates, occupancy, booking windows, and average length of stay. This data empowers them to <a ljsid-3=\"\">create projections</a> of how new inventory will perform. Benchmarking also allows you to use <a ljsid-5=\"\">customized data sets</a> to see how your properties stack up against the competition, compare markets side by side, demonstrate performance potential to investors and owners, optimize your rental strategy for maximum occupancy and <a ljsid-7=\"\">revenue</a>, and so much more.":1,"#Property managers and hosts are able to optimize listings for maximum revenue based on competitor activity, including nightly rates and amenities.":1,"#2. To identify top performing factors":1,"#1. To support":1,"#<a ljsid-0=\"\">Benchmarking key performance indicators</a> (KPIs) can help you optimize your short term rentals based on your specific market. Whether you’re setting up new inventory or wanting to maximize the potential of existing properties, identifying areas for improvement is key for revenue management and the overall success of a short term rental business.":1,"#Investors can use a business intelligence data platform to highlight profitable destinations and property types.":1,"#The key is to find what’s working in your market, so you can <a ljsid-1=\"\">benefit from current demand</a>. Accurate benchmarking will support your goals by keeping you in the loop of real-time trends — such as the <a ljsid-3=\"\">rising demand for short term rentals in Colorado</a> with Denver witnessing a 7 percentage point increase in occupancy since 2021.":1,"#Pinellas County":1,"#Lodgify Vacation Rental Data Integration with Key Data":1,"#Destin, FL":1,"#X":1,"#Where your short term rental data comes from matters. To ensure you get the most accurate information for your vacation rental business or real estate investments, use a platform like <a ljsid-1=\"\">Key Data</a>. We utilize both direct source data from over 500 markets and scraped data from Airbnb.com, Vrbo.com, and booking.com, to provide the most accurate and comprehensive reports possible.":1,"#France":1,"#Return to Homepage":1,"#Thank you for subscribing!":1,"#https://www.indexexchange.com/privacy/exchange-platform-privacy-policy/":1,"#https://www.nextroll.com/lia":1,"#https://triplelift.com/platform-privacy-policy":1,"#https://about.ads.microsoft.com/en-us/solutions/xandr/platform-privacy-policy":1,"#https://policies.google.com/privacy":1,"#https://www.pixalate.com/privacypolicy":1,"#In the":1,"#Navigating Market Dynamics":1,"#Trusted by over “XXXX” Companies":1,"#Implement revenue management initiatives":1,"#Increased internal and external efficiency":1,"#Improve revenue performance":1,"#Indonesia":1,"#Discounting weeks based on occupancy rates or historic booking dates":1,"#There’s no doubt that data is powerful and can make a real change in your short term rental company. But, where do you start?":1,"#Budget planning based on projections":1,"#Benchmarking Data":1,"#<a ljsid-0=\"\">Click here to book a demo</a> to see how data analysis from Key Data can work for you!":1,"#Identifying Expansion Opportunities":1,"#Empowering you is important to us. Below is our library of upcoming and past webinars to help improve your understanding of our tools and solutions. Watch and learn at your own pace and don't hesitate to reach out to us if you'd like to talk more.":1,"#Market Data for Your Teams: Business Development":1,"#Recordings":1,"#RevPAR à 230 USD":1,"#RevPAR de 240 $":1,"#Carreras":1,"#Notifications (F8)":1,"#Wondering how to calculate RevPAR? Use this simple RevPAR formula to start comparing your performance.":1,"#Revenue Per Available Room (RevPAR) is a performance metric used in the hospitality industry to measure the financial performance of hotels and other accommodation providers. RevPAR is a calculation that takes into account both the average rate at which a property is booked (ADR) and the number of nights it is occupied (Occupancy) to provide a better indicator of overall performance than looking at ADR or Occupancy alone. Essentially, RevPAR measures the revenue generated by a property during active nights.":1,"#RevPAR is a critical KPI for property managers, as it provides a comprehensive view of their property's financial performance. By tracking RevPAR over time, property managers can identify trends and make strategic decisions to improve revenue.":1,"#It’s a useful tool for forecasting future revenues, identifying trends, and adjusting pricing strategies in response to market conditions. By tracking RevPAR over time, property managers can identify seasonal fluctuations and adjust their pricing and marketing strategies accordingly.":1,"#RevPAR is calculated by multiplying the occupancy rate by the average daily rate (ADR) or by dividing the unit revenue (not including fees) by the total number of available nights in a given period. This calculation provides a standardized metric that allows property managers and investors to compare the performance of different properties, regardless of size or location.":1,"#While ADR reflects a rental's pricing strategy and its ability to command higher rates, RevPAR offers a holistic perspective by considering both pricing and occupancy levels. A high ADR indicates premium pricing, while a high RevPAR signifies optimal utilization of available inventory to maximize revenue. Rental professionals must carefully balance these metrics to achieve a desirable blend of rate and occupancy to drive profitability and competitiveness.":1,"#RevPAR can be used to evaluate the effectiveness of pricing and marketing strategies. By adjusting pricing and promotions in response to changes in occupancy rates and ADR, property managers can optimize their RevPAR and maximize revenue.":1,"#RevPAR is a critical KPI for measuring the revenue performance of hotels, short term rentals and other accommodation providers. It is used by property managers and investors to evaluate the financial performance of individual properties, benchmark them against their competitors, and make strategic decisions to improve revenue.":1,"#What strategies can maximize earnings from Airbnb listings?":1,"#Navigating Regulations and Market Challenges":1,"#Airbnb has seen remarkable growth across various regions, with North America and Europe leading in revenue contributions. This indicates the platform's strong presence and user base in these areas. In particular, Latin America has been highlighted as a region experiencing significant growth, with Airbnb focusing more resources there. The platform's commission revenue breakdown by region further showcases how different areas contribute to Airbnb's overall financial health, with North America and Europe accounting for most of its revenue.":1,"#Exploring Airbnb's Surge: Key Growth Statistics and What They Mean for Property Managers | Key Data":1,"#Adapting to Airbnb's dynamic pricing model involves leveraging data analytics and market insights to adjust prices based on demand, seasonality, and local events in real time. Staying informed about local market trends and regularly reviewing your pricing strategy can help you remain competitive and maximize revenue.":1,"#Airbnb's expansive growth isn't uniform globally; it's nuanced, with regional dynamics playing a critical role. This section explores how Airbnb's focus on specific regions and the varying revenue trends across these areas have contributed to its overall growth. Understanding these regional dynamics helps property managers identify where growth opportunities lie and how market trends differ globally.":1,"#The travel and accommodation sector is witnessing significant shifts, with changing guest preferences and the emergence of new accommodation types reshaping the industry. Airbnb, at the forefront of these changes, offers insights into the evolving landscape, allowing property managers to align their offerings with current trends. This section explores how changes in travel behavior and accommodation preferences influence Airbnb's listings and the broader market.":1,"#The Superhost program exemplifies Airbnb's commitment to recognizing and rewarding its top-performing hosts. With over one million Superhosts across more than 200 countries and territories, the program highlights the global scale of Airbnb's host community. These Airbnb Superhosts collectively earned $23 billion between October 2021 and September 2022, underscoring the financial benefits of achieving and maintaining Superhost status. Superhosts, on average, earn 64% more than regular hosts, a testament to the program's effectiveness in incentivizing high-quality hosting and guest experiences.":1,"#Impact of Regional Strategies on Growth":1,"#Regulatory challenges in various cities and countries can significantly impact Airbnb hosts, from restrictions on the length of stays to licensing requirements. Property managers must stay abreast of local regulations and ensure compliance to avoid fines and legal issues. It's also beneficial to engage with local communities and policymakers to advocate for fair regulations that balance the interests of hosts, guests, and residents. Adapting to regulatory changes by adjusting your business model, such as focusing on longer-term rentals in areas with strict short-term rental laws, can help mitigate the impact of these challenges.":1,"#In response to regulatory challenges, Airbnb has introduced measures to support hosts, including partnerships for lodging taxes and initiatives to promote responsible hosting. For property managers, navigating these regulatory landscapes requires a proactive approach, including engaging with local policymakers, ensuring compliance with regulations, and advocating for fair and balanced policies that recognize the benefits of short-term rentals to local economies and communities.":1,"#Understanding the impact of Airbnb's regional strategies can guide property managers on where to focus their efforts. Markets showing accelerated growth due to Airbnb's targeted initiatives may present lucrative opportunities for expansion or increased investment. Additionally, staying informed about Airbnb's strategic moves can help property managers anticipate shifts in market demand and adjust their strategies accordingly to align with evolving trends and opportunities in the global vacation rental landscape.":1,"#Airbnb's targeted strategies in less mature markets, such as its focus on Latin America, demonstrate its approach to international expansion and market penetration. Airbnb aims to fuel growth in these under-penetrated markets by investing in brand awareness and localization efforts. The platform's growth in Brazil, for example, nearly doubled in gross nights booked compared to 2019, showcasing the effectiveness of these strategies.":1,"#These regional revenue trends provide valuable insights for property managers, especially those looking to expand their portfolios or enter new markets. For instance, the strong growth in Latin America suggests a potential for property managers to tap into emerging markets with increasing demand for Airbnb rentals. Similarly, the solid revenue from established markets like North America and Europe indicates continued opportunities for growth and profitability in these regions.":1,"#Airbnb's journey from an idea to pay rent to a leading force in the travel industry highlights its remarkable growth trajectory. Airbnb rapidly expanded its footprint globally, entering markets across Europe, South America, Asia, and Australia. Despite facing regulatory hurdles in several major cities, the platform's innovative approach to accommodation and experiences has solidified its status as a pivotal player in the online travel sector. This expansion is reflected in its revenue growth, with Airbnb showcasing resilience and adaptability in navigating economic uncertainties and market challenges.":1,"#Dive into the world of Airbnb, a platform that has revolutionized how we think about accommodation and property management. With its impressive growth trajectory and expanding global footprint, understanding key Airbnb growth statistics is essential for property managers looking to optimize their portfolio performance and tap into emerging market trends. This blog post delves into the latest data, revealing how Airbnb's evolution could impact your property management strategies.":1,"#Regional Growth Dynamics":1,"#Unpack the latest Airbnb growth statistics to strategize your property management efforts effectively. Discover trends, opportunities, and data-driven insights.":1,"#From entire homes to unique stays like tiny houses or treehouses, Airbnb's listings cater to a wide range of traveler preferences, contributing to the platform's broad appeal. This diversity attracts new Airbnb guests looking for traditional accommodations and those seeking novel experiences, evidenced by the significant nights booked for unique properties. Hosts offering these distinctive stays have found a niche market that can command higher prices and attract guests looking for something beyond the ordinary hotel experience.":1,"#Airbnb's growth and success are significantly attributed to its vast and diverse host community and the unique listings that attract guests from around the globe. This section dives into the statistics surrounding Airbnb hosts and their listings, shedding light on the factors contributing to a host's success on the platform and how the variety of listings enhances Airbnb's appeal.":1,"#Overview of Airbnb's Market Impact":1,"#Airbnb's trajectory offers valuable insights for property managers aiming to optimize their strategies in a competitive landscape. By understanding and adapting to Airbnb's growth patterns, market dynamics, and regulatory environment, property managers and Airbnb users can unlock new opportunities for revenue maximization and portfolio expansion. Embracing data-driven decision-making and staying informed on industry trends are key to navigating the complexities of the modern accommodation market.":1},"version":2387}]