STR Data Lab™ by AirDNA

From first movers to mainstream, can Airbnb meet guest and host expectations?

24 Nov 2022

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Jamie Lane, VP of Research, and Mariah Kamei, VP of Marketing, share implications for hosts and guests in the aftermath of many Airbnb updates. In addition to posting really strong Q3 financial reports, with 29% revenue growth year-over-year, the company also shared a slurry of updates in their Winter Release. Airbnb solidified its commitment to growing listing supply by taking short-term rentals into the mainstream. Traditionally the value proposition for STRs has been their Value (compared to hotels), but Airbnb’s “All-in Pricing” update may actually contradict that stance. For example, on average, a 1-bedroom STR in urban areas is 30% less expensive than a hotel. Still, cleaning fees, on average, represent 15% of the reservation price and another 15% going to service fees, putting it more on par with the hotels. Will Airbnb’s efforts to go mainstream damage its value proposition? Time will tell, but we can tell you today that staying one step of their algorithm is key to long-term success in the short-term rental business. Huge thank you to our podcast producers at hospitality.fm!~~~~Highlights from the AirDNA October U.S. Market Review: Available listings reached 1.37 million – up 23.3% YoY and +10.7% vs. 2019 Total demand rose 21.3% YoY and sits 30.8% higher vs. 2019 Occupancy declined 1.9% YoY to 56.7% but is up +12.8% vs. 2019 Average daily rates rose 5.2% YoY to $254 and are up 31.3% vs. 2019 Total revenue was 27.6% higher YoY and is up 71.7% vs. 2019 Nights booked for future travel were up 15.8% YoY to 15.4 million ~~~~Thanksgiving Holiday Performance to date: Nearly two million nights have been booked for this Thanksgiving weekend (Thursday through Sunday), which is 16.4% higher than in 2021 and 29.9% higher than in 2019. The average daily rate paid is $304, up 33.3% from 2019, with growth year over year at 4.6%.~~~~Read the Airbnb Quarterly Finacial reporthttps://news.airbnb.com/airbnb-third-quarter-2022-financial-results/#:~:text=Q3%20net%20income%20of%20%241.2,in%20the%20last%20twelve%20months.~~~~Read how the strength of STR supply growth has continued year over year for most countries:https://www.airdna.co/blog/short-term-rental-supply-reaches-record-levels-in-2022~~~~Read “Beating the #Airbnbust: 5 Tips for Improving Your Bookings: https://www.airdna.co/blog/beating-the-airbnbust.~~~~Learn about the Phocuswright Conference: https://www.phocuswrightconference.com/~~~~Connect with Jamie on LinkedIn and Twitter: LinkedIn: https://www.linkedin.com/in/jamiehlane/ Twitter: https://twitter.com/Jamie_Lane ~~~~Connect with Mariah on LinkedIn:LinkedIn: https://www.linkedin.com/in/mariah-kamei/ ~~~~Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:LinkedIn: https://www.linkedin.com/company/airdna/ Twitter: https://twitter.com/airdna TikTok: https://www.tiktok.com/@airdna.co Instagram: https://instagram.com/airdna.co Episode 8

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3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE

01 Jan 1970

El Partidazo de COPE

13:00H | 21 DIC 2025 | Fin de Semana

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13:00H | 20 DIC 2025 | Fin de Semana

01 Jan 1970

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12:00H | 20 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

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STR Data Lab™ by AirDNA

From first movers to mainstream, can Airbnb meet guest and host expectations?

This episode hasn't been transcribed yet

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3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE

13:00H | 21 DIC 2025 | Fin de Semana

12:00H | 21 DIC 2025 | Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

13:00H | 20 DIC 2025 | Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

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