Advocacy and Innovation: Insights from CanStays Conference with Catherine Ratcliffe
STR Data Lab™ by AirDNA
by Jamie Lane
5d ago
In this episode of the STR Data Lab podcast, Jamie Lane, Chief Economist at AirDNA, sits down with Catherine Ratcliffe, CEO of STR Benefits Consulting and Lost Together Stays. They discuss Catherine's role at the recent CanStays Alliance Conference held in Banff, Canada, where she curated content specifically for the Canadian short-term rental industry and facilitated discussions between national and local government officials and industry stakeholders. Catherine reflects on her upbringing in Canada, highlighting the cultural and political landscape that shaped her views. She shares personal s ..read more
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Decoding Airbnb's New Summer Release and Iconic Listings
STR Data Lab™ by AirDNA
by Jamie Lane
1w ago
In this episode of the STR Data Lab podcast, hosts Jamie Lane and Scott Sage start with a discussion about Jamie's recent trip to the CanStays conference in Banff, Canada. They also hint at an upcoming interview with the event’s organizer, Catherine Radcliffe, promising to reveal exciting insights on the Canadian STR market. Moving on to the main topic, the hosts delve into Airbnb's summer release. They meticulously analyze Airbnb's marketing strategy, particularly focusing on the introduction of iconic properties, which they regard as a strategic move to generate buzz and enhance user engagem ..read more
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Maximizing Real Estate Income Through Short-Term Rentals with Erwan Le Roy
STR Data Lab™ by AirDNA
by Jamie Lane
1M ago
In this episode of the STR Data Lab, Jamie Lane, Chief Economist of AirDNA, interviews Erwan Le Roy, founder and CEO of Cash Flow Street. Erwan shares his journey from tech engineer to vacation rental investor, highlighting his strategy of building passive income through real estate. He emphasizes the importance of identifying markets with favorable regulations for short-term rentals, such as resort or commercial zones, to maximize profitability.  Erwan’s portfolio spans six markets, including Maui, Napa Valley, Miami, and Paris. He advises listeners to focus on high-yield properties, ut ..read more
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Navigating the Challenges and Opportunities of Rental Arbitrage in 2024
STR Data Lab™ by AirDNA
by Jamie Lane
1M ago
In this new episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, and Scott Sage, VP of Marketing, dive into the hot topic of rental arbitrage in 2024. They reflect on the ups and downs faced by arbitrage businesses, from scaling challenges to the unexpected twists of the COVID-19 pandemic. Despite hurdles like managing cash flow and dealing with variable supply growth, they highlight how some entrepreneurs are still finding success, carving out niches in both the single-family and multifamily markets. Jamie and Scott break down the specifics of rental arbitrage, explaining the conce ..read more
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Charting STR Trends: February's Recovery & Eclipse Pacing with Bram Gallagher
STR Data Lab™ by AirDNA
by Jamie Lane
1M ago
In this episode of the STR Data Lab podcast, host Jamie Lane welcomes AirDNA’s Economist, Bram Gallagher, to explore February's short-term rental performance dynamics. After a January dip due to a northern cold snap, February showcased a robust 15.6% surge in demand from January's 1.2%, highlighting a strong desire to travel despite the off-season. The discussion highlights how weather conditions influenced rental performance, particularly the challenges faced in key skiing destinations like California and Colorado due to low snowpack in January. Nonetheless, February marked a turnaround, espe ..read more
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Navigating Market Dynamics in Hotel and Short-Term Rental Investments
STR Data Lab™ by AirDNA
by Jamie Lane
2M ago
In this episode of STR Data Lab, host Jamie Lane, Chief Economist at AirDNA, sits down with experts Mark Woodworth, Principal at R.M. Woodworth & Associates, and Jack Corgel, Sr. Advisor at CBRE Hotels, to explore the nuanced dynamics of market fluctuations in the lodging industry. They examine the ease of entry into the short-term rental business and compare it to traditional hotel investments, highlighting the significance of alternative use cases and the changing landscape of consumer preferences. Mark and Jack delve into the implications of supply fluctuations, underscoring the importa ..read more
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Setting your STR Up for Success: Strategic Purchasing with Jeff Iloulian of HostGPO
STR Data Lab™ by AirDNA
by Jamie Lane
2M ago
In this episode of STR Data Lab, host Jamie Lane, Chief Economist at AirDNA, sits down with Jeff Iloulian, CEO and founder of HostGPO. HostGPO is a members-only platform for vacation rental operators, offering access to discounted rates on essentials such as furniture, linens, mattresses, and various amenities. Jeff shares the inspiration behind HostGPO, spurred by his personal challenges in sourcing high-quality products for his vacation rental properties. The conversation explores HostGPO's target audience, encompassing both property management firms and individual homeowners and recognizes ..read more
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The Art of Profitable Short-Term Rentals with Tyler Coon of Savvy Realty
STR Data Lab™ by AirDNA
by Jamie Lane
2M ago
In this episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, sits down with Tyler Coon, CEO and founder of Savvy Realty, for a deep dive into the nuances of the short-term rental market. Tyler opens up about his transition from the broader real estate domain to carving a niche in STRs. He shares the strategic journey of identifying prime properties and the critical role of data tools like AirDNA. In a market that's constantly shifting, Tyler emphasizes the essence of agility and innovation to outpace competition. He breaks down how supply growth, occupancy rates, and average daily r ..read more
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Airbnb, Expedia, and Vrbo Earnings Report Analysis & January Market Review
STR Data Lab™ by AirDNA
by Jamie Lane
2M ago
In this episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, and his co-host Scott Sage, VP of Marketing & Customer Experience, analyze the latest earnings reports from Airbnb and Expedia, offering a detailed analysis of key metrics and trends shaping the short-term rental industry. They start by dissecting Airbnb's performance and comparing AirDNA's estimates with the reported figures for metrics like total nights booked, gross booking value, revenue, and active listing growth. Remarkably, AirDNA's projections closely match Airbnb's disclosed outcomes, highlighting the accuracy ..read more
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Leveraging Investment Banking Expertise for STR Growth with Michael Chang
STR Data Lab™ by AirDNA
by Jamie Lane
3M ago
In this episode, Jamie Lane, Chief Economist at AirDNA, is joined by Michael Chang, the podcast host of 'STR Like the Best' and co-founder of Trust B&B Vacation Rentals. They delve into Michael’s journey from being an investment banker to establishing a durable business model in the short-term rental industry. Starting with a single unit in New York, Michael's shift to short-term rentals was driven by his desire to balance building a family with his career. Utilizing his background in investment banking and leveraging data from AirDNA, Michael and his wife embarked on their STR management ..read more
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