A third party to project AIRBNB income-
intercom.help
AI Overview
AirDNA's Rentalizer tool provides estimates of potential revenue based on asking rents (also known as Average Daily Rates or ADR) of similar short-term rental properties in the area, rather than actual, historical rental income from bookings. It uses data from a vast number of Airbnb and
Vrbo listings to make these projections.
Explanation:
Estimates, not actuals:
AirDNA's Rentalizer is a forecasting tool that analyzes various factors like comparable listings, market trends, and seasonality to predict how a specific property might perform. It doesn't have access to the actual booking data of those properties.
Average Daily Rate (ADR):
The Rentalizer considers the ADR, which is the average price at which similar properties are listed for rent in the area.
Beyond estimates:
While not showing actual rental income, the Rentalizer provides valuable insights into potential revenue by analyzing comparable properties and market conditions, helping users make informed decisions about short-term rentals.
Focus on potential:
The tool is designed to help users understand the earning potential of a property as a short-term rental, rather than reporting past performance.
____________________________________________________________________
"In full transparency, I am the owner and developer of
https://www.getchalet.com/analytics/overview so I am going to try to be as open as possible about accuracy of platforms such as Airdna, Chalet and others. All of us rely on inferred data, what I mean by that is that the data is estimated using machine learning models that are getting better every day but no one has access to what we call "hard data", which is the actual data on the bookings."
