Renting your real estate on Airbnb is good, but getting income is better and generating profits is the icing on the cake.
Every day, tens of thousands of new guests arrive around the world on the Airbnb seasonal rental platform. Most often drawn to the possibilities of enrichment that allows tourist rental (provided to respect a few rules) they make the choice to become professionals of participatory housing among individuals. What income can you expect from the rental of your real estate on Airbnb? The site AirDNA is the ideal tool to know.
AirDNA, a specialist in the study of tourism housing
As his name already leaves him so well suppose, AirDNA is a metric analysis tool for Airbnb housing data. These data collected from the Airbnb announcement of the proposed real estate for seasonal rent are analyzed and processed by powerful algorithms. In order to be compiled into results exploitable by the hosts in order to improve their ads and therefore by ricochet their reservations, and in fine their income and profits.
Thus, if you want to know more about the revenues that your Airbnb accommodation is likely to generate, it is absolutely to AirDna that you have to turn.
AirDna, how does it work?
Simplistic AirDNA makes a market study. Indeed, you must know that when you rent your apartment, studio or room on Airbnb, the private data of this rental property is now public. Thus, everyone can have access to it, including the state. So don't cheat with the IRS, you'll be caught for sure.
However, this article is particularly interested in the potential gains your Airbnb accommodation can generate. Once your advertisement has been created, the data on your accommodation is public since now collected by AirDNA. These are then compared to those of thousands of other dwellings in more than 25,000 cities, in order to weight a metric study of the performance on the market of your ad.
All data are collected in a clear and modern dashboard. With interactive features and cartography, graphics and adjustable filters. The purpose of this data collection is to help hosts make informed decisions about their accommodation, the determination of fair prices, the identification of peak periods during which the accommodation is likely to register the most bookings in order to increase its positioning in the Airbnb classification and to increase income.
Estimated revenues on Airbnb
Once your ad is optimized, it becomes easier to estimate the revenues that can generate the accommodation put online on Airbnb. AirDNA therefore turns out to be a powerful prediction tool, but especially accompanying hosts in optimizing their Airbnb ad to increase their income and profits.
There is also the site Eliot Me , which tells you the average price of overnight stay and rental weekly in your city. However, it is not representative since your accommodation may not be common, or does not correspond to that average. The site can however give you a clue on which to base. However, the site gives you interesting data such as the most requested dates ( to annual events ), seasonality (high and low seasons), as well as annual weather.
More artisanal and fast, you can identify an ad similar to yours and make a quick calculation on a corner of your table.
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