PriceLabs VS AirDNA: Which site is more accurate for determining potential revenue?

[Brendan Connolly]

I'm trying to understand the potential revenue that my property can bring in annually for AirBNB/Vrbo. Using the revenue calculators for both PriceLabs and AirDNA, the results are drastically different (PriceLabs projects far less income and occupancy than AirDNA). 

Does everyone find one of these sites more accurate than the other in regards to occupancy, avg price per night, total revenue, etc.? 

Any guidance from people who might have short term rentals and how your revenue matches up to the projections from these sites would be super helpful!

[Andrew Steffens]

I do not have experience with PL but have plenty with AirDNA.  Depending on the uniqueness of the property AirDNA can be a great tool but you NEED to have a subscription.  For example you have a 3/2 pool home in Florida.  In my experience with nice finishes and nice furniture it will bring in $80-100k in rental revenue.  However sometimes when I run one through AirDNA it may say $157k or $32k.  It may say $157k because it is pulling in waterfront homes that are spectacular and skewing the number higher.  Or it may pull $32k because most of the comps they pulled do not have pools.  If you have the subscription you can see the comp set and toss out irrelevant ones giving you a much clearer picture.