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Updated over 7 years ago on . Most recent reply

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242
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107
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Melissa Kirchhoff
  • Ottawa, IL
107
Votes |
242
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Airbnb Occupancy Rate?

Melissa Kirchhoff
  • Ottawa, IL
Posted

I'm trying to work some numbers on a potential purchase. Now I realize this will be very specific to the location/property/price/marketing/etc but what would be an occupancy number you'd put on an Airbnb type rental? 

The numbers I have would work very well at 50% occupancy rate (15 days charging less than I would probably charge and pushing my expenses higher than I would imagine they would be and having cushion). So if that works, does that mean the numbers work? Is there something I may be missing?

Most Popular Reply

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23
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10
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William Crean
  • Rental Property Investor
  • Napa, CA
10
Votes |
23
Posts
William Crean
  • Rental Property Investor
  • Napa, CA
Replied

https://www.airdna.co is a good resource for data. I think you get state or local reports for between $30-50 and it might help you make up your mind.

You also can just manually search listings, count reviews and guesstimate occupancy.

If it was me (and considering the amount of money invested) - I'd fork out a small amount on data and research.

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