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Updated about 7 years ago, 09/29/2017

User Stats

42
Posts
25
Votes
Tiffany Shan
  • San Francisco, CA
25
Votes |
42
Posts

comparing occupancy data sources

Tiffany Shan
  • San Francisco, CA
Posted

https://docs.google.com/spreadsheets/d/1Fqrb6yrmTn...

I'm in the middle of comparing Everbooked, Mashvisor, and AirDNA (may add Airnalytics). Spreadsheet is brief now but I will add about a dozen homes this weekend so you can use your own judgment and decide whose estimates seem most reasonable to you! Already I can tell they're quite seriously deviating. 

They're all quite expensive (pricing in spreadsheet) so I think the greatest FREE benefit from each is this:

Mashvisor: Can see their estimated annual revenue for homes without paying

AirDNA: Can see estimated occupancy by performance percentile by city (i.e. what an average home's occupancy is, what a top 25% home's occupancy is)

Everbooked: Can see estimated occupancy by size of home, by month, by city (so pretty granular!)

If you're trying to evaluate a potential home, I think you can triangulate pretty well by using all 3 services. If Mashvisor & Everbooked's predictions indicate a home would have to be a top-performer according to AirDNA, I usually downgrade my occupancy or ADR projections. I want to assume all potential homes will be average performers, and that way if they do perform exceptionally (or rather, if I as a host perform exceptionally) it can be icing on top of the cake.  

To me, the next interesting step is coming up with a systematic grading system and running the contents of the MLS through it periodically, so I can spend my time evaluating the top 10% of opportunities.

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