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Updated almost 6 years ago,
Reviews indicative of occupancy?
I’m pretty new to real estate investing in general and I’m trying to get a feel for what kind of occupancy rates are going on in my area with AirBNB. Is it reasonable to summize that the number of reviews left per month for a host would be an accurate indication of the number of bookings? (I realize that can’t give true occupancy since I don’t know the length of stay and of course there could be some guests that don’t leave reviews)
I just don't think the demand is real high here. The free report on AirDNA suggested about 50% occupancy for a property I'm interested in for STR potential. A local super host with a very comparable property that only requires a 1 night minimum has 38 reviews in the last 12 months (3.17/mo. avg.). Could that really come close to 50% occupancy? Guests would have to avg. a 4+ night stay.