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Updated over 3 years ago on . Most recent reply
How accurate is Airdna?
What's everyone's experience with Airdna on accuracy of forecasting revenue, ADR, and booking or occupancy rate? I'm looking at several properties in Corpus Christi, Tx. Airdna says occupancy should be 60%, ADR is $233, and revenue is $54000. But when I compare listings the numbers are much lower. However we are going into the slow season.
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#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
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#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
Airdna is a great tool but you’ve got to understand it’s flaws. Your best bet is to go on Airbnb and see how much your neighbors are charging, (by clicking on the dates as if you’re going to book them), and see how booked they are.
It’s no different than a LTR. When I want to know what a perspective property will rent for..... I check out the competition on Zillow and Facebook marketplace. STRs are not listed on Zillow, they’re listed on Airbnb and VRBO- but it’s the same process.
This question gets asked a few times per month. Search the forum for “airdna” and you’ll find all kinds of threads.