Short-Term Rental Data – Can You Trust It?
Skift Take
The ‘Airbnbust’ debacle, which saw one short-term rental data vendor showing plunging host revenue way deeper than its peers, went viral. However, it does call for some introspection and interrogation to understand the data from different vendors that often is a bedrock for any story.
The ‘Airbnbust’ debacle, which saw one short-term rental data vendor showing plunging host revenue way deeper than its peers, went viral. However, it does call for some introspection and interrogation (on my part) to understand the data I get from different vendors that often is a bedrock for any story.
And I figured if I am to trust and use the data provided to me and then exhibit it to you, it’s a worthy pursuit to understand the methodology and technology and more importantly, where the data might fall short.
When I reached out to AirDNA, Beyond and PriceLabs, I was impressed with their prompt responses and enthusiasm to answer questions. Sure, it’s a chance to boast and give me the standard sales pitch for why their product is the best. But…that’s not what happened. Everyone I spoke to highlighted the problems first. Second, the challenges the industry faces as a whole and third, which took me most by surprise, they all knew what
