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AirDNA review: Better pricing and pacing data with My Properties and Comp Set

airdna-review-demonstration

How to leverage AirDNA‘s new “My Properties” and “Comp Set” features to finetune your listing rates? How can you start with data about your market and then laser focus on your immediate competitors’ booking trends? How can they help you discover forward-looking market trends so that you can whether your prices are too high or too low in the upcoming months?

Making AirDNA more accurate with handpicked competitors’ data

airdna-review-demonstration

Rental Scale-Up’s Thibault Masson talks with AirDNA‘s Martha Wilson about the company new product features:

  • My Properties, which can import your Airbnb listings straight in AirDNA’s analytics dashboard
  • Custom Comps, which gives you access to a default comparative set of competing properties, which can further customize manually.

The combination of these two features allows to:

  • See how your immediate competitors are pricing their property (based on their average daily rate – ADR). On top of your local market level view, you get access to data of properties you’ve handpicked to be the most relevant for your analysis
  • Get pacing reports merging your competitors’ bookings: How many bookings are they getting for the 7 days? For the next month? For the next 6 months? At what rates? Are they taking advantage of booking spikes for specific dates that you should know about?

The video and demo will give you the answers to questions such as:

  • How does AirDNA get data about your local market and about your competitors?
  • What is an AirDNA score with a comparative set of properties?
  • How do AirDNA’s My Properties and Custom Comps work?

Video: AirDNA demonstration of new ways to capture competitors’ pricing and booking trends

More AirDNA reviews and tutorials on Rental Scale-Up

Here’s a list of previous articles that will help you better appreciate the range of AirDNA’s tools:

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Thibault is the founder of Rental Scale-Up. He owns vacation rentals in St. Barths and Bali. He also leads innovative projects for companies within the vacation rental industry. Feel free to reach out to Thibaut Masson on Linkedin.

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Dear Short-Term Rental Industry Member, Join Our Scalers Network

Our Mission

We bring together short-term rental industry members to create valuable business and personal relationships. With the support of vetted peers, you can deliver on your next individual project goals faster, work in private groups to share doubts and successes, and become a new voice that shapes the conversation about our industry.

Whether you are a property manager, an owner, an industry vendor, a listing site operator, an investor, or a consultant, you can become a member of our Rental Scale-Up family.  As property managers and industry vendors may not have the same needs, some of our activities work by affinity groups. For instance, we have one version of the mastermind group sessions reserved for property managers and owners, and another one for vendors and listing sites. This way, you get feedback from peers who understand your pains and can get you faster to getting results.

1. Action, Transformation & Results

  • Mastermind Group for Property Managers & Owners: A mastermind group is a group of peers who meet to give each other advice and support. Facilitated by Rental Scale-Up. One session every 2 weeks with your group for a least 3 months.
  • Ask a Property Manager: Hosts, owners and property managers benefit from the experience of a successful property manager. (1 per month)
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  • Mastermind Group for Industry Vendors & Listing Site Operators: A mastermind group is a group of peers who meet to give each other advice and support. Facilitated by Rental Scale-Up. One session every 2 weeks with your group for a least 3 months.
  • Ask an Expert Anything (for vendors and listing sites): An outside expert (e.g. a copywriter) shares their experience on a topic in an Ask Me Anything (1 per month)

2. News & Live Discussions

  • Investment & Deals  Discussion: Thibault and an M&A specialist/VC go over recent deals, M&A, investment rounds. Live, monthly.
  • Curated news: Save time. We read the news for you, curate the articles, and add our exclusive comments (weekly, in the Network Newsletter)
  • US Trends & Data Discussion: We analyze AirDNA’s latest report on US trends and zoom in on key markets (e.g. urban vs vacation rental markets).  Network members share what they see in the markets. Live, monthly.
  • Monthly Live online conference: Every month, our Network deep dives into a topic that is crucial to the short-term rental industry. 3 experts share their insights, best practices and answer your questions live.
  • European Trends & Data Discussion: We analyze AirDNA’s latest report on European trends and zoom in on key markets (e.g. UK, France, Italy, Spain).  Network members share what they see in the markets. Live, monthly.
  • Weekly Teardown with Thibault: Rental Scale-Up founder tears down one business news, every week, live.  Networker members share their views. No filter.

3. Facilitated Networking

  • Networking Booster: Meet new business partners and improve your networking game at an online event. Our team facilitates the event to make it easy for you to connect with your peers. (monthly)
  • Business Profile: Each new Scaler gets their profile featured in a dedicated article on RentalScaleUp.com. Get more visibility and authority.
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  • Job Offers: Network members can not only see job offers but also post theirs. If desired, job offers can be extended to all Rental Scale-Up readers (free and paid).

4. Deals on industry software and products

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