Industry Update - AirDNA, Placemakr, and Transparent Acquisitions
Summary
This article from "Get Paid For Your Pad" discusses industry updates, including acquisitions of STR data companies like AirDNA and Transparent. It also covers WhyHotel's rebrand to Placemakr and the implications of lifting COVID-19 restrictions on the STR industry. Hosts should pay attention to these market shifts and consider using data insights to optimize their strategies.
Key Insights
- •OTA Insight acquired Transparent, which provides STR data. Alpine Investors acquired AirDNA, a go-to data company in the STR space.
- •WhyHotel rebrands as Placemakr and raises $90 million in venture capital funding, using a unique business model.
Action Items
- ✓Consider how lifting COVID-19 restrictions could impact your STR business.Effort: lowImpact: medium
Tools & Resources
- →STR Legends Mastermind: STR Legends Mastermind
- →Legends X Short-Term Rental Accelerator: Legends X Short-Term Rental Accelerator
- →Get Paid for Your Pad: Get Paid for Your Pad Email List
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Curated by Learn STR by GoStudioM