AirDNA Says Your Midterm Rental Should Have These 5 Features

Midterm Rental ConsultingAug 9, 20240m 57s1.0K viewsScore 75
Pricing & Profitability
intermediate
Mid-Term Rental
Amenities
ADR
AirDNA
Pricing Strategy
M

Summary

AI-generated

The video discusses amenities that can increase the average daily rate (ADR) for mid-term rentals (MTRs), referencing data from AirDNA. While MTR renters may act like long-term renters once they have booked, they shop like short-term renters and pay attention to amenities, and things that boost ADR. Hot tubs, pools, and gyms are highlighted as the most impactful amenities that drive the ADR.

Key insights

  • AirDNA data shows that having cable TV can boost ADR by 10%.

Tools & resources

  • AirDNAtool

    A data and analytics platform for the short-term rental industry.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial