Can You Really Trust That Revenue Projection? Inside How STR Data Actually Gets Made
Summary
AI-generatedMichael Chang interviews Jae Seok An, founder of AirBtics, about the nuances of STR data and how AirBtics can help hosts make informed investment decisions. They discuss the differences between scraped data vs data acquired from PMS systems, plus how review-matching can help verify data validity.
Key insights
Scraped data can sometimes be more comprehensive than first-party PMS (Property Management System) data, but there are tradeoffs between accuracy and coverage to consider.
Mistakes to avoid
Avoid averaging different data points from multiple platforms because it will guarantee an inaccurate answer.
Tools & resources
AirBticstool
Provides data to start your STR business smarter. The Market Explorer feature helps to find the best markets depending on criteria such as country, state, and locations. It also has an Airbnb calculator which you can use to quickly analyze deals.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial