Larger Airbnb Short Term Rentals Properties (4BR+) Made More Money in Summer 2022

Michael ChangSep 28, 20222m 41s64 viewsScore 75
Pricing & Profitability
intermediate
larger properties
RevPAR
ADR
occupancy
investment strategy
M

Summary

AI-generated

This video reveals that larger short-term rental properties (4+ bedrooms) outperformed smaller ones in Summer 2022, showing higher RevPAR due to increased ADR despite lower occupancy. Hosts can learn why this trend occurred and consider it for future investment decisions.

Key insights

  • Larger properties were able to increase their average daily rate (ADR) significantly (double-digit growth) to offset lower occupancy, while smaller properties saw only mid-single-digit ADR growth.

Mistakes to avoid

  • Relying solely on scraped data (like from AirDNA) might provide broader coverage but lacks the higher quality and direct owner insights offered by platforms like Qdabra.

Tools & resources

  • Michael Chang's Airbnb Tipscourse

    Michael Chang offers a FREE MasterClass Guide on Airbnb tips and can be followed on TikTok and Instagram for more advice.

Frequently Asked Questions

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