In this week's episode, Jamie sits down with Bram Gallagher, a fellow economist at AirDNA. Together, they unpack September's U.S. market data and share a pulse check on the industry as we navigate the year's final quarter. After August's industry-wide dips, September brought welcome surprises. Demand rose to 12.2%, and revenue increased to 15.1%, signaling that last month's downturn was more of a blip than a trend. However, we've now seen 19 months of continuous decline in occupancy, although re...
Oct 12, 2023•31 min•Ep. 53
In this milestone episode, Jamie Lane sits down with co-host Paralee Walls, VP of Marketing at AirDNA, to celebrate the first anniversary of STR Data Lab. To celebrate, we've curated a special journey through the top 12 key industry topics that have captivated our audience over the past year. We kick off by revisiting the origins of the podcast, before debunking the widely circulated "Airbnbust" narrative. We also unpack the looming recession talk, and spotlight AirDNA's innovative new products ...
Oct 05, 2023•31 min•Ep. 52
In this week's episode, Jamie sits down with Paralee Walls, co-host at STR Data Lab and VP of Marketing for AirDNA. Before diving into the August data, Paralee unpacks her Oktoberfest experience in Munich, which Jamie reveals saw a 30% surge in demand and a 20% increase in ADRs compared to last year. Although August sits squarely in the peak of summer travel, demand didn't sizzle as much as in July. We witnessed another month of declines: RevPAR dipped by 4%, and occupancy fell by 4.2%, reaching...
Sep 28, 2023•21 min•Ep. 51
In this week's episode, Jamie Lane chats with Sean Breuner, CEO of AvantStay, about what's driving the company's rapid growth and where he sees the short-term rental market going in the next five years. AvantStay is part of a new generation of property management firms that have quickly become big players in the STR scene. Operating in 45 markets and around 120 cities, the company's aim is to bring hotel-level consistency and high-quality experiences to homes across the U.S. One of the challenge...
Sep 21, 2023•45 min•Ep. 50
In this week's episode, Jamie Lane sits down with Aaron Koppinger, AirDNA's Director of Product, to tackle one of the biggest challenges in STR investing: finding the right market and property that aligns with your goals. We've listened to your feedback and reimagined AirDNA to be your comprehensive guide in the world of short-term rentals. AirDNA now offers flexible subscription tiers that replace market-based pricing, as well as innovative Market Scores—a numerical rating system that supersede...
Sep 14, 2023•30 min•Ep. 49
In this week's episode, Jamie sits down with Bram Gallagher, a fellow economist here at AirDNA. With nearly a decade of experience as a travel economist, Bram helps us navigate the potential challenges facing both our industry and the broader economy as we move into the latter half of the year. Hurricane season is upon us, and we delve into how these natural disasters have historically impacted markets, as well as their current effects. Bram notes that while these events can be highly localized,...
Sep 07, 2023•32 min•Ep. 48
In this week's episode, Jamie sits down with Isaac Collazo, VP of Analytics at STR. Isaac is a veteran in the hotel industry and has worked for various major hotel brands over the years. The two discuss the differences between hotels and short-term rental companies, as well as their future prospects. Isaac notes that the hotel industry is starting to normalize, with metrics approaching their 2019 levels. Demand is only 1.6% lower year-to-date compared to 2019, and daily room bookings are just un...
Aug 31, 2023•38 min•Ep. 47
In this week's episode, Jamie sits down with Marcus Rader, the Founder and CEO of Hostaway. Hostaway is a vacation rental software company that’s on the path to becoming the platform with the biggest market share in our industry. Back in 2015, before the STR boom happened, Marcus saw us heading in this direction. He noticed homeowners sitting on properties, only using them for a few weeks out of the year, and not capitalizing on them — so he decided to dedicate his career to helping STR owners. ...
Aug 24, 2023•33 min•Ep. 46
In this week's episode, Jamie sits down with Paralee Walls, the new co-host at STR Data Lab and the brand-new VP of Marketing for AirDNA. Before unpacking July's data, Paralee shares her excitement about her new role at AirDNA and her vision for leveraging data to enhance the lives of people across the industry. July was not only a hot month in terms of temperature, but also in booking trends. The month set a new record for nights spent in short-term rentals across the US, with 35.4 million nigh...
Aug 17, 2023•35 min•Ep. 45
In this week’s episode, Jamie sits down with Robin Simon, partner at Easy Street Capital. Established in 2016, Easy Street Capital has risen to become one of the leading DSCR lenders in the industry for investment properties. They specialize in Long Term, Short Term, and Multifamily rentals. Given the uncertainty of the market, many questions arise about how investors should handle their investments. Robin shares that, from the lending perspective, he hasn’t observed many defaults or delinquenci...
Aug 10, 2023•29 min•Ep. 44
In this week’s episode, Jamie sits down with Paul Kromidas, CEO and Co-Founder of Summer. Paul started his journey in the short-term rental industry working on the Lux team at Airbnb, with a mission to introduce luxury short-term rentals into the market. Despite these types of rentals being notorious for generating the lowest occupancy rates in the industry, they saw the most significant increase during the pandemic. With Summer, Paul now assists homeowners in not only finding but also investing...
Aug 03, 2023•29 min•Ep. 43
This week, Jamie sits down with Avery Carl, CEO and founder of The Short Term Shop. Like many others, Avery stumbled into this industry after owning a long-term rental in Nashville and a short-term rental in the Smokies. Over time, people began to ask her about her rentals, and things organically grew into what is now known as The Short Term Shop. Avery’s real estate agency, operating under EXP, boasts a team of 70 agents across 19 vacation rental markets. In today’s uncertain market, Avery says...
Jul 27, 2023•32 min•Ep. 42
Jamie Lane sits back down with Demi Horvat, CEO of AirDNA, this week to talk about AirDNA's acquisition of Arrivalist, the leading provider in Location Intelligence. They also discuss the reoccurring topic of if we're going to see a recession in the back half of 2023. According to the latest economic data, Jamie doesn't see that happening just yet. The US created 209,000 jobs in June, Inflation came in lower than expected at 3%, and the producer price index increased only 1%. Although the FEDs r...
Jul 20, 2023•39 min•Ep. 41
Jamie Lane sits down with Benjamin Gross from Minty Living. They were recently nominated for the Shortyz Award for Urban Property Manager of the year and over the last 3 years they've been able to scale from just 5 properties to now 180. Their company is based out of Atlanta, Georgia where the Film Industry has been growing rapidly and they've been capitalizing on it. We discuss the importance of onboarding properties when trying to scale your company and how Benjamin was able to put the technol...
Jul 13, 2023•50 min•Ep. 40
Jamie Lane sits back down with Demi Horvat, CEO of AirDNA, this week who is at the IMN Conference in Austin, TX. She talks about the hot topics of the conference such as the markets resiliency, generative AI, and the different amenities/fee's that guests are talking about. Jamie addresses the viral tweet regarding the potential AirBNB Collapse and gives his perspective on the viral tweet and where he see's the market actually going. You don't want to miss this episode! ~~~~ Jamie's Tweet: https:...
Jul 06, 2023•27 min•Ep. 39
On today's episode we sit down with Carolyne Beaulne, the host of That Realtor Investor Show. She got her start investing out in Joshua Tree, California. With the town having over 3 million visitors every year, Carolyne saw this national park to be her ideal spot to start her STR journey. In 2022 she was able to get 89% occupancy compared to the average of 61%. She looks to duplicate her model in multiple National Park markets around the country. She prides her success off of being resourceful f...
Jun 29, 2023•36 min•Ep. 38
Michael is the host of the Short Term Rental Secrets Podcast and founder of the Short Term Rental Secrets Mastermind, a mentorship and mastermind program that helps investors launch, automate and scale their short-term rental portfolios. Michael and his wife Krysten founded Occupied, a national short-term rental investment and management company in 2017, as a vehicle to build passive income so they could stop trading away time from family for a paycheck. That vision came to fruition within 18 mo...
Jun 22, 2023•45 min•Ep. 37
Jamie Lane sits down with Demi Horvat, CEO of AirDNA, this week to talk about the mid-year short term rental outlook report in the US. We seen another month of strong demand which was up 11.9% which was slightly up from last month, although we did see a dip in supply grown which is down to about 15%. We've also now seen 15 consecutive months of declining occupancy but those are off the record highs of 2023. Inflation has become an issue in the economy which has caused the FED to raise interest r...
Jun 15, 2023•36 min•Ep. 36
When she’s not busy running day to day operations at Roami (formerly Sextant) as their COO, Brandy is co-hosting the Good Morning Hospitality podcast. With no road map or rules to follow, Brandy helped grow Roami from a bootstrapped group with a few employees to a well-run organization that came out of the pandemic with 800% growth. Her experience leading a startup in an unpredictable industry has made me adaptable and capable of taking on a constant stream of challenges with a positive attitude...
Jun 08, 2023•48 min•Ep. 35
Jamie Lane sits down with Bram Gallagher, a fellow AirDNA economist. With the industry growing larger and larger everyday there's a lot of talk about regulations and what short term rentals bring to our neighborhoods. Bram breaks down the data behind how regulations effect the STR industry, how STR's can effect surrounding housing prices and also what kind of effects they can have on the local economy. You don't want to miss it! ~~~~ Signup for MarketMinder for FREE👇 https://www.airdna.co/vacat...
Jun 01, 2023•35 min•Ep. 34
Jamie Lane sits down with Mariah Kamei this week to talk about STR trends for April. Based on Q1's earnings travel has proven to be resilient despite the current economic climate and the data shows that consumers continue to prioritize spend on travel over all other things. According to Expedia's earnings we have now doubled Q1 of 2019s booking revenues which were pre-pandemic levels. Despite those numbers we've seen another month of declining occupancy which is now 14 months of declining occupa...
May 25, 2023•34 min•Ep. 33
“Where to invest?” is a common question we hear from investors—and for good reason. But when and why should I invest are just as important. Because markets and traveler trends are always changing, which can lead to lots of inaccurate guesswork. Our latest report explores where people are actually buying or thinking of buying a short-term rental. The report complements our Best Places to Invest Report [link https://www.airdna.co/blog/best-places-to-invest-in-us-vacation-rentals-2023] which focuse...
May 18, 2023•30 min•Ep. 32
Short Term Rentals In Indiana?! On today's episode we sit down with Kirby J Atwell who went from serving in the Army to owning and managing Short Term Rentals. Kirby talks about why he prefers buying houses in Utilitarian Markets vs. the more Commercial/High End Properties in popular markets. He also discusses why it's important to focus on design of your property and how it'll pay dividends down the road. You don't want to miss this episode!
May 11, 2023•46 min•Ep. 31
This week, Jamie Lane sits down with Derrick Barker, Co-Founder & CEO of Nectar to dive into short term rental financing and the origins of Nectar. Nectar was founded with the desire to provide fast, flexible, and non-debt financing to rental property owners and managers looking to scale their rental portfolios. Derrick breaks down some of the portfolio characteristics his company looks for when assessing applicants and dives into some of the ways rental owners have been using their cash adv...
May 04, 2023•31 min•Ep. 30
Jamie Lane sits down with Mariah Kamei this week to talk about US and Europe STR trends for March. March proved to be another month of demand gains with nights booked up 12% YOY and overall nights stayed up 16% YOY, fueled by a strong spring break. Supply increased 20% YOY, a significant slow down from 26% last month with the downward trend expected to continue. Occupancy this summer is expected to be the third highest on record behind 2021 and 2022. With the major supply increases the industry ...
Apr 27, 2023•25 min•Ep. 29
John Hildebrand and Mariah Kamei sat down to talk about the joys and challenges of operating short-term rentals. John is a seasoned owner and property manager who first started by renting out a room in his Malibu apartment to help pay his rent. As a kid, John moved frequently which fostered a love for real estate. His life experiences and that first shared-room listing launched a small management empire in Arizona. John is a self-professed real estate and STR addict who loves converting a new pr...
Apr 20, 2023•52 min•Ep. 28
This week we sat down with Paul Stevens… just in time for the Shortyz! Paul is the editor of ShortTermRentalz and we’re here to talk about the trends he has seen in the industry over the past 4.5 years. We dive into unique stays and how they have become popular over the years and how ShortTermRentaz reports on these trends. Paul also discusses how he wants to bring the whole industry together at different events. We also dive into the Shortyz… and AirDNA has been nominated for two! We have been ...
Apr 13, 2023•40 min•Ep. 27
This week, Jamie sits down with Leslie from Rebl Rentals to explore her journey in the vacation rental industry. She explains how feature walls were able to boost bookings for one of her properties, and now she tests it at all of her properties because we live in a Instagramable world. She dives deeper into why the Super Bowl was a complete bust in Arizona and so much more. Connect with Leslie below! ~~~~ Connect with Leslie: https://reblrentals.com/ - Discount Code 10% Off - JAMIE10 @reblrental...
Apr 06, 2023•36 min•Ep. 26
We sat down with STR owner and educator Stacey St. John to discuss how she found her passion for renovating, owning, and operating short-term rentals. She discusses how she loves to do this, and when you love doing something, it never feels like you are working. Listening along to find out how she got started and where she plans on going. ~~~~ Connect with Stacey: https://www.instagram.com/stacey_st.john/ https://staceystjohn.com/ https://hospitality.fm/show/the-str-sisterhood/ ~~~~ Connect with...
Mar 30, 2023•46 min•Ep. 25
This week, Jamie and Mariah dive deep into the data while keeping things short and sweet. Despite February typically being the weakest month for demand, this past month has seen some interesting trends in the vacation rental industry. With a staggering 13 million nights stayed in February alone, demand was up YoY by 18%. However, occupancy was down YoY by 1.8%, indicating a significant increase in new listings — up 26% YoY. While some of this growth is due to the lengthy process of listing, it i...
Mar 23, 2023•23 min•Ep. 24