In this episode of the STR Data Lab, Jamie Lane is a guest on Wil Slickers podcast Slick Talk where they dive into his history within the travel and tourism sector. They discuss the impacts of COVID-19 on market dynamics and make predictions on the future of the STR (Short Term Rental) market. Topics include AirDNA's acquisition of Uplisting, the new video series 'Jamie's Lane Change,' and Lane's recent adventures in real investment. Jamie shares his extensive career, starting from his work at P...
Dec 26, 2024•1 hr 13 min•Ep. 113
In this episode of the STR Data Lab Jamie Lane, Chief Economist at AirDNA, and Scott Sage recap November's key metrics in the short-term rental market and projections for the future. They discuss metrics such as Average Daily Rate (ADR), occupancy, RevPAR, listings, and demand growth, all of which exhibited positive year-over-year signals. Special attention is given to ADR, which saw a 7% growth in November, partly due to easy comparisons with last year's 3.9% decline. The hosts highlight the de...
Dec 19, 2024•22 min•Ep. 112
In this episode of the STR Data Lab, Jamie Lane, chief economist at RDNA, interviews Madison Rifkin, CEO and founder of Mount. The discussion begins with an overview of Mount, a three-sided marketplace connecting hosts and property managers with their guests and local businesses. Madi emphasizes the importance of offering unique local experiences, rather than just focusing on the property itself. Jamie and Madi delve into her accidental entry into the short-term rental space and her pivot from s...
Dec 12, 2024•40 min•Ep. 111
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, sits down with Bram Gallagher, the Director of Economics and Forecasting, to discuss the current state and future outlook of the short-term rental market. They start by reflecting on their successful prediction from last year that 2024 would see a balance between supply and demand. Discussing the economy's resurgence, Bram details how 2023 was marked by slow GDP growth, high inflation, and recession worries, but 2024 has...
Dec 05, 2024•35 min•Ep. 110
In this episode of the STR Data Lab, Jamie sits down with Matt Kruger, co-founder of DSM Stays and a short-term rental investor based in Iowa. Matt shares the story of his transition from long-term rentals to short-term rentals, motivated by a desire for higher cash flow and more control over his investments. Initially hesitant to invest out of state, Matt chose to stay local in Iowa, where he has seen significant success. Influenced by content creators on social media, Matt was inspired to expl...
Nov 28, 2024•39 min•Ep. 109
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, VP of Marketing Scott Sage discuss the October performance of the short-term rental market. The conversation starts with a brief discussion on the 2023 U.S. election results and its potential implications for the industry. They report strong occupancy growth for October with demand remaining stable, and highlight the overall positive trends in RevPar, available listings, and total demand nights. Despite some variations i...
Nov 21, 2024•25 min•Ep. 108
In this episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, explores the critical role of Short-Term Rental Insurance with Nick Massey, Director of Sales at Proper Insurance . Together, they unravel the complexities of securing insurance tailored to short-term rental properties and discuss practical steps for mitigating risks. Whether you’re an Airbnb host or a seasoned property operator, this episode dives into Climate Risk Insurance, Insurance for Airbnb Hosts, and why customized c...
Nov 14, 2024•54 min•Ep. 107
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, welcomes Sam Dundas from Besty AI. Sam explains how his background as a property manager led him to create Besty AI, which provides automation for PMS systems. They discuss the company’s rapid growth, reaching 17,000 paying properties within a year and nearing a million in revenue. Their success is attributed to AI applications that streamline guest communications, task management, and review analysis. He notes that Best...
Nov 07, 2024•50 min•Ep. 106
In this episode of STR Data Lab, Jamie and Scott provide a masterclass on how to run a successful Airbnb. Featuring Scott Sage, Vice President of Marketing & Customer Experience at AirDNA , the discussion centers around actionable insights for maximizing revenue, enhancing guest experiences, and leveraging data to stay ahead of the competition. With their combined experience, Jamie and Scott unpack everything from effective guest communication to the importance of conducting a thorough compe...
Oct 31, 2024•36 min•Ep. 105
In this episode of The STR Data Lab, Jamie sits down with Daniel Cruz, founder of Washbnb, to explore the ins and outs of efficient laundry and housekeeping for short-term rentals. Whether you’re managing a single property or a large portfolio, laundry is often one of the most time-consuming and overlooked tasks. Daniel shares practical strategies to streamline these processes, helping hosts save time, money, and keep operations running smoothly. Daniel emphasizes the importance of using high-qu...
Oct 24, 2024•13 min•Ep. 104
In this episode of The STR Data Lab, Jamie and Scott broadcast live from the VRMA conference in Phoenix, Arizona, where they break down the key issues shaping the short-term rental industry today. They emphasize why events like VRMA are more important than ever, offering a crucial space for the industry to come together and tackle pressing challenges head-on. The conversation kicks off with the aftermath of hurricanes Helena and Milton, which caused a wave of cancellations across Florida and Nor...
Oct 17, 2024•17 min•Ep. 103
In this episode of The STR Data Lab, Jamie Lane sits down with Marc Hostovsky, CEO and founder of Minoan, to talk about how their platform is simplifying the short-term rental game for hosts. Jamie shares his personal experience using Minoan to furnish his own listing, emphasizing how straightforward the process was and the competitive pricing he found. Marc explains that Minoan is a purchasing and supplier management platform designed specifically for hosts, providing access to well-known brand...
Oct 10, 2024•50 min•Ep. 102
In this episode of STR Data Lab, Jamie and Scott dig into the highs and lows of the summer season and give their predictions for what’s coming this fall. They kick things off by talking about a 4% increase in RevPAR over the summer, even though nearly half of submarkets saw declines. Jamie and Scott remind us that local market trends are key to understanding the bigger picture. August was a standout month, with a 12% boost in demand, thanks in part to the timing of Labor Day. Jamie also highligh...
Oct 03, 2024•28 min•Ep. 101
As we hit this 100th episode milestone, we want to take a moment to thank all of our listeners for your support. Whether you’ve been with us from the beginning or joined us along the way, we appreciate you being part of this journey! In this 100th episode of the STR Data Lab, Jamie celebrates the milestone by sitting down with AirDNA co-founders Scott Shatford and Tom Caton to reflect on the company’s journey and what lies ahead. They recount the early days, starting with Scott’s 2014 project—a ...
Sep 26, 2024•1 hr 9 min•Ep. 100
In this episode of STR Data Lab, Jamie sits down with Matthew Orley, CEO of Red Cottage, to explore the company’s unique approach to short-term rentals. Matthew shares the story behind Red Cottage, which he acquired two years ago, and explains its focus on design-centric homes in the Catskills and Hudson Valley regions. Red Cottage primarily caters to weekend travelers from New York City, Boston, and Philadelphia, with an emphasis on aesthetically appealing properties across various price points...
Sep 19, 2024•41 min•Ep. 99
In this episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, sits down with Tyann, the 'Queen of Guest Experience,' to explore the art of guest communication in the short-term rental space. Tyann shares her personal story, reflecting on how clear, consistent communication has been key to her success. From early challenges with math in college to her rise as an industry leader, she brings authenticity and insight to the conversation. Tyann’s journey started in 2007 as a "hobby host," a...
Sep 12, 2024•47 min•Ep. 98
In this episode of the STR Data Lab, Jamie and Scott explore the exciting potential of investing in short-term rentals near national parks. They kick things off with a fun conversation about their personal experiences visiting these natural wonders before diving into AirDNA’s latest research. This analysis uncovers the top 10 markets for short-term rentals near national parks, focusing on key metrics like occupancy rates, average daily rates, and home values. Jamie and Scott break down the metho...
Sep 05, 2024•21 min•Ep. 97
In this episode of the STR Data Lab, Jamie is joined by Taylor Jones and John Bianchi, both experts from STR Search, a short-term rental consulting firm that helps people understand Airbnb data to invest with confidence. Together, they explore the intricacies of the short-term rental investment market, emphasizing the importance of data-driven decisions. Jamie begins by sharing his personal experience of purchasing a short-term rental with Taylor and John's help. Taylor provides insights into th...
Aug 29, 2024•1 hr 2 min•Ep. 96
In this episode of the STR Datalab, Jamie and Scott kick off by discussing their summer experiences and share their favorite Olympic moments, while exploring how the Paris Olympics have influenced the short-term rental industry. The hosts highlight a significant boost in Airbnb listings and demand during the Olympics, driven by an expanded supply in Paris. The episode also unpacks Airbnb’s Q2 2024 earnings report, noting strong growth tempered by concerns over shortening booking lead times and a...
Aug 22, 2024•31 min•Ep. 95
In this episode of STR Data Lab, host Jamie Lane sits down with Niko Karstikko, CEO and co-founder of Bob W, a unique hybrid hospitality brand. Niko shares the vision behind Bob W, a concept that blends the best features of hotels and short-term rentals, ensuring branded consistency, high-quality experiences, and a strong connection to local culture. Throughout the conversation, Niko elaborates on the technology-driven approach that reduces human error and enhances responsiveness to guests. He d...
Aug 15, 2024•46 min•Ep. 94
In this episode of the STR Data Lab, Jamie Lane welcomes Ben Gross, CEO of Minty Living, as their first two-time guest. Ben provides an overview of Minty Living, highlighting its growth and technological advancements over the past four years. The conversation explores the challenges and importance of technology in scaling operations in the short-term rental market. Ben discusses the operational complexities and his approach to integrating technology for better efficiency and profitability. They ...
Aug 08, 2024•41 min•Ep. 93
In this episode of the STR Data Lab, Jamie Lane sits down with Michael Elefante, a successful real estate investor specializing in short-term rentals. Michael shares his inspiring journey from aspiring professional baseball player to achieving financial freedom through real estate. They explore pivotal themes like market selection, property and revenue management, and the critical role of design in attracting bookings. Michael offers insights into overcoming initial struggles, the significance o...
Aug 01, 2024•46 min•Ep. 92
In this episode of the STR Data Lab, Jamie sits down with Mike Sjogren, CEO of STR Secrets. Mike shares his journey from being a CPA with a stable job to building a successful short-term rental business after his son was diagnosed with a rare lung disease. He explains how he transitioned from owning one rental property to managing 82 properties across three states. Mike delves into the importance of co-hosting, comparing it to rental arbitrage, and highlights the benefits of co-hosting in terms ...
Jul 25, 2024•47 min•Ep. 91
In this episode of the STR Data Lab, host Jamie Lane sits down with Dr. Rachel Gainsbrugh, CEO of Short Term Gems, to explore insights into short-term rental data and trends. Rachel shares her journey from being a pharmacist to becoming a thriving short-term rental operator. She recounts how the Bigger Pockets community and Warren Buffett’s advice to "make money while you sleep" sparked her interest in real estate investment. Rachel highlights the critical factors like debt-to-income ratio and l...
Jul 18, 2024•37 min•Ep. 90
In this episode of the STR Datalab, hosts Jamie Lane and Scott Sage explore the future of short-term rental markets over the next five years. The discussion kicks off with insights into recent vacation rental demand, notably influenced by population shifts during the COVID-19 pandemic. They delve into their predictive methodology, emphasizing factors like population growth, employment, and feeder cities. Jamie explains the concept of feeder cities and their significance in anticipating rental de...
Jul 11, 2024•22 min•Ep. 89
In this episode of STR Data Lab, Jamie Lane, Chief Economist at AirDNA, welcomes Nils Mattisson, CEO and co-founder of Minut. The discussion begins with the founding story of Minut, a company focused on privacy-preserving monitoring solutions for short-term rentals. Nils explains how their technology leverages AI and edge computing to help hosts monitor their properties without invading guest privacy. The two cover the importance of noise monitoring in maintaining good relationships with neighbo...
Jul 04, 2024•39 min•Ep. 88
In this episode of the STR Data Lab, host Jamie Lane welcomes Henry Washington, a real estate investor who transitioned from a crisis into a thriving investment career. Henry's real estate journey began in 2017 when a simple Google search opened his eyes to real estate investment opportunities. Starting with just $1,000 in savings and poor credit, Henry made his first real estate acquisition for $116,000, creatively financing it by borrowing against his wife’s 401(k) and securing a conventional ...
Jun 27, 2024•43 min•Ep. 87
In the latest episode of the STR Data Lab, Jamie Lane and co-host Scott Sage break down May's U.S. market performance. They highlight a 7% increase in available listings—the lowest growth seen in three years—and an 11% rise in demand, which has led to a 3% increase in occupancy rates. Despite these gains, occupancy rates still trail behind 2019 levels, albeit with signs of a rebounding market. Jamie points out that the average daily rate (ADR) growth is up 1.5%, with a noticeable shift towards l...
Jun 20, 2024•29 min•Ep. 86
In this episode of the STR Data Lab, Jamie Lane, the chief economist at AirDNA, welcomes Shawn Moore, CEO and founder of Vodyssey, for a long-overdue conversation. Shawn shares his journey in real estate, which began after a short stint in employment post-college. His career in real estate spans over 24 years, starting with fix-and-flip properties and long-term rentals before transitioning to short-term rentals. This shift occurred accidentally when he bought a second home in 2006 and started re...
Jun 13, 2024•48 min•Ep. 85
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, invites Ben Wolff, co-founder of Onera and Oasi. Ben traces his journey from starting Sensei, an early rental management company, to establishing his own unique vacation rental business. Inspired by his passion for real estate and technology, Ben ventured into the unique stays sector by creating Onera, a high-end treehouse retreat in Texas Hill Country that quickly gained success. Onera cleverly blends the natural enviro...
Jun 06, 2024•38 min•Ep. 84
