Airvestor
p/airvestor
Real-time Airbnb & hotel income estimates from 500K cities
Chris Messina
Airvestor — Real-time Airbnb & hotel income estimates from 500K cities
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Replies
Ian McHenry
Very cool. Looking at the P&L worksheets, seems very targeted at people who do this kind of investing for other real estate asset classes traditionally, which is great. One big challenge we've seen for vacation rentals even more so than hotels is the high volatility in occupancy and average nightly rates. It may already be in the product, but a sensitivity table for different ADR and occupancy rates might help investors understand the downside and upside range of possibilities, since it will vary a lot more than long-term rentals. (and of course, once they've bought, they can use @beyondpricing to optimize that revenue ;) )
Reuven Cohen
@ianmchenry @beyondpricing Hi Ian, ADR and occupancy is part of the service we will be rolling out. BeyondPricing looks like a great tool for our customer base.
ILYA SPEKHOV
How come average monthly rental price in Nicaragua is more than in Toronto?
Reuven Cohen
@ispekhov probably low inventory. Try adding a date range.
Chris Messina
Top Hunter
Hunter
A tool like this is useful for the real estate/investment community if you're interesting in purchasing property to offer on Airbnb. I won't comment on the economic challenges that this behavior might entail, because this may actually open up/encourage tourism/travel/local exploration in cities where these kinds of properties are opened up.
Narayanan Hariharan
@ruv Just tried searching for places in India but the results don't load. What am I missing?
Reuven Cohen
@narayananh i tried a few cities in india and was able to get results. What location are you searching for?
David Haddad
@ruv seems like the site has been discontinued? Curious how you initially gathered the pricing data...
Aaron Hanson
Anyone else seeing a blank screen?
Reuven Cohen
whoa, bit of a rush of traffic. white screen fixed.
Reuven Cohen
Hi I'm Reuven, the creator of Airvestor. Ask me any questions.
Benyamin Clayman
@ruv I am trying to use AirVestor to check out Jerusalem Israel for a 2 bedroom. I am getting very strange results. We are considering purchasing a property and are thinking about becoming an AirBNB host. Can you tell me what inputs are necessary to get an accurate picture of Jerusalem?
Reuven Cohen
@yozapli our best results are in USA, but I see $187.00 average for 2 bed room in Jerusalem and $223.44 for hotels.
Kieran
Is this more for prospective research or data and analytics for current investment properties?
Reuven Cohen
@albertaboy yes, our paid service offers more detailed forecasting.