Submitted by Kristine Batra, host of South Tabor Stay in Portland.

Currently, Portland’s Accessory Short-Term Rental (ASTR) registry lists a total of 2,197 type A permits and 92 type B permits. To assist in boosting short-term rental revenue and occupancy, AirDNA sponsored a Host2Host event to provide a demonstration of their products.

As hosts, we look at comparable rates and booking trends to help set our nightly fees. The presentation from Ryan Young and Dillon DuBois (of AirDNA) helped to explain the inner workings of their service and algorithm, MarketMinder, which they stated ensures a 96.1% accuracy.

Hosts can register with their site for free, to review general insights or to use their Rentalizer tool, which compares up to 100 comps. A subscription would provide greater access to market guide, average daily rate, occupancy rate, revenue, customer support, and much more.

Their MarketMinder also provides 3 years of historical data for comparables. Their standard pricing is based solely on market size, ranging from $19.95 (less than 100 active listings), $39.95/mo (100-1000 active listings) and $99.95 (1,000+ active listings).

This was a great presentation on the functionality of AirDNA and they are offered a 10% discount through 10/30/2021 to Host2Host members.

Users can choose an annual paid subscription or month-to-month. For me, this tool has greater appeal to multi-site hosts, tourism, and large enterprises, as it seems there is a focus on specific host sites more than others and cleaning fees are not part of their data collection. I would encourage fellow hosts to go to their site and try their free features.

Host2Host members can view the meetup recording here.