4 ms·

Is there any data showing SF AirBnbs are going down? This is just a single host.

• none_to_remain 3y ago
  They give two sources of broader data, which you can take as you please: > Freedman is the owner of HostWell, a company that helps manage properties for short-term rental hosts across the Bay Area. [ ... ] Freedman estimated that pricing for Airbnbs in San Francisco is down about 40% from last year, and occupancy has declined by roughly 20-25%. > According to short-term rental data company AirDNA, nights stayed in vacation rentals in San Francisco in May 2023 were down 29% from May 2019. Interestingly there was no mention of asking AirBnb themelves for the ground truth.
  • rcme 3y ago
    Those numbers could also be a consequence of more people trying to rent out AirBnBs right? That’s always the biggest issue trusting host-reported occupancy rates.
  • loandbehold 3y ago
    HostWell data talks about occupancy of individual units. That tells nothing about total number of bookings. Supply of AirBnb units has been increasing faster than demand. That's why occupancy is decreasing. It doesn't show decrease demand for AirBnb. As far as AirDNA data I'm not sure whether they are talking about total nights stayed or something else. But I can certainly believe it's 30% below pre-pandemic levels. Chinese tourist flow hasn't recovered. That alone may account for most of the decrease vs 2019.