How do I get occupancy data for specific regions to determine whether it’s a viable investment?

Answered!
Dan17831
Level 1
Niles, MI

How do I get occupancy data for specific regions to determine whether it’s a viable investment?

Looking to get occupancy data for several markets, and want to see what the historical information shows

Top Answer
Helen3
Top Contributor
Bristol, United Kingdom

You can buy market research reports from Airdna, your local tourism board, and speak to local estate agents and other sources to identify likely footfall

 

You need to specifically look at supply and demand for the sort of property you want to invest in and then do a profit and loss account with your set up and ongoing costs to understand likely profit levels. @Dan17831 

 

 

 

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4 Replies 4
Mike-And-Jane0
Top Contributor
England, United Kingdom

@Dan17831 I believe you can buy data from Airdna or some such website.

Sarah5000
Host Advisory Board Member
Adelaide, Australia

Agreed, perhaps Google it, then find the answer or using Chat GPT?!

Sarah

So you’re saying, Airbnb does not track occupancy rates in any way?  If that’s true, it’s a disservice to the community

Helen3
Top Contributor
Bristol, United Kingdom

You can buy market research reports from Airdna, your local tourism board, and speak to local estate agents and other sources to identify likely footfall

 

You need to specifically look at supply and demand for the sort of property you want to invest in and then do a profit and loss account with your set up and ongoing costs to understand likely profit levels. @Dan17831