![]() They’re comparing historical market performance with current performance to see whether markets are recovering or not and what the pace of recovery looks like. Sarah’s team is now developing ways to provide valuable insight based on the data they do have.Some of these tools have even disabled their services because they recognize that they can’t make accurate predictions when the market is in such an uncertain state. Since short-term rental pricing tools ( Pricelabs, Airbnb’s Smart Pricing, even AirDNA’s own tool) provide recommendations based on historical data and trends, their recommendations aren’t necessarily accurate right now.Travel may be more localized this year that is, people will travel within their own country rather than internationally due to lockdowns and travel restrictions.The Hamptons market, for example, is seeing a big increase in bookings (300%) driven by people leaving NYC to self-isolate outside the city. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |