835: BiggerNews: How Hosts Are Making More Money Even As Airbnb Demand Drops w/Jamie Lane

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 24 October 2023

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Earlier this year, many Airbnb hosts expected the short-term rental market to fall off a cliff. With the threat of an economic recession, travel spending was supposed to crater, and with it, a slew of Airbnb failures. But that never happened. While demand did drop, supply increased, and daily rate growth eventually fell flat, there was no “Airbnbust” that so many doomsayers predicted. But, with another recession risk looking more real, are hosts still safe? We brought AirDNA’s Jamie Lane back to give his take on whether or not a short-term rental crash could happen this year or next. But that’s not all; Jamie also goes over what top hosts are doing NOW to increase their revenue and keep their businesses afloat even as rates come off their post-pandemic highs. Plus, what’s happening globally as a strong US dollar scares away would-be international travelers. If you run an Airbnb, this is data you must pay attention to. We’ll review which short-term rental markets are in danger, the amenities that will explode your occupancy, what to do when regulations get introduced in your city, and how to prepare if a recession cuts into Americans’ travel spending. In This Episode We Cover: The “Airbnbust” that never happened and why the short-term rental market held up Supply, demand, and why average daily rates are starting to fall across the industry Airbnb bans and short-term rental regulations that could immediately impact your business Global Airbnbs and why international travelers are steering clear of vacationing in the US Fires, floods, hurricanes, and other natural disasters threatening lives and Airbnb businesses Jamie’s advice on getting your first Airbnb and how to find a market that will last And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Tony's BiggerPockets Profile Tony's Instagram Hear Our Last Episode with Jamie Hear More from Tony on the “Real Estate Rookie Podcast” Use the BiggerPockets Airbnb Calculator Try AirDNA Today Attend Host Con with Rob Connect with Jamie: Jamie’s LinkedIn Jamie’s Twitter Jamie’s Podcast Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-835 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the BiggerPockets Podcast Show 835.
0:05.0	Yeah, that was definitely one of the predictions that we expected to come in for 2023
0:12.0	and to be a tailwind for demand but for large city urban areas like
0:17.1	they're still seeing some of the slowest demand growth across the country and
0:21.1	those markets are really highly dependent on international travelers.
0:26.2	So and it's really still a function of the strength of the dollar and it's still,
0:32.0	the dollar's still really strong.
0:34.1	We had expected it to weaken some as we got towards the summer travel season and that didn't happen.
0:40.1	Welcome back everyone.
0:41.4	Every week bringing you stories, how-toos, and the answers you need in order to make smart real estate decisions now, in the current market, and in the future markets. And today we are taking over bigger news, so move aside Dave Dave Meyer because it's me Rob Abisolo and my good friend Tony Robinson
0:57.2	Tony how you doing man I'm doing good Rob. It's always good when we get to share the mic together man
1:01.5	you know our producers call this the power
1:03.7	couple and I'm just gonna I'm gonna embrace that I'm gonna embrace that title man.
1:07.0	Yeah we got a good conversation to you know we got a good conversation to you know none other than Jamie Lane and Jimmy's official title is
1:13.8	SVP of analytics and he's the chief economist for Air DNA
1:18.0	and this guy is just like a an encyclopedy of all things Air B&B
1:22.0	so every time we get to chat with them I totally love it
1:24.3	Robin I go over what about those Airbnb bust rumors are they real how did Jamie's
1:28.8	predictions from we interviewed him back on episode seven hundred and twelve hold up and what markets are on track for growth this year.
1:36.0	Yeah we're also going to be covering how you can stay one step ahead and hack your growth in the ever
1:40.8	changing market. Look a lot of stuff has changed since he came on the show back in January,
1:46.1	and he's just giving us good insights on really how to look at your overall short-term
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.