AirDNA Acquires Location Intelligence Platform Arrivalist
Arrivalist pioneered the use of location data in the travel industry, using its patented technology to create bold insights into the way travelers interact with destinations.
Arrivalist pioneered the use of location data in the travel industry, using its patented technology to create bold insights into the way travelers interact with destinations.
AirDNA's demand forecast for 2023 has increased to 10.4% year-over-year (YoY) growth, doubling expectations from the start of the year.
AirDNA's latest monthly market review indicates this summer will be the strongest on record, with booked vacation rental demand already up 10% from last year's highs. And travelers are planning ahead for their stays: March 2023 saw the highest number of nights booked for future travel of any month on recordmore than 21 million.
AirDNA's 2023 outlook report confirms that the U.S. short-term rental (STR) industry is poised for further growth, remaining strong in the midst of a possible recession.
The economy has been quietly adding hundreds of thousands of new jobs, and AirDNA data shows that Short-Term Rentals demand and bookings are actually up over 2021.
Q2 2022 is looking even better, with booking pace 88% higher than 2021.