#169- Data expert shares how to identify STR opportunities in today's market - Jamie Lane

Previous Episode: #168 - Building a profitable STR business as a single mom serving in the military - Jessica Hinton

Next Episode: #170 - Creating over $5k/month STR cash flow as an immigrant starting from scratch- Milena Dorsey

Our guest today is Jaime Lane. He is an advisor, and Vice President of Research at AirDNA, where he also co-hosts the company’s podcast.

Jaime Lane's role at AirDNA entails analyzing data, pioneering innovative ideas, and utilizing cutting-edge analytical methods to offer fresh perspectives on short-term rental supply, demand, and pricing trends. His research has been featured in leading academic and professional publications, and he frequently shares his insights at lodging industry conferences and seminars.

Jaime has a deep background in economics and analytics, and he joins us today to give his insight into the industry and the benefits of using a tool like AirDNA for your business. Tune in!

Key Takeaways:

[00:55] Introducing Jamie Lane and his background

[03:55] Will AirBnBs threaten the hotel industry?

[05:55] AirDNA and its tracking capabilities

[12:00] The accuracy and reliability of AirDNA data

[21:27] AirDNA on market predictions and Investability

[24:51] Jaime’s insight on the Detroit and Maui markets

[26:59] On the development of AirDNA as a tool

[30:10] How to identify investment opportunities in today’s market

[37:58] Connect with Jamie

Guest Links:

Jamie’s Blog: https://www.airdna.co/resources
Twitter: https://twitter.com/jamie_lane