In this episode, we welcome back Jamie Lane, SVP of Research at AirDNA, to discuss the booming trend of unique stays in the hospitality industry.
Over the past few years, the demand for unique stays—think A-frames, yurts, and treehouses—has skyrocketed. Jamie and I delve into the data behind this trend, exploring how travelers' preferences have shifted towards distinctive and memorable accommodations and the challenges and opportunities for entrepreneurs looking to break into this niche market.
Jamie and I discuss:
- Just how many unique stays exist on platforms like Airbnb and Vrbo
- How the number of unique stays has doubled since 2018 and is the fastest growing segment of stay on the OTAs
- The average ADR of a unique stay vs a more traditional STR/VR stay
- What we can learn from the markets where unique stays are plentiful — like the Texas Hill Country and Blue Ridge, Georgia
- Where the biggest opportunities to build new unique stays lie
- How AirDNA is working on marking the data they have on unique stays more actionable and accessible to entrepreneurs
- And so much more
So many of you who listen to this podcast have built, are building, or desire to build unique stays — and I think you'll really enjoy Jamie's insights here.
This episode is brought to you by our friends at AirDNA
Want to see if a Treehouse resort in Dubai pencils? You can do so in AirDNA.
Want to buy land in Ontario to build a Glamping resort? AirDNA will show you how other, comparable products are performing in the region.
Or maybe you've already got your stay up and running and you want a better understanding of how your Airbnb compares to others in the market? You can connect your listing to AirDNA and get accurate nightly pricing recommendations based on real-world, real-time demand.
AirDNA is the key you need to unlock the insight behind what it's going to take to bring those big dreams you have to life.
Pay just $25/month and access ANY market in the world — AirDNA is cheaper, faster, better, and stronger to use than ever before.
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About the Show
Behind the Stays is brought to you twice a week by Sponstayneous — a free, biweekly newsletter that brings subscribers the best last-minute deals and upcoming steals on Airbnb.
You can subscribe, for free, at www.sponstayneous.com.
Behind the Stays is hosted by Zach Busekrus, co-founder of Sponstayneous, you can connect with him on Twitter at @zboozee.