AirDNA Acquires Trip Property Administration Software program Uplisting
The acquisition represents AirDNA’s first foray into the day-to-day operations of short-term rental properties.
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AirDNA introduced Monday its acquisition of the holiday rental software program Uplisting, marking a pivotal leap within the short-term rental information supplier’s quest to supply a complete, one-stop software program for traders in short-term rental properties.
Uplisting helps short-term rental operators carry out on a regular basis duties corresponding to messaging visitors, receiving funds, e-signing rental agreements and verifying identities, whereas AirDNA capabilities as an information supplier for Airbnb and VRBO, serving to operators do issues like calculate how a lot to cost for hire or decide whether or not a property is a worthwhile funding. Their buy of Uplisting represents their first foray into the day-to-day operations of short-term rental properties.
“Merging Uplisting’s first-class property administration instruments with our unparalleled market insights will create holistic, tailor-made options for all STR stakeholders, from aspiring hosts to massive skilled managers,” AirDNA CEO Demi Horvat mentioned in a press release. “This integration equips customers with sturdy instruments for each step on their journey, from analysis and funding to set-up and ongoing optimization of their properties.”
All through 2023, Uplisting processed an estimated $400 million in bookings, in keeping with a information launch.
“Becoming a member of forces with AirDNA opens up a realm of potentialities for the holiday rental market. With our mixed wealth of experience, we’re poised to redefine business requirements, driving innovation and delivering enhanced worth to all our purchasers,” mentioned Vincent Breslin, founding father of Uplisting.
AirDNA additionally introduced Tuesday its introduction of a brand new dynamic pricing characteristic that routinely syncs its personal good charges to AirBNBs in an effort to assist customers maximize reserving revenues by drawing on information from the tens of millions of current Airbnb and VRBO listings and offering efficient pricing suggestions.
“Dynamic Pricing makes it simpler for busy STR hosts to set their charges by routinely analyzing market and competitor developments,” Horvat mentioned. “This ensures one of the best costs are delivered in real-time to their Airbnb listings, eliminating guesswork and guide changes. With our deal with constructing easy-to-use instruments for hosts and Uplisting’s complete suite for bookings, operations, visitor communication, and past, we’re bringing skilled instruments inside attain of everybody.”
AirDNA acquired the situation intelligence platform Arrivalist over the summer time, giving it entry to location-specific information for short-term leases. The worth of the Uplisting deal was not disclosed.
