Feeling the Market – Adaptive Revenue Management in Unpredictable Times
In this episode of STR Data Lab, AirDNA’s Chief Economist Jamie Lane sits down with John An, founder and CEO of TechTape, to explore the increasingly nuanced landscape of Airbnb pricing and revenue management. With 2024 presenting new economic headwinds and shifting traveler behavior, the duo unpacks what it really takes to thrive in today’s dynamic short-term rental (STR) environment.
This is a must-listen for scaling operators looking to make data-informed decisions without relying solely on automation. If you’re serious about leveling up your Airbnb revenue management strategy, this episode delivers.
The Current State of the STR Market
Jamie kicks off the episode by contextualizing the macroeconomic climate through AirDNA’s latest data. While traditional vacation rental markets such as beaches, mountains, and national park gateways are showing solid summer pacing, urban markets are beginning to soften. For anyone looking to understand these market shifts in depth, AirDNA’s analysis of short-term rental growth trends in the 2025 U.S. Outlook Report offers helpful context on how the STR market has evolved and where it's headed.
John, who oversees a globally distributed STR portfolio at TechTape, echoes this sentiment. While panic isn’t warranted, he explains that now is a time for “hedge mode”—a strategy focused on risk management and resilience. “We’re not tanking everything, but we’re not going full throttle either,” he says. Instead, John recommends expanding booking windows and remaining flexible with pricing.
Why Set-and-Forget Pricing No Longer Works
For many Airbnb hosts and property managers, pricing tools have made it easy to “set it and forget it.” John warns that in a volatile environment, such static approaches can be dangerous. “Too many operators are relying on automation alone,” he explains. “Airbnb pricing and revenue management today requires consistent human oversight.”
He introduces the concept of “vibe coding”—a form of dynamic decision-making that relies on a combination of market data and operator intuition. Pacing, average daily rate (ADR), and lead time fluctuations can reveal opportunities for proactive adjustments.
“The best STR operators don’t just set prices and walk away. They’re checking occupancy pacing, adjusting ADR, and expanding booking windows to stay ahead.” – John An
The core message: Airbnb pricing and revenue management is no longer a back-office task. It’s a daily practice.
The Human Layer Behind Revenue Management
Unlike automated platforms that apply rule-based logic, TechTape adds a layer of human insight. John’s team works closely with operators in diverse markets—across the U.S., Japan, Greece, and Australia—to interpret local dynamics.
Whether it’s a luxury home in Plainfield, New Jersey or a beachfront rental in Honolulu, Hawaii, TechTape’s approach focuses on:
- Property-level performance
- Market pacing trends
- Localized guest behavior
- Historical performance
Rather than chasing market ADR or occupancy benchmarks, TechTape identifies micro-trends and adjusts for them in real time. This hybrid model is what makes their Airbnb revenue management solutions attractive to scaling operators.
Key Metrics and Red Flags to Watch
So, how can you spot when something’s off in your pricing strategy? John and Jamie highlight four metrics that every host should be tracking:
1. Occupancy Pacing
Is your property’s occupancy rate improving week-over-week, or starting to slow down?
2. Booking Windows
Are guests booking last-minute, or far in advance? Shorter lead times may indicate weakening demand.
3. Average Daily Rate (ADR)
Are you losing pricing power? If your ADR is dropping while competitors maintain theirs, it’s time to reassess.
4. Comp Set Behavior
Are other properties in your area suddenly lowering prices or offering discounts? That might be a signal to adjust.
John’s advice is simple but strategic: Don’t wait until performance drops to make changes. “Revenue management is about staying one step ahead—not five steps behind,” he says.
Promotions, Flexibility, and Strategic Adjustments
Not all adjustments need to be price cuts. John outlines alternative strategies that can preserve margins while boosting bookings:
- Targeted promotions to feeder markets (e.g., geo-targeted campaigns)
- Adjusting minimum night stays to accommodate short getaways
- Highlighting unique property features in listing descriptions
- Using value-added offers (e.g., late checkout, welcome gifts)
Airbnb revenue management isn’t just about hitting the lowest price—it’s about perceived value. In a world where sentiment drives behavior, flexibility can convert hesitant travelers.
Global Headwinds and How to Prepare
The conversation also dives into larger economic factors. Jamie shares stats showing reduced international inbound travel to the U.S. from major markets like Germany, Spain, and Colombia. Urban properties—especially those reliant on international guests—are most exposed. Compounding this is the fact that seasonality in short-term rentals is changing, requiring hosts to rethink how they forecast and plan inventory throughout the year.
This affects urban properties disproportionately, as international guests tend to:
- Book further in advance
- Stay longer
- Spend more per night
The result? Hosts must capture domestic demand more strategically and use Airbnb property pricing and revenue management to maintain stable revenue per available night (RevPAR).
John’s approach includes widening booking windows and tamping down overly aggressive long-term pricing. “We want 80% of our revenue booked ahead of time,” he explains. “That gives us predictability, even when the market is messy.”
Final Thoughts: The Art and Science of Revenue Management
Revenue management for Airbnb is part data science, part art form. The best operators marry software tools with gut-level adjustments. To go deeper into the mechanics of dynamic pricing, this guide on optimizing your Airbnb pricing strategy breaks down how to fine-tune rates for long-term success.
As John says: “Just act. The worst decision is no decision.”
Resources and Links
- AirDNA’s Airbnb Revenue Calculator
- TechTape – Revenue Management Solutions
- Airbnb Pricing Strategies Blog
Connect with the Hosts:
Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:
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Twitter: https://twitter.com/airdna
TikTok: https://www.tiktok.com/@airdna.co
Instagram: https://instagram.com/airdna.co
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Up Next:

Finding and Creating Super Properties with Bill Faeth
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, sits down with Bill Faeth, a seasoned real estate investor and founder of Build Short-Term Rental Wealth. With over 30 years of investing experience and a knack for turning ordinary homes into extraordinary performers, Bill unpacks what it really takes to create a super property—a short-term rental (STR) that consistently outpaces the competition.
Whether you’re an aspiring host or a portfolio pro, this episode will change how you think about Short-Term Rental (STR) properties. From grading investments to leveraging natural assets, Bill shares actionable insights to help you build profitable, scalable, and standout short-term rentals in any market, especially in today’s economic climate.
Here’s what you can expect from this episode:
- Discover the core characteristics of a super property and why it’s not about size.
- Learn how to identify and capitalize on market gaps with strategic grading tools.
- Get tips for avoiding the most common STR investment pitfalls.
- Understand how to use super property management to increase occupancy and drive return on investment (ROI).
- Hear why outdoor space and views often matter more than a luxury interior.
Episode Highlights
Introduction
Jamie opens the episode by welcoming Bill Faeth and highlighting his unique investment philosophy. Bill discusses how a friendly golf game in Nashville sparked his shift from long-term rentals to short-term investing back in 2015. Since then, he’s scaled a multi-million dollar portfolio by staying laser-focused on quality over quantity.
What is a Super Property?
Forget size—Bill redefines the term “super property” as a top-performing rental that beats market expectations. Whether it’s a six-bedroom in Gulf Shores, Alabama or a one-bedroom ski-in/ski-out condo in Whitefish, Montana, it’s the property's location, view, and marketability—not square footage—that drives revenue.
According to Bill, a super property performs in the top 10% of revenue potential based on bedroom count and location.
How Bill Grades STR Properties
Bill introduces the Super Property Grader, a tool he built to evaluate 10 critical factors—location, proximity, views, amenities, photo quality, and more. This grading system helps him spot hidden gems, avoid compromises, and unlock the full revenue potential of an STR property. It’s not just about data analysis—it’s about understanding how to turn that data into dollars.
The Power of Outdoor Appeal
The biggest investment mistake? Focusing too much on interior upgrades. Bill urges investors to “buy what God built”—prioritizing properties with unbeatable views, walkable access to natural features, and strong proximity advantages. He gives examples of how a $250 telescope and a well-placed sauna helped him double annual revenue on a riverfront Montana property.
Avoiding the Most Common Mistakes
According to Bill, many investors rush the process and compromise on properties that don’t truly fit their strategy. Others underestimate the power of design, market differentiation, and patient deal sourcing. Bill shares how long it took him to find some of his best-performing properties—and why waiting for the right one pays off.
Finding Underrated Markets
From Banner Elk to Fort Morgan, Bill talks about his strategy of targeting tertiary markets rather than saturated hotspots like Big Sky, Montana or Destin, Florida. He looks for markets with multiple traffic drivers, limited competition, and strong appreciation potential. This segment is full of tips for using STR properties in lesser-known areas to outperform the big names.
Why Now Is the Time to Invest
Despite economic uncertainty, Bill sees opportunity. With many hosts spooked by high interest rates and lower earnings, it’s the perfect time for savvy investors to pounce. He discusses why deals made today, at current rates and prices, could set up massive wins when conditions improve.
This episode is packed with insights for anyone serious about building wealth through short-term rentals. Bill’s advice challenges conventional wisdom and offers a new lens for evaluating investments. His approach to super property management emphasizes patience, strategic grading, and creative leverage of natural assets.
Connect with Bill Faeth
Want to evaluate your next investment like Bill? Try his Super Property Grader and see how your potential purchase stacks up.
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Connect with Jamie on LinkedIn and Twitter:
LinkedIn: https://www.linkedin.com/in/jamiehlane/
Twitter: https://twitter.com/Jamie_Lane
Connect with Scott on LinkedIn:
LinkedIn: https://www.linkedin.com/in/sagescott
Connect with AirDNA on LinkedIn, Twitter, TikTok, and Instagram:
LinkedIn: https://www.linkedin.com/company/airdna/
Twitter: https://twitter.com/airdna
TikTok: https://www.tiktok.com/@airdna.co
Instagram: https://instagram.com/airdna.co