DENVER—Short-term rental analytics firm AirDNA has added economist and lodging expert Jamie Lane to the position of VP of research, who was most recently with CBRE Hotels.
During his time as senior director of research for CBRE, Lane led all aspects of research, forecasting and data intelligence. He has done extensive research on the determinants of hospitality demand and created models for profit, average daily rate, supply and demand forecasting. He has published several studies, using AirDNA data, on the rise and proliferation of the short-term rental industry and its impact on the overall lodging industry.
“AirDNA has been the gold standard for short-term rental data for the industry,” said Lane. “Consumer preferences are changing and it’s thrilling to be at the leading edge of research into how the industry is evolving.”
AirDNA’s joint report with hotel data firm, STR confirmed that vacation rentals are weathering the storm better than hotels as key differentiating features of vacation rentals—supply in more rural areas, entire home listings, space and full-service amenities—make them the safer choice for guests amidst the pandemic.
With AirDNA’s data tracking these changes globally and Lane’s experience in the field, AirDNA’s customers will have access to state-of-the-art tools, insights and research reports for hoteliers and vacation rental managers to quickly adapt to the changing travel behaviors, according to the company.
As the travel industry navigates its way through pandemic surges, awaiting a full recovery contingent on a vaccine, data is at the forefront for those looking to understand and adapt in this volatile environment.
“I’m looking forward to helping our clients leverage AirDNA’s extensive database to identify opportunities, better manage their existing assets, and further their understanding of today’s trends and where we think the industry is heading,” Lane said.