Total Room Count gives hosts a window into the financial wellbeing of the market. If the total room count is low, it usually means that demand is low. This can be due to a few reasons. Either the market is in low season, and hosts have pulled their listings off the market, or the demand for that area is just generally quite low.
Again, the total room count doesn’t reflect the type of listings in the market, nor does it reflect the average room count year-round. The above figures are the total room counts in April 2021, which is off-season for the majority of North America.
Listings switch between active and inactive fairly recently, and these total room counts reflect that. Having a more in-depth view would only come once you were able to access year-round total room count figures, which only a select few dynamic pricing tools offer.
These insights should offer Airbnb hosts based in British Columbia, Canada a greater view into the state of their current pricing, and how well their listing is coping within the greater domestic market.
To access even greater insights, and ones that are more focused on your listing specifically, you’ll need to optimize with a dynamic pricing tool. The above data was provided by DPGO, a dynamic pricing company founded by a group of experienced Airbnb hosts and short-term vacation rental investors. Their dynamic pricing engine collects extensive data which DPGO then analyses and expresses in the form of Airbnb market insights. DPGO connects directly to your Airbnb listing to find the perfect prices and update them on a daily basis.
To enjoy your free 30-day trial with DPGO, you can sign up now at www.dpgo.com. You can also enjoy a selection of free Airbnb market insights via Markets by DPGO. Simply enter the postcode or name of the town you want to target and you’ll gain access to some invaluable data insights to help you optimize your pricing!