The City of Austin requires that Owners of Short-Term Rentals (STRs) obtain an operating license (Ordinance No. 20130926-144). This law applies to all properties (including rooms and guest houses) rented for less than 30 consecutive days.There are three types of Short Term Rentals:
Data provided by the city on Licenses issued is inconsistent and incomplete.
Both of these numbers are far exceeded by the number of Airbnb listings of around 5,800 listings.
A conservative occupancy model has been built in order to estimate Occupancy Rates, Income per Month and Nights per Year. More information on the methodolgy of the occupancy model can be found in the disclaimers.
Inside Airbnb: Austin uses the following parameters:
If you are a statistician or civic hacker, get the data, analyze and publish your results.
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Airbnb provides NO PUBLIC DATA to help understand the use of their platform and the impact on cities around the world.
Airbnb also provide NO DATA to cities or states to assist them in ensuring that Airbnb hosts and Airbnb are following the local laws.
The Rise of the Sharing Economy: Estimating the Impact of Airbnb on the Hotel Industry by Georgios Zervas, Davide Proserpio and John W. Byers from Boston University, combines data from Airbnb and the Texas hotel industry, to estimate the impact of Airbnb’s on hotel room revenue, and the market response of hotels.
Thank you to Kristen Hotopp, who is a member of one of Austin's neighborhood planning contact team subcommittees conducting research on the number of STR properties in their Census track, and the impact STR's on the neighborhood
Kristen provided invaluable information about Airbnb and STRs in Austin, links to relevant content, and conveyed the importance of providing data on STRs to the city and residents of Austin.
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How is Airbnb really being used in and affecting your neighborhoods?
Airbnb guests may leave a review after their stay, and these can be used as an indicator of airbnb activity.
The minimum stay, price and number of reviews have been used to estimate the occupancy rate, the number of nights per year and the income per month for each listing.
How does the income from Airbnb compare to a long-term lease?
Do the number of nights booked per year make it impossible for a listing to be used for residential housing?
And what is renting to a tourist full-time rather than a resident doing to our neighborhoods and cities?
An Airbnb host can setup a calendar for their listing so that it is only available for a few days or weeks a year.
Other listings are available all year round (except for when it is already booked).
Entire homes or apartments highly available year-round for tourists, probably don't have the owner present, could be illegal, and more importantly, are displacing residents.
See the disclaimers for how the Airbnb calendar may not be accurate.
Some Airbnb hosts have multiple listings.
A host may list separate rooms in the same apartment, or multiple apartments or homes available in their entirity.
Hosts with multiple listings are more likely to be running a business, are unlikely to be living in the property, and in violation of most short term rental laws designed to protect residential housing.
(## other listings)
$### income/month (est.)
X night minimum
x.x nights/year (est.)
##.#% occupancy rate (est.)
xxx days/year (##.#%)
click listing on map to "pin" details