How GuestFavorites Works
Understanding our data-driven approach to market intelligence
Data Collection
GuestFavorites collects data from Airbnb listings on a daily basis. We gather basic information that's publicly available on Airbnb: calendar availability, prices, reviews, and minimum stay requirements. This daily collection helps us track changes in the market over time.
Additionally, we partner with property managers who share their Airbnb insights directly with us. This unique collaboration provides an extra layer of accuracy to our data, allowing us to validate our findings and offer even more precise market intelligence.
How We Process the Data
Our system processes millions of data points each day to detect meaningful changes in the market. We analyze new bookings, price adjustments, guest reviews, and updates to stay requirements through our sophisticated algorithms. This comprehensive analysis reveals intricate patterns in market behavior.
We look for patterns like: Which dates are getting booked? How do prices change before and after bookings? What are the typical booking windows in your area? How special events affect your market?
Smart Booking Detection
One of our key features is the ability to differentiate between actual bookings and host-initiated blocks. Our sophisticated machine learning model, combined with over 30 carefully crafted heuristics, allows us to accurately identify genuine bookings with high precision. This ensures you get reliable insights about real booking activity in your market.
What You Get
We turn this data into practical information you can use. Our charts and reports show:
- Neighborhood level market dashboards
- Supply and demand insights
- Monthly trends
- Block-level market metrics
Why It's Useful?
Having access to this kind of market data helps you make better decisions about your property. You can see what's actually happening in your market, not just guess. This means you can adjust your prices based on real demand, understand when to expect bookings, and see how your market changes over time.