In a strategic move to enhance its position in the short-term rental (STR) industry, AirDNA, the leading provider of short-term rental data, has recently acquired Uplisting, a vacation rental software and channel management system.
This acquisition marks AirDNA’s second within six months, following the addition of location intelligence platform Arrivalist in July 2023. Under the umbrella of predictis, a family of software-enabled data businesses and a portfolio company of Alpine Investors (which acquired AirDNA in March 2022), this move solidifies AirDNA’s commitment to offering a comprehensive solution for investors and operators in the STR market.
AirDNA CEO, Demi Horvat, stated, “Merging Uplisting’s top-tier property management tools with our unparalleled market insights will create holistic, tailored solutions for all STR stakeholders. This integration equips users with robust tools for every step of their journey, from research and investment to the ongoing optimization of their properties.”
Uplisting, known for its Airbnb Preferred Plus software partnership, specializes in managing and synchronizing rental listings on platforms such as Airbnb, Vrbo, and Booking.com. The company’s automation of critical tasks, including real-time booking updates and guest communication, optimizes operations for vacation rental hosts and property managers globally. In 2023 alone, Uplisting processed an estimated $400 million in bookings.
Vincent Breslin, founder of Uplisting, expressed enthusiasm about the collaboration, stating, “Joining forces with AirDNA opens up a realm of possibilities for the vacation rental market. With our combined wealth of expertise, we are poised to redefine industry standards, driving innovation and delivering enhanced value to all our clients.”
As part of the expansion, AirDNA also unveiled a new dynamic pricing feature, automatically syncing AirDNA’s smart rates to Airbnb. This functionality empowers users to maximize booking revenues by providing real-time pricing recommendations based on extensive data from millions of listings on Airbnb and Vrbo.
Jean-Marc Levy, CEO of predictis, commented on the acquisitions, saying, “With this second acquisition in just six months, AirDNA is poised for continued growth and innovation. With more developments in the pipeline, it is well-positioned to expand its leadership position at the forefront of the short-term rental industry.”
FOCUS Capital Partners Ireland served as the financial advisor to Uplisting.
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By Proptechbuzz
By Ravi Kumar
