AirDNA moves into short-term rental property management arena with Uplisting acquisition

Short-term rental data provider AirDNA is getting into the property management business with the acquisition of Uplisting. Financial terms of the acquisition are not being disclosed.

Founded in 2018, New York-based Uplisting offers property management and channel management software for short-term rentals. The solutions enable property managers and owners to manage bookings, message guests and automate functions across sites including Airbnb, Vrbo and Booking.com. The startup reported it processed bookings estimated at $400 million in 2023.

In announcing the acquisition, AirDNA said it marks a “pivotal leap in AirDNA’s mission to provide a comprehensive, one-stop solution for those investing in and operating short-term rental properties.” Uplisting founder Vincent Breslin will remain involved as a founder and advisor.

“Merging Uplisting's first-class property management tools with our unparalleled market insights will create holistic, tailored solutions for all STR stakeholders, from aspiring hosts to large professional managers,” said Demi Horvat, CEO of AirDNA.

“This integration equips users with robust tools for every step on their journey, from research and investment to setup and ongoing optimization of their properties.”

Along with the acquisition, AirDNA is launching a new dynamic pricing feature that syncs its “Smart Rates” pricing tool to Airbnb.

“Dynamic Pricing makes it easier for busy STR hosts to set their rates by automatically analyzing market and competitor trends," Horvat said. "This ensures the best prices are delivered in real-time to their Airbnb listings, eliminating guesswork and manual adjustments. With our focus on building easy-to-use tools for hosts and Uplisting's comprehensive suite for bookings, operations, guest communication and beyond, we're bringing professional tools within reach of everyone."

In July AirDNA acquired Arrivalist and has since integrated Arrivalist’s location intelligence platform into its suite of solutions. In early 2022, private equity firm Alpine Investors acquired AirDNA for an undisclosed amount. The company now sits within Predictis – Alpine’s platform for data software businesses across multiple verticals.

“With this second acquisition in just six months, AirDNA is poised for continued growth and innovation, and with more developments in the pipeline, it is well positioned to expand its leadership position at the forefront of the short-term rental industry,” said Jean-Marc Levy, CEO of Predictis.