SIGNALS / TRAVEL
Short-Term Rental GBV proxy · active listings × occupancy × nightly rate Hotel ADR index · average daily rate by city & forward booking window Reads · ABNB Airbnb · BKNG Booking Holdings Occupancy · derived from availability-calendar changes on a fixed listing panel Point-in-time · ticker-mapped · aggregated · no PII Short-Term Rental GBV proxy · active listings × occupancy × nightly rate Hotel ADR index · average daily rate by city & forward booking window Reads · ABNB Airbnb · BKNG Booking Holdings
Signal / Travel & Lodging

Travel demand, read directly off the market

A short-term-rental gross-booking-value proxy and a hotel ADR & availability index — built from proprietary, continuously-collected, point-in-time observations of listings, nightly rates and calendar availability. Ticker-mapped to ABNB and BKNG. Aggregated, no personal data.

travel_signal_city_panel.csv
city: "Barcelona" week: "2026-W31" str_active_listings: 18240 str_occupancy: 0.782 // from calendar deltas str_adr: 164.20 // EUR / night str_gbv_proxy: 15964380 // EUR / wk hotel_adr_idx: 118.4 // base=100 hotel_soldout_rate: 0.214 fwd_window_days: 14 reads: ["ABNB", "BKNG"] observed_at: "2026-08-05T00:00Z"
Tickers Informed

Two names. One demand read.

Web-observed availability and rate is widely regarded as the most reliable independent read on Airbnb and Booking gross bookings — because bookings show up as calendar dates going from open to unavailable, and rate shows up as the posted nightly price. Our panel captures both, continuously, before the companies report.

ABNB · NASDAQ Airbnb

Short-term-rental gross booking value is the core KPI. Our STR GBV proxy — active listings × occupancy × nightly rate — tracks it at city and market level, weeks ahead of the print, with occupancy inferred from availability-calendar movement on a fixed listing panel.

BKNG · NASDAQ Booking Holdings

Hotel room-nights and ADR drive the model. Our hotel ADR index plus availability / sold-out rate — by city and forward booking window — reads accommodation demand and pricing power across the same markets Booking monetizes.

The Signals

What the feed actually measures

Two derived series, both delivered as aggregated panels. No individual host, guest, or booking is identifiable — every metric is a city / market aggregate over a fixed, matched panel.

01

Short-term-rental GBV proxy

A gross-booking-value proxy for the short-term-rental market, built from three continuously-collected inputs on a fixed panel of listings: the count of active listings, the occupancy rate, and the posted nightly rate. Occupancy is derived from how a listing's availability calendar changes over time — a night that flips from available to unavailable, and stays that way, reads as booked. Matched panel over time isolates true demand from listing churn.

STR GBV proxy = active listings × occupancy × nightly rate
Active listingsOccupancy (calendar delta)Nightly rate / ADRCity · market levelReads ABNB
02

Hotel ADR index + availability / sold-out rate

An average-daily-rate index for hotels by city and by forward booking window (e.g. check-in in 7 / 14 / 30 days), paired with an availability / sold-out rate — the share of the observed inventory that is unavailable for a given date. Together they read both pricing power and demand intensity across markets, and the forward-window dimension surfaces booking momentum before the stay date.

Hotel ADR index (city, fwd-window) + sold-out rate = rate × demand read
ADR index (base=100)Sold-out / availability rateForward booking windowCity levelReads BKNG
Coverage

Fixed panels, matched over time

The value is in the panel design: the same listings and the same inventory, observed on a fixed cadence, so a change in the series is a change in the market — not a change in what we happened to look at that week.

STR listing panel
2.4M+
matched short-term-rental listings tracked for occupancy + rate
Cities / markets
420+
STR + hotel panels across primary travel markets
Forward windows
7 / 14 / 30
days-to-check-in for the hotel ADR + sold-out read
History
Multi-yr
point-in-time series, no revisions or look-ahead
Methodology

How it's built & delivered

Proprietary, continuously-collected, point-in-time data. Everything is captured as it was on the observation date, aggregated to city / market level, and mapped to the relevant ticker — nothing is back-filled or revised.

Point-in-time

No look-ahead

Every observation is stamped with the date it was collected. Historical series reflect exactly what was visible then — no restatement, no survivorship.

Aggregated

City & market level

Delivered as panel aggregates — occupancy, ADR, sold-out rate, GBV proxy per city / week. No listing-level or booking-level rows in the product.

No PII

No personal data

No host or guest identities, no contact details, no reservation-holder information. The feed is a market statistic, not a record of people.

Ticker-mapped

Model-ready

Each series carries the equity ticker it informs (ABNB / BKNG) so it drops straight into a factor model or KPI nowcast.

Example Metric

City-level occupancy + ADR series

An illustrative slice of the weekly city panel — STR occupancy and ADR alongside the hotel ADR index and sold-out rate. Values shown are representative, not live. Request a sample for the full schema and a market of your choice.

# travel_city_panel.csv — Barcelona (ES) · weekly · reads ABNB + BKNG
week      str_active  str_occ  str_adr  str_gbv_proxy   hotel_adr_idx  soldout  fwd_win
2026-W28  17,905     0.741    158.10   € 2,097,540     112.6          0.183    14
2026-W29  18,040     0.760    160.80   € 2,204,610     114.9          0.195    14
2026-W30  18,155     0.773    162.40   € 2,279,910     116.8          0.206    14
2026-W31  18,240     0.782    164.20   € 2,342,760     118.4          0.214    14
# str_gbv_proxy = active_listings × occupancy × adr × 7 nights (weekly)
# hotel_adr_idx base=100 (trailing-year city mean); soldout = share of panel unavailable at fwd_win
  

Read ABNB & BKNG demand
before the print.

Point-in-time, ticker-mapped, aggregated travel signals — STR GBV proxy and hotel ADR index. Request a sample slice for the market you care about.

Request a Sample