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AirDNA Data: US Nevada Las Vegas

How is Las Vegas performing?

97

Great
Market Score

74

Investability

58

Rental Demand

52

Revenue Growth

98

Seasonality

34

Regulation

Annual Revenue

$25.1K

+3%

past year

Occupancy Rate

51%

+4%

past year

Average Daily Rate

$305.9

+3%

past year

Revenue per Available Rental (RevPAR)

$148.5

+6%

past year

Las Vegas Performance Details

Total available listings

25,809

+3%

past year

Listings by rental channel

Channel

Airbnb (71%)

Vrbo (15%)

Both (14%)

Listings by rental size

Bedrooms

1 Bedroom (49%)

2 Bedroom (23%)

3 Bedroom (12%)

4 Bedroom (9%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (42%)

91-180 nights (23%)

181-270 nights (14%)

271-365 nights (21%)

Listings by rental type

Type

Entire Home (75%)

Private Room (25%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (12.7%)

Moderate (38.8%)

Strict (47.0%)

Super Strict (1.6%)

Listings by Minimum Stay

1 Night (2.1%)

2 Nights (27.2%)

3 Nights (15.8%)

4-6 Nights (4.6%)

7-29 Nights (4.2%)

30+ Nights (46.0%)

What amenities do listings have?

Aircon

98%

Wireless Internet

94%

Tv

93%

Parking

88%

Heating

85%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
StripViewSuites
398-0.0%14873
4.81
Doug
2661.3%1200
4.88
AAA Tourism
2620.0%449
4.64
Shell Vacations
1580.3%2958
4.86
Diamond Resorts and Hotels
1260.8%789
4.81

Occupancy

Occupancy Rate

51%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$2,509,221

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$51

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$51

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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