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AirDNA Data: CA Ontario Springwater

How is Springwater performing?

11

Bad
Market Score

20

Rental Demand

50

Revenue Growth

16

Seasonality

32

Regulation

Annual Revenue

$17.4K

+3%

past year

Occupancy Rate

39%

+4%

past year

Average Daily Rate

$256.2

+3%

past year

Revenue per Available Rental (RevPAR)

$96.9

+6%

past year

Springwater Performance Details

Total available listings

104

+3%

past year

Listings by rental channel

Channel

Airbnb (79%)

Vrbo (6%)

Both (15%)

Listings by rental size

Bedrooms

1 Bedroom (27%)

2 Bedroom (19%)

3 Bedroom (23%)

4 Bedroom (15%)

5+ Bedroom (15%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (36%)

91-180 nights (28%)

181-270 nights (19%)

271-365 nights (17%)

Listings by rental type

Type

Entire Home (92%)

Private Room (8%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (24.0%)

Moderate (44.2%)

Strict (31.7%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (41.3%)

3 Nights (16.3%)

4-6 Nights (3.8%)

7-29 Nights (1.9%)

30+ Nights (36.5%)

What amenities do listings have?

Parking

96%

Kitchen

92%

Wireless Internet

90%

Heating

88%

Aircon

86%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
22.0%1
5.00
The Bay Suites
11.0%5
5.00

Occupancy

Occupancy Rate

39%

+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

$1,740,954

+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)

$39

+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

$39

-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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