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AirDNA Data: EG New Valley Governorate Al Khargah New Valley Governorate Al Khargah

How is New Valley Governorate Al Khargah performing?

36

Bad
Market Score

19

Rental Demand

59

Revenue Growth

18

Seasonality

37

Regulation

Annual Revenue

$2K

+3%

past year

Occupancy Rate

28%

+4%

past year

Average Daily Rate

$48.3

+3%

past year

Revenue per Available Rental (RevPAR)

$15.3

+6%

past year

New Valley Governorate Al Khargah Performance Details

Total available listings

298

+3%

past year

Listings by rental channel

Channel

Airbnb (98%)

Vrbo (1%)

Both (1%)

Listings by rental size

Bedrooms

1 Bedroom (57%)

2 Bedroom (21%)

3 Bedroom (11%)

4 Bedroom (5%)

5+ Bedroom (7%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (53%)

91-180 nights (21%)

181-270 nights (13%)

271-365 nights (13%)

Listings by rental type

Type

Entire Home (36%)

Private Room (62%)

Shared Room (2%)

Listings by Cancellation Policy

Flexible (51.8%)

Moderate (44.3%)

Strict (3.9%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (3.4%)

3 Nights (1.3%)

4-6 Nights (0.3%)

7-29 Nights (0.3%)

30+ Nights (94.6%)

What amenities do listings have?

Wireless Internet

90%

Internet

90%

Aircon

88%

Suitable For Events

76%

Kitchen

70%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

28%

+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

$203,882

+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)

$28

+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

$28

-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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