AirDNA Data: ES→ Illes Balears→ Formentera
How is Formentera performing?
56
Okay
67
Rental Demand
65
Revenue Growth
46
Seasonality
57
Regulation
Annual Revenue
$25.2K
+3%
past year
Occupancy Rate
64%
+4%
past year
Average Daily Rate
$415.6
+3%
past year
Revenue per Available Rental (RevPAR)
$225.1
+6%
past year
Formentera Performance Details
Total available listings
939
+3%
past year
Listings by rental channel
Airbnb (58%)
Vrbo (11%)
Both (31%)
Listings by rental size
1 Bedroom (53%)
2 Bedroom (23%)
3 Bedroom (11%)
4 Bedroom (8%)
5+ Bedroom (5%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (9%)
91-180 nights (32%)
181-270 nights (30%)
271-365 nights (29%)
Listings by rental type
Entire Home (97%)
Private Room (3%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (8.1%)
Moderate (6.1%)
Strict (67.5%)
Super Strict (18.3%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (5.9%)
3 Nights (15.5%)
4-6 Nights (37.8%)
7-29 Nights (11.3%)
30+ Nights (29.5%)
What amenities do listings have?
Kitchen
94%
Aircon
86%
Internet
86%
Wireless Internet
85%
Tv
85%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Holidu | 33 | -0.2% | 68 | 4.24 |
Formentera Feeling | 19 | -0.7% | 219 | 4.20 |
¨Siamo Formentera¨ | 8 | -0.4% | 163 | 4.24 |
Bookiply | 3 | -0.7% | 6 | 4.83 |
interhome | 2 | -0.3% | 6 | 4.67 |
Occupancy
Occupancy Rate
64%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$2,520,340
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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)
$64
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$64
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat 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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