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AirDNA Data: GR Default Crete

How is Crete performing?

55

Okay
Market Score

62

Rental Demand

37

Revenue Growth

25

Seasonality

40

Regulation

Annual Revenue

$15.5K

+3%

past year

Occupancy Rate

57%

+4%

past year

Average Daily Rate

$217.1

+3%

past year

Revenue per Available Rental (RevPAR)

$128.3

+6%

past year

Crete Performance Details

Total available listings

35,048

+3%

past year

Listings by rental channel

Channel

Airbnb (62%)

Vrbo (13%)

Both (25%)

Listings by rental size

Bedrooms

1 Bedroom (45%)

2 Bedroom (25%)

3 Bedroom (16%)

4 Bedroom (7%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (43%)

91-180 nights (37%)

181-270 nights (15%)

271-365 nights (5%)

Listings by rental type

Type

Entire Home (92%)

Private Room (8%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (11.6%)

Moderate (57.9%)

Strict (27.4%)

Super Strict (3.1%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (18.0%)

3 Nights (27.6%)

4-6 Nights (25.8%)

7-29 Nights (6.7%)

30+ Nights (21.7%)

What amenities do listings have?

Internet

97%

Aircon

96%

Wireless Internet

94%

Kitchen

90%

Tv

75%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Think Villa
2930.1%5674
4.92
Etori
2800.1%5310
4.95
Oreo Travel
2500.1%3772
4.82
TheHotel.GR
202-0.1%2617
4.87
The Best Homes
1920.5%6
5.00

Occupancy

Occupancy Rate

57%

+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

$1,551,538

+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)

$57

+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

$57

-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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