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AirDNA Data: Crete

How is Crete performing?

67

Good
Market Score

60

Rental Demand

59

Revenue Growth

11

Seasonality

75

Regulation

Annual Revenue

$11.6K

+3%

past year

Occupancy Rate

38%

+4%

past year

Average Daily Rate

$154.2

+3%

past year

Revenue per Available Rental (RevPAR)

$83.7

+6%

past year

Crete Performance Details

Total available listings

68,955

+3%

past year

Listings by rental channel

Channel

Airbnb (62%)

Vrbo (23%)

Both (14%)

Listings by rental size

Bedrooms

1 Bedroom (44%)

2 Bedroom (25%)

3 Bedroom (17%)

4 Bedroom (8%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (71%)

91-180 nights (18%)

181-270 nights (8%)

271-365 nights (3%)

Listings by rental type

Type

Entire Home (91%)

Private Room (9%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (19.4%)

Moderate (30.5%)

Strict (43.7%)

Super Strict (6.5%)

Listings by Minimum Stay

1 Night (7.2%)

2 Nights (16.3%)

3 Nights (23.4%)

4-6 Nights (19.2%)

7-29 Nights (9.2%)

30+ Nights (24.7%)

What amenities do listings have?

Aircon

89%

Kitchen

86%

Tv

82%

Wireless Internet

82%

Washer

65%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Etori
2620.1%4342
4.94
Think Villa
2580.0%4518
4.91
Oreo Travel
2140.0%2985
4.82
TheHotel.GR
2090.0%2251
4.86
Hotels and Villas in Crete
1530.1%448
4.83

Occupancy

Occupancy Rate

38%

+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

$1,157,561

+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)

$38

+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

$38

-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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