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AirDNA Data: Colombo

How is Colombo performing?

68

Good
Market Score

29

Rental Demand

23

Revenue Growth

98

Seasonality

61

Regulation

Annual Revenue

$1.3K

+3%

past year

Occupancy Rate

16%

+4%

past year

Average Daily Rate

$33.6

+3%

past year

Revenue per Available Rental (RevPAR)

$10.8

+6%

past year

Colombo Performance Details

Total available listings

4,515

+3%

past year

Listings by rental channel

Channel

Airbnb (91%)

Vrbo (8%)

Both (1%)

Listings by rental size

Bedrooms

1 Bedroom (48%)

2 Bedroom (24%)

3 Bedroom (22%)

4 Bedroom (3%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (90%)

91-180 nights (5%)

181-270 nights (2%)

271-365 nights (2%)

Listings by rental type

Type

Entire Home (59%)

Private Room (38%)

Shared Room (3%)

Listings by Cancellation Policy

Flexible (54.4%)

Moderate (27.9%)

Strict (17.4%)

Super Strict (0.3%)

Listings by Minimum Stay

1 Night (3.9%)

2 Nights (14.0%)

3 Nights (7.2%)

4-6 Nights (4.0%)

7-29 Nights (4.0%)

30+ Nights (66.8%)

What amenities do listings have?

Aircon

86%

Wireless Internet

83%

Tv

75%

Kitchen

73%

Parking

70%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

16%

+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

$134,001

+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)

$16

+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

$16

-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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