How is Riga performing?
86
Great
92
Rental Demand
73
Revenue Growth
63
Seasonality
68
Regulation
Annual Revenue
$10.6K
+3%
past year
Occupancy Rate
60%
+4%
past year
Average Daily Rate
$79.4
+3%
past year
Revenue per Available Rental (RevPAR)
$45.7
+6%
past year
Riga Performance Details
Total available listings
3,696
+3%
past year
Listings by rental channel
Airbnb (91%)
Vrbo (1%)
Both (9%)
Listings by rental size
1 Bedroom (73%)
2 Bedroom (18%)
3 Bedroom (5%)
4 Bedroom (2%)
5+ Bedroom (1%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (12%)
91-180 nights (14%)
181-270 nights (18%)
271-365 nights (57%)
Listings by rental type
Entire Home (92%)
Private Room (8%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (48.4%)
Moderate (44.6%)
Strict (6.0%)
Super Strict (1.0%)
Listings by Minimum Stay
1 Night (0.3%)
2 Nights (39.8%)
3 Nights (14.0%)
4-6 Nights (7.0%)
7-29 Nights (1.6%)
30+ Nights (37.4%)
What amenities do listings have?
Internet
97%
Wireless Internet
97%
Kitchen
94%
Washer
86%
Heating
85%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
SIA Bnbverit | 217 | 1.6% | 10161 | 4.81 |
Innorental | 125 | -0.1% | 6167 | 4.93 |
Dandelion Apartments and Suites | 52 | 0.3% | 3189 | 4.89 |
Greenstone Rentals | 21 | -0.3% | 2399 | 4.68 |
TimeCode | 14 | 0.2% | 666 | 4.62 |
Excellent
4.8(687 reviews)
“Gave me the visibility to make researched decisions on properties. The amount of data I was able to retrieve allowed me to make more educational decisions. Would recommend to anyone looking into STR.”
Riga Occupancy Data
Occupancy Rate
60%
+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
Riga STR Revenue Data
Average revenue
$1,060,685
+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)
$60
+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
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