How is Lagos performing?
73
Good
54
Rental Demand
72
Revenue Growth
86
Seasonality
70
Regulation
Annual Revenue
$4.1K
+3%
past year
Occupancy Rate
39%
+4%
past year
Average Daily Rate
$89.5
+3%
past year
Revenue per Available Rental (RevPAR)
$33.5
+6%
past year
Lagos Performance Details
Total available listings
7,789
+3%
past year
Listings by rental channel
Airbnb (93%)
Vrbo (1%)
Both (6%)
Listings by rental size
1 Bedroom (39%)
2 Bedroom (30%)
3 Bedroom (21%)
4 Bedroom (8%)
5+ Bedroom (2%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (7%)
91-180 nights (12%)
181-270 nights (12%)
271-365 nights (68%)
Listings by rental type
Entire Home (89%)
Private Room (11%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (75.3%)
Moderate (17.5%)
Strict (7.0%)
Super Strict (0.2%)
Listings by Minimum Stay
1 Night (1.9%)
2 Nights (23.8%)
3 Nights (8.2%)
4-6 Nights (2.7%)
7-29 Nights (2.7%)
30+ Nights (60.8%)
What amenities do listings have?
Aircon
99%
Parking
97%
Internet
97%
Wireless Internet
97%
Kitchen
94%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Homely | 60 | 0.3% | 17 | 4.47 |
Davinci Residences | 58 | 1.4% | 247 | 4.77 |
Travelnest | 37 | -0.3% | 6 | 3.00 |
Relax Homes And Apartments | 31 | 0.5% | 20 | 4.75 |
Gidihotel Apartment | 21 | 0.0% | 25 | 4.48 |
Occupancy
Occupancy Rate
39%
+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
$407,448
+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)
$39
+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
$39
-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
Smart Investments Happen Here
AirDNA’s powerful yet easy-to-use tools make hosting and investing a breeze.
This means having every insight you need, all in one place, always up-to-date.
Start exploring for free