How is Novi performing?
58
Okay
55
Investability
49
Rental Demand
67
Revenue Growth
93
Seasonality
64
Regulation
Annual Revenue
$11.6K
+3%
past year
Occupancy Rate
48%
+4%
past year
Average Daily Rate
$157.3
+3%
past year
Revenue per Available Rental (RevPAR)
$70.8
+6%
past year
Novi Performance Details
Total available listings
101
+3%
past year
Listings by rental channel
Airbnb (65%)
Vrbo (10%)
Both (25%)
Listings by rental size
1 Bedroom (49%)
2 Bedroom (36%)
3 Bedroom (11%)
4 Bedroom (4%)
5+ Bedroom (1%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (10%)
91-180 nights (9%)
181-270 nights (27%)
271-365 nights (54%)
Listings by rental type
Entire Home (78%)
Private Room (21%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (36.5%)
Moderate (24.7%)
Strict (38.8%)
Super Strict (0.0%)
Listings by Minimum Stay
1 Night (4.0%)
2 Nights (6.9%)
3 Nights (5.9%)
4-6 Nights (24.8%)
7-29 Nights (5.0%)
30+ Nights (53.5%)
What amenities do listings have?
Aircon
98%
Wireless Internet
97%
Internet
97%
Parking
97%
Heating
93%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Timeshare - RoomPicks | 10 | 10.0% | 27 | 4.46 |
National Corporate Housing | 3 | 3.0% | 4 | 4.74 |
Occupancy
Occupancy Rate
48%
+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
$1,163,610
+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)
$48
+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
$48
-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
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