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AirDNA Data: US Nevada Las Vegas

How is Las Vegas performing?

97

Great
Market Score

71

Investability

57

Rental Demand

57

Revenue Growth

99

Seasonality

38

Regulation

Annual Revenue

$27.1K

+3%

past year

Occupancy Rate

51%

+4%

past year

Average Daily Rate

$322.3

+3%

past year

Revenue per Available Rental (RevPAR)

$156.7

+6%

past year

Las Vegas Performance Details

Total available listings

26,369

+3%

past year

Listings by rental channel

Channel

Airbnb (68%)

Vrbo (16%)

Both (16%)

Listings by rental size

Bedrooms

1 Bedroom (50%)

2 Bedroom (24%)

3 Bedroom (12%)

4 Bedroom (9%)

5+ Bedroom (7%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (41%)

91-180 nights (21%)

181-270 nights (15%)

271-365 nights (23%)

Listings by rental type

Type

Entire Home (76%)

Private Room (23%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (10.7%)

Moderate (53.8%)

Strict (34.0%)

Super Strict (1.6%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (28.2%)

3 Nights (17.2%)

4-6 Nights (4.8%)

7-29 Nights (4.1%)

30+ Nights (45.6%)

What amenities do listings have?

Aircon

98%

Internet

98%

Wireless Internet

94%

Parking

88%

Tv

85%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
StripViewSuites
383-0.1%15825
4.81
Doug
2891.0%1626
4.90
AAA Tourism
2620.0%449
4.64
Shell Vacations
1650.3%2991
4.86
Diamond Resorts and Hotels
1330.6%818
4.82

Occupancy

Occupancy Rate

51%

+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

$2,709,810

+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)

$51

+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

$51

-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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