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AirDNA Data: Akron

How is Akron performing?

73

Good
Market Score

82

Investability

63

Rental Demand

54

Revenue Growth

39

Seasonality

43

Regulation

Annual Revenue

$7.5K

+3%

past year

Occupancy Rate

32%

+4%

past year

Average Daily Rate

$92.1

+3%

past year

Revenue per Available Rental (RevPAR)

$43.3

+6%

past year

Akron Performance Details

Total available listings

1,069

+3%

past year

Listings by rental channel

Channel

Airbnb (81%)

Vrbo (8%)

Both (11%)

Listings by rental size

Bedrooms

1 Bedroom (52%)

2 Bedroom (25%)

3 Bedroom (14%)

4 Bedroom (6%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (77%)

91-180 nights (9%)

181-270 nights (7%)

271-365 nights (8%)

Listings by rental type

Type

Entire Home (65%)

Private Room (33%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (36.9%)

Moderate (31.6%)

Strict (31.2%)

Super Strict (0.3%)

Listings by Minimum Stay

1 Night (4.1%)

2 Nights (23.1%)

3 Nights (8.5%)

4-6 Nights (5.9%)

7-29 Nights (5.0%)

30+ Nights (53.4%)

What amenities do listings have?

Kitchen

92%

Wireless Internet

91%

Heating

90%

Parking

88%

Aircon

87%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
43.0%1
5.00
797 Residence and Suites
30.0%309
4.75
Hostpros, LLC
20.0%150
4.93
Coffee Included USA
10.0%26
4.75
Cleveland House Hotels
11.0%11
4.60

Occupancy

Occupancy Rate

32%

+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

$746,884

+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)

$32

+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

$32

-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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