How is Memphis performing?
90
Great
100
Investability
71
Rental Demand
57
Revenue Growth
93
Seasonality
58
Regulation
Annual Revenue
$16K
+3%
past year
Occupancy Rate
50%
+4%
past year
Average Daily Rate
$161.4
+3%
past year
Revenue per Available Rental (RevPAR)
$77.1
+6%
past year
Memphis Performance Details
Total available listings
3,099
+3%
past year
Listings by rental channel
Airbnb (55%)
Vrbo (6%)
Both (39%)
Listings by rental size
1 Bedroom (42%)
2 Bedroom (22%)
3 Bedroom (20%)
4 Bedroom (10%)
5+ Bedroom (7%)
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 (16%)
271-365 nights (58%)
Listings by rental type
Entire Home (93%)
Private Room (7%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (37.7%)
Moderate (36.6%)
Strict (23.7%)
Super Strict (2.0%)
Listings by Minimum Stay
1 Night (2.0%)
2 Nights (29.9%)
3 Nights (9.5%)
4-6 Nights (4.4%)
7-29 Nights (6.2%)
30+ Nights (48.0%)
What amenities do listings have?
Aircon
99%
Internet
99%
Wireless Internet
99%
Kitchen
92%
Heating
91%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 24 | 0.1% | 287 | 4.73 |
KeyTree | 24 | -0.2% | 1940 | 4.36 |
Pettigrew Adventures | 24 | 0.1% | 5769 | 4.92 |
Downtown Monthly | 24 | 0.0% | 74 | 4.36 |
Garrison Stays LLC | 23 | 0.9% | 2090 | 4.78 |
Occupancy
Occupancy Rate
50%
+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
$1,603,238
+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)
$50
+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
$50
-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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