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AirDNA Data: US Texas Cleveland

How is Cleveland performing?

34

Bad
Market Score

72

Investability

12

Rental Demand

49

Revenue Growth

50

Seasonality

29

Regulation

Annual Revenue

$9.8K

+3%

past year

Occupancy Rate

33%

+4%

past year

Average Daily Rate

$195.4

+3%

past year

Revenue per Available Rental (RevPAR)

$61.2

+6%

past year

Cleveland Performance Details

Total available listings

68

+3%

past year

Listings by rental channel

Channel

Airbnb (56%)

Vrbo (25%)

Both (19%)

Listings by rental size

Bedrooms

1 Bedroom (41%)

2 Bedroom (28%)

3 Bedroom (21%)

4 Bedroom (7%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (53%)

91-180 nights (15%)

181-270 nights (9%)

271-365 nights (24%)

Listings by rental type

Type

Entire Home (85%)

Private Room (15%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (23.5%)

Moderate (54.4%)

Strict (20.6%)

Super Strict (1.5%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (47.1%)

3 Nights (8.8%)

4-6 Nights (0.0%)

7-29 Nights (4.4%)

30+ Nights (39.7%)

What amenities do listings have?

Aircon

93%

Kitchen

90%

Parking

81%

Heating

72%

Tv

68%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
21.0%6
4.83

Occupancy

Occupancy Rate

33%

+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

$982,378

+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)

$33

+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

$33

-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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