How is Richmond performing?
97
Great
79
Investability
88
Rental Demand
75
Revenue Growth
96
Seasonality
68
Regulation
Annual Revenue
$21.9K
+3%
past year
Occupancy Rate
62%
+4%
past year
Average Daily Rate
$158.3
+3%
past year
Revenue per Available Rental (RevPAR)
$93.2
+6%
past year
Richmond Performance Details
Total available listings
1,945
+3%
past year
Listings by rental channel
Airbnb (65%)
Vrbo (3%)
Both (31%)
Listings by rental size
1 Bedroom (49%)
2 Bedroom (25%)
3 Bedroom (19%)
4 Bedroom (6%)
5+ Bedroom (2%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (11%)
91-180 nights (14%)
181-270 nights (14%)
271-365 nights (61%)
Listings by rental type
Entire Home (87%)
Private Room (13%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (34.0%)
Moderate (44.8%)
Strict (19.1%)
Super Strict (2.2%)
Listings by Minimum Stay
1 Night (0.3%)
2 Nights (27.4%)
3 Nights (9.3%)
4-6 Nights (3.3%)
7-29 Nights (7.1%)
30+ Nights (52.6%)
What amenities do listings have?
Internet
99%
Wireless Internet
99%
Aircon
98%
Heating
93%
Kitchen
93%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Utopia VRM | 38 | -0.1% | 2060 | 4.86 |
Properties By Preston | 29 | 3.8% | 86 | 4.05 |
Libertie LLC | 25 | 0.0% | 8932 | 4.87 |
Landing, Inc. | 23 | -0.6% | 34 | 4.42 |
Evolve | 19 | 0.2% | 271 | 4.68 |
Excellent
4.8(687 reviews)
“Gave me the visibility to make researched decisions on properties. The amount of data I was able to retrieve allowed me to make more educational decisions. Would recommend to anyone looking into STR.”
Richmond Occupancy Data
Occupancy Rate
62%
+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
Richmond STR Revenue Data
Average revenue
$2,191,595
+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)
$62
+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
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