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AirDNA Data: US Washington Lopez Island

How is Lopez Island performing?

58

Okay
Market Score

23

Investability

82

Rental Demand

24

Revenue Growth

37

Seasonality

54

Regulation

Annual Revenue

$31.8K

+3%

past year

Occupancy Rate

51%

+4%

past year

Average Daily Rate

$270.9

+3%

past year

Revenue per Available Rental (RevPAR)

$161.2

+6%

past year

Lopez Island Performance Details

Total available listings

297

+3%

past year

Listings by rental channel

Channel

Airbnb (59%)

Vrbo (21%)

Both (20%)

Listings by rental size

Bedrooms

1 Bedroom (27%)

2 Bedroom (34%)

3 Bedroom (31%)

4 Bedroom (5%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (66%)

91-180 nights (10%)

181-270 nights (9%)

271-365 nights (14%)

Listings by rental type

Type

Entire Home (90%)

Private Room (10%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (9.8%)

Moderate (36.7%)

Strict (36.7%)

Super Strict (16.8%)

Listings by Minimum Stay

1 Night (3.4%)

2 Nights (58.9%)

3 Nights (12.1%)

4-6 Nights (8.4%)

7-29 Nights (1.7%)

30+ Nights (15.5%)

What amenities do listings have?

Heating

83%

Kitchen

80%

Parking

78%

Wireless Internet

77%

Washer

72%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
180.1%818
4.57
Northwest Island Escapes
100.1%96
4.78
Evolve
10.0%47
4.40

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

$3,181,253

+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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