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AirDNA Data: VN Default Quang Ninh

How is Quang Ninh performing?

37

Bad
Market Score

18

Rental Demand

16

Revenue Growth

25

Seasonality

55

Regulation

Annual Revenue

$943

+3%

past year

Occupancy Rate

8%

+4%

past year

Average Daily Rate

$44.7

+3%

past year

Revenue per Available Rental (RevPAR)

$7.9

+6%

past year

Quang Ninh Performance Details

Total available listings

5,073

+3%

past year

Listings by rental channel

Channel

Airbnb (95%)

Vrbo (4%)

Both (1%)

Listings by rental size

Bedrooms

1 Bedroom (43%)

2 Bedroom (27%)

3 Bedroom (10%)

4 Bedroom (4%)

5+ Bedroom (16%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (91%)

91-180 nights (5%)

181-270 nights (2%)

271-365 nights (3%)

Listings by rental type

Type

Entire Home (62%)

Private Room (36%)

Shared Room (2%)

Listings by Cancellation Policy

Flexible (47.3%)

Moderate (37.7%)

Strict (14.8%)

Super Strict (0.2%)

Listings by Minimum Stay

1 Night (1.4%)

2 Nights (2.9%)

3 Nights (0.3%)

4-6 Nights (0.1%)

7-29 Nights (0.3%)

30+ Nights (95.0%)

What amenities do listings have?

Aircon

95%

Wireless Internet

94%

Tv

89%

Kitchen

76%

Parking

71%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Ivy
10.0%19
4.85

Occupancy

Occupancy Rate

8%

+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

$94,297

+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)

$8

+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

$8

-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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