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AirDNA Data: CA Ontario Kitchener

How is Kitchener performing?

83

Great
Market Score

48

Rental Demand

49

Revenue Growth

73

Seasonality

26

Regulation

Annual Revenue

$5.2K

+3%

past year

Occupancy Rate

47%

+4%

past year

Average Daily Rate

$89.1

+3%

past year

Revenue per Available Rental (RevPAR)

$42.7

+6%

past year

Kitchener Performance Details

Total available listings

1,339

+3%

past year

Listings by rental channel

Channel

Airbnb (81%)

Vrbo (6%)

Both (12%)

Listings by rental size

Bedrooms

1 Bedroom (61%)

2 Bedroom (19%)

3 Bedroom (13%)

4 Bedroom (5%)

5+ Bedroom (2%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (56%)

91-180 nights (24%)

181-270 nights (12%)

271-365 nights (8%)

Listings by rental type

Type

Entire Home (67%)

Private Room (32%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (27.5%)

Moderate (48.8%)

Strict (22.9%)

Super Strict (0.8%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (22.3%)

3 Nights (12.5%)

4-6 Nights (8.4%)

7-29 Nights (11.5%)

30+ Nights (45.3%)

What amenities do listings have?

Internet

98%

Wireless Internet

98%

Aircon

96%

Kitchen

89%

Heating

86%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
JustLikeHome
4-0.3%39
4.77
The Kressley Group
11.0%1
5.00

Occupancy

Occupancy Rate

47%

+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

$518,090

+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)

$47

+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

$47

-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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