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AirDNA Data: CO Default Cartagena

How is Cartagena performing?

91

Great
Market Score

59

Rental Demand

18

Revenue Growth

96

Seasonality

49

Regulation

Annual Revenue

$14.1K

+3%

past year

Occupancy Rate

48%

+4%

past year

Average Daily Rate

$161.2

+3%

past year

Revenue per Available Rental (RevPAR)

$73.8

+6%

past year

Cartagena Performance Details

Total available listings

15,020

+3%

past year

Listings by rental channel

Channel

Airbnb (84%)

Vrbo (7%)

Both (10%)

Listings by rental size

Bedrooms

1 Bedroom (45%)

2 Bedroom (31%)

3 Bedroom (14%)

4 Bedroom (4%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (38%)

91-180 nights (18%)

181-270 nights (14%)

271-365 nights (30%)

Listings by rental type

Type

Entire Home (80%)

Private Room (19%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (33.5%)

Moderate (44.6%)

Strict (21.6%)

Super Strict (0.3%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (43.0%)

3 Nights (8.0%)

4-6 Nights (2.2%)

7-29 Nights (1.1%)

30+ Nights (45.6%)

What amenities do listings have?

Internet

97%

Wireless Internet

95%

Aircon

94%

Kitchen

85%

Tv

82%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Inmobiliaria Cartagena Real
111-0.1%8271
4.86
Cartagena Rentals Co.
790.1%6915
4.80
Wynwood House
711.3%1501
4.63
Go Cartagena
700.6%2840
4.75
Stay Q
48-0.4%1240
4.79

Occupancy

Occupancy Rate

48%

+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

$1,411,970

+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)

$48

+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

$48

-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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