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AirDNA Data: CY Default Larnaka

How is Larnaka performing?

90

Great
Market Score

78

Rental Demand

48

Revenue Growth

68

Seasonality

45

Regulation

Annual Revenue

$9.4K

+3%

past year

Occupancy Rate

59%

+4%

past year

Average Daily Rate

$83.5

+3%

past year

Revenue per Available Rental (RevPAR)

$49.7

+6%

past year

Larnaka Performance Details

Total available listings

1,753

+3%

past year

Listings by rental channel

Channel

Airbnb (81%)

Vrbo (3%)

Both (16%)

Listings by rental size

Bedrooms

1 Bedroom (59%)

2 Bedroom (33%)

3 Bedroom (7%)

4 Bedroom (1%)

5+ Bedroom (0%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (31%)

91-180 nights (25%)

181-270 nights (21%)

271-365 nights (24%)

Listings by rental type

Type

Entire Home (85%)

Private Room (15%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (30.6%)

Moderate (36.2%)

Strict (31.1%)

Super Strict (2.1%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (22.5%)

3 Nights (24.9%)

4-6 Nights (15.3%)

7-29 Nights (4.8%)

30+ Nights (32.5%)

What amenities do listings have?

Aircon

98%

Internet

98%

Wireless Internet

98%

Kitchen

89%

Washer

86%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
STAY BnB
231.6%55
4.47
Liv
2210.0%8
4.88
Phaedrus Living
200.7%95
4.49
Lacasa Hospitality
8-0.4%104
4.71
Rent Villa Cyprus
3-0.3%40
4.62

Occupancy

Occupancy Rate

59%

+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

$942,601

+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)

$59

+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

$59

-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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