AirDNA Data: ES→ Illes Balears→ Formentera
How is Formentera performing?
66
Good
76
Rental Demand
52
Revenue Growth
6
Seasonality
41
Regulation
Annual Revenue
$26.6K
+3%
past year
Occupancy Rate
62%
+4%
past year
Average Daily Rate
$434.8
+3%
past year
Revenue per Available Rental (RevPAR)
$228.9
+6%
past year
Formentera Performance Details
Total available listings
1,217
+3%
past year
Listings by rental channel
Airbnb (63%)
Vrbo (18%)
Both (20%)
Listings by rental size
1 Bedroom (41%)
2 Bedroom (29%)
3 Bedroom (14%)
4 Bedroom (10%)
5+ Bedroom (6%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (36%)
91-180 nights (48%)
181-270 nights (14%)
271-365 nights (2%)
Listings by rental type
Entire Home (97%)
Private Room (3%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (5.2%)
Moderate (41.4%)
Strict (42.9%)
Super Strict (10.6%)
Listings by Minimum Stay
1 Night (0.1%)
2 Nights (7.6%)
3 Nights (20.1%)
4-6 Nights (36.9%)
7-29 Nights (14.0%)
30+ Nights (21.4%)
What amenities do listings have?
Kitchen
93%
Internet
85%
Aircon
84%
Wireless Internet
84%
Tv
82%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Formentera Feeling | 58 | 0.8% | 565 | 4.31 |
Holidu | 29 | 1.9% | 19 | 4.37 |
FormenteraVuela | 16 | 0.0% | 636 | 4.39 |
¨Siamo Formentera¨ | 14 | 0.0% | 335 | 4.30 |
Bookiply | 10 | -0.1% | 29 | 4.65 |
Occupancy
Occupancy Rate
62%
+5%
past year
Booking lead time
Register to see moreLength of stay
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Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Revenue
Average revenue
$2,658,070
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
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Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$62
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$62
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat 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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