AirDNA Data: ES→ Illes Balears→ Formentera
How is Formentera performing?
65
Good
75
Rental Demand
52
Revenue Growth
6
Seasonality
42
Regulation
Annual Revenue
$27K
+3%
past year
Occupancy Rate
63%
+4%
past year
Average Daily Rate
$437.8
+3%
past year
Revenue per Available Rental (RevPAR)
$231.2
+6%
past year
Formentera Performance Details
Total available listings
1,203
+3%
past year
Listings by rental channel
Airbnb (63%)
Vrbo (17%)
Both (20%)
Listings by rental size
1 Bedroom (41%)
2 Bedroom (29%)
3 Bedroom (14%)
4 Bedroom (10%)
5+ Bedroom (5%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (35%)
91-180 nights (48%)
181-270 nights (15%)
271-365 nights (2%)
Listings by rental type
Entire Home (97%)
Private Room (3%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (4.8%)
Moderate (42.0%)
Strict (42.5%)
Super Strict (10.7%)
Listings by Minimum Stay
1 Night (0.1%)
2 Nights (7.6%)
3 Nights (19.9%)
4-6 Nights (37.2%)
7-29 Nights (13.8%)
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% | 566 | 4.31 |
Holidu | 27 | 1.7% | 21 | 4.38 |
FormenteraVuela | 16 | 0.0% | 638 | 4.39 |
¨Siamo Formentera¨ | 14 | 0.0% | 337 | 4.31 |
Bookiply | 9 | -0.2% | 29 | 4.65 |
Occupancy
Occupancy Rate
63%
+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
$2,700,593
+5%
past year
Entire place
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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)
$63
+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
$63
-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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