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AirDNA Data: FR Occitania Montpellier

How is Montpellier performing?

98

Great
Market Score

69

Rental Demand

50

Revenue Growth

74

Seasonality

41

Regulation

Annual Revenue

$7.1K

+3%

past year

Occupancy Rate

58%

+4%

past year

Average Daily Rate

$95.5

+3%

past year

Revenue per Available Rental (RevPAR)

$54.4

+6%

past year

Montpellier Performance Details

Total available listings

6,410

+3%

past year

Listings by rental channel

Channel

Airbnb (88%)

Vrbo (4%)

Both (8%)

Listings by rental size

Bedrooms

1 Bedroom (69%)

2 Bedroom (19%)

3 Bedroom (8%)

4 Bedroom (3%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (48%)

91-180 nights (22%)

181-270 nights (14%)

271-365 nights (16%)

Listings by rental type

Type

Entire Home (81%)

Private Room (19%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (30.2%)

Moderate (54.1%)

Strict (15.5%)

Super Strict (0.2%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (31.5%)

3 Nights (20.2%)

4-6 Nights (13.7%)

7-29 Nights (5.6%)

30+ Nights (28.9%)

What amenities do listings have?

Kitchen

94%

Internet

89%

Wireless Internet

89%

Heating

81%

Washer

74%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Couette & oreillers
55-0.1%2128
4.45
La Conciergerie Martinkey's
35-0.3%1258
4.52
Class Apart
340.2%246
4.47
Conciergerie GROOMI
230.0%427
4.57
Welkeys
14-0.3%240
4.56

Occupancy

Occupancy Rate

58%

+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

$712,179

+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)

$58

+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

$58

-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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