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AirDNA Data: GB Default Norfolk

How is Norfolk performing?

74

Good
Market Score

79

Rental Demand

45

Revenue Growth

64

Seasonality

42

Regulation

Annual Revenue

$12K

+3%

past year

Occupancy Rate

38%

+4%

past year

Average Daily Rate

$179.6

+3%

past year

Revenue per Available Rental (RevPAR)

$66.3

+6%

past year

Norfolk Performance Details

Total available listings

24

+3%

past year

Listings by rental channel

Channel

Airbnb (17%)

Vrbo (79%)

Both (4%)

Listings by rental size

Bedrooms

1 Bedroom (17%)

2 Bedroom (46%)

3 Bedroom (21%)

4 Bedroom (8%)

5+ Bedroom (8%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (21%)

91-180 nights (42%)

181-270 nights (25%)

271-365 nights (13%)

Listings by rental type

Type

Entire Home (96%)

Private Room (4%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (8.3%)

Moderate (87.5%)

Strict (4.2%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (75.0%)

3 Nights (12.5%)

4-6 Nights (0.0%)

7-29 Nights (8.3%)

30+ Nights (4.2%)

What amenities do listings have?

Heating

83%

Kitchen

83%

Internet

79%

Parking

63%

Washer

58%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Cottages.com
8850.1%3156
4.76
Norfolk Country Cottages
6710.7%622
4.65
Norfolk Hideaways
5310.0%1270
4.71
Holidaycottages.Co.Uk
2861.6%82
4.61
2cHolidays
248-0.0%2600
4.51

Occupancy

Occupancy Rate

38%

+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

$1,198,496

+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)

$38

+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

$38

-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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