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AirDNA Data: GR Default Crete

How is Crete performing?

52

Okay
Market Score

67

Rental Demand

39

Revenue Growth

12

Seasonality

39

Regulation

Annual Revenue

$17.8K

+3%

past year

Occupancy Rate

58%

+4%

past year

JanMarMayJulSepNov
Average Daily Rate

$218.6

+3%

past year

JanMarMayJulSepNov
Revenue per Available Rental (RevPAR)

$129.2

+6%

past year

JanMarMayJulSepNov

Crete Performance Details

Total available listings

32,116

+3%

past year

Listings by rental channel

Channel

Airbnb (61%)

Vrbo (11%)

Both (27%)

Listings by rental size

Bedrooms

1 Bedroom (45%)

2 Bedroom (25%)

3 Bedroom (16%)

4 Bedroom (7%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

JanFebMarAprMayJunJulAugSepOctNovDec100125150175200Active Listings

Listings by annual availability

Available

1-90 nights (31%)

91-180 nights (43%)

181-270 nights (19%)

271-365 nights (6%)

Listings by rental type

Type

Entire Home (92%)

Private Room (8%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (10.2%)

Moderate (59.7%)

Strict (26.5%)

Super Strict (3.6%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (18.6%)

3 Nights (28.8%)

4-6 Nights (28.2%)

7-29 Nights (6.5%)

30+ Nights (17.8%)

What amenities do listings have?

Internet

97%

Aircon

96%

Wireless Internet

96%

Kitchen

90%

Tv

76%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Think Villa
2800.1%6019
4.93
Etori
2760.1%5628
4.95
Oreo Travel
2510.2%4036
4.83
TheHotel.GR
195-0.1%2836
4.87
The Best Homes
187-0.1%8
4.50

Occupancy

Occupancy Rate

58%

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec1.6K%2.4K%3.2K%4K%4.8K%% Booked
2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,776,708

+5%

past year

Apr: 80Aug: 30
How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$58

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$58

-7%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018
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