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AirDNA Data: IT Piemonte Novara

How is Novara performing?

98

Great
Market Score

58

Rental Demand

92

Revenue Growth

59

Seasonality

25

Regulation

Annual Revenue

$5.7K

+3%

past year

Occupancy Rate

53%

+4%

past year

Average Daily Rate

$75.2

+3%

past year

Revenue per Available Rental (RevPAR)

$40.2

+6%

past year

Novara Performance Details

Total available listings

181

+3%

past year

Listings by rental channel

Channel

Airbnb (93%)

Vrbo (4%)

Both (3%)

Listings by rental size

Bedrooms

1 Bedroom (76%)

2 Bedroom (18%)

3 Bedroom (4%)

4 Bedroom (1%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (42%)

91-180 nights (26%)

181-270 nights (17%)

271-365 nights (15%)

Listings by rental type

Type

Entire Home (77%)

Private Room (21%)

Shared Room (2%)

Listings by Cancellation Policy

Flexible (45.3%)

Moderate (42.0%)

Strict (12.7%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (19.9%)

3 Nights (7.7%)

4-6 Nights (9.9%)

7-29 Nights (3.3%)

30+ Nights (59.1%)

What amenities do listings have?

Kitchen

89%

Washer

85%

Internet

85%

Wireless Internet

85%

Heating

82%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

53%

+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

$568,311

+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)

$53

+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

$53

-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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