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AirDNA Data: IT Sicilia Modica

How is Modica performing?

59

Okay
Market Score

22

Rental Demand

51

Revenue Growth

43

Seasonality

37

Regulation

Annual Revenue

$14.8K

+3%

past year

Occupancy Rate

42%

+4%

past year

Average Daily Rate

$214.9

+3%

past year

Revenue per Available Rental (RevPAR)

$100.5

+6%

past year

Modica Performance Details

Total available listings

1,083

+3%

past year

Listings by rental channel

Channel

Airbnb (57%)

Vrbo (17%)

Both (26%)

Listings by rental size

Bedrooms

1 Bedroom (39%)

2 Bedroom (35%)

3 Bedroom (11%)

4 Bedroom (7%)

5+ Bedroom (9%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (39%)

91-180 nights (32%)

181-270 nights (16%)

271-365 nights (14%)

Listings by rental type

Type

Entire Home (89%)

Private Room (11%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (25.1%)

Moderate (48.2%)

Strict (14.4%)

Super Strict (12.3%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (27.1%)

3 Nights (13.9%)

4-6 Nights (16.1%)

7-29 Nights (8.7%)

30+ Nights (34.3%)

What amenities do listings have?

Aircon

90%

Kitchen

89%

Internet

85%

Wireless Internet

82%

Tv

80%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Novasol
540.6%78
4.33
IsulaTravel
160.3%131
4.83
Bookiply
6-0.5%45
4.72
interhome
50.0%34
4.82
Wonderful Italy
40.0%216
4.78

Occupancy

Occupancy Rate

42%

+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

$1,481,380

+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)

$42

+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

$42

-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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