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AirDNA Data: LK Default Hikkaduwa

How is Hikkaduwa performing?

59

Okay
Market Score

22

Rental Demand

93

Revenue Growth

18

Seasonality

55

Regulation

Annual Revenue

$4.3K

+3%

past year

Occupancy Rate

34%

+4%

past year

Average Daily Rate

$67.3

+3%

past year

Revenue per Available Rental (RevPAR)

$26.8

+6%

past year

Hikkaduwa Performance Details

Total available listings

870

+3%

past year

Listings by rental channel

Channel

Airbnb (87%)

Vrbo (6%)

Both (7%)

Listings by rental size

Bedrooms

1 Bedroom (47%)

2 Bedroom (23%)

3 Bedroom (14%)

4 Bedroom (6%)

5+ Bedroom (9%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (55%)

91-180 nights (21%)

181-270 nights (14%)

271-365 nights (9%)

Listings by rental type

Type

Entire Home (63%)

Private Room (37%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (49.8%)

Moderate (32.8%)

Strict (17.2%)

Super Strict (0.2%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (19.4%)

3 Nights (10.3%)

4-6 Nights (4.1%)

7-29 Nights (3.9%)

30+ Nights (62.2%)

What amenities do listings have?

Internet

95%

Wireless Internet

93%

Parking

88%

Kitchen

82%

Aircon

73%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Neverbeen
100.0%5
4.80
Ceyexplore
20.0%1
5.00
Your.Rentals
21.0%1
5.00

Occupancy

Occupancy Rate

34%

+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

$434,915

+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)

$34

+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

$34

-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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