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AirDNA Data: MY Default George Town

How is George Town performing?

96

Great
Market Score

76

Rental Demand

34

Revenue Growth

77

Seasonality

56

Regulation

Annual Revenue

$13K

+3%

past year

Occupancy Rate

53%

+4%

past year

Average Daily Rate

$91.5

+3%

past year

Revenue per Available Rental (RevPAR)

$47.1

+6%

past year

George Town Performance Details

Total available listings

90

+3%

past year

Listings by rental channel

Channel

Airbnb (94%)

Vrbo (2%)

Both (3%)

Listings by rental size

Bedrooms

1 Bedroom (7%)

2 Bedroom (87%)

3 Bedroom (6%)

4 Bedroom (0%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (17%)

91-180 nights (8%)

181-270 nights (12%)

271-365 nights (63%)

Listings by rental type

Type

Entire Home (94%)

Private Room (6%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (19.8%)

Moderate (29.1%)

Strict (51.2%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (11.1%)

3 Nights (1.1%)

4-6 Nights (1.1%)

7-29 Nights (0.0%)

30+ Nights (86.7%)

What amenities do listings have?

Aircon

100%

Wireless Internet

98%

Internet

98%

Parking

97%

Pool

86%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Metro Homes Sdn Bhd
950.6%770
4.73
The Homestay Helper
640.0%5639
4.82
228 Penang Vacation Home
590.6%4657
4.68
Penang Homestay
37-0.1%2260
4.85
Hotel Heroes
350.0%685
4.22

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

$1,303,868

+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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