AirDNA Data: MY→ Pulau Pinang→ George Town
How is George Town performing?
99
Great
76
Rental Demand
35
Revenue Growth
91
Seasonality
62
Regulation
Annual Revenue
$8.7K
+3%
past year
Occupancy Rate
51%
+4%
past year
Average Daily Rate
$66.7
+3%
past year
Revenue per Available Rental (RevPAR)
$34.9
+6%
past year
George Town Performance Details
Total available listings
3,713
+3%
past year
Listings by rental channel
Airbnb (97%)
Vrbo (1%)
Both (3%)
Listings by rental size
1 Bedroom (41%)
2 Bedroom (31%)
3 Bedroom (23%)
4 Bedroom (2%)
5+ Bedroom (3%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (22%)
91-180 nights (16%)
181-270 nights (16%)
271-365 nights (47%)
Listings by rental type
Entire Home (73%)
Private Room (26%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (23.1%)
Moderate (39.6%)
Strict (37.2%)
Super Strict (0.1%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (10.0%)
3 Nights (0.8%)
4-6 Nights (0.3%)
7-29 Nights (0.4%)
30+ Nights (88.5%)
What amenities do listings have?
Aircon
100%
Internet
98%
Wireless Internet
98%
Parking
83%
Tv
78%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Metro Homes Sdn Bhd | 96 | 0.7% | 786 | 4.74 |
Comfy Homestay | 83 | 4.2% | 5503 | 4.86 |
The Homestay Helper | 64 | 0.0% | 5694 | 4.82 |
228 Penang Vacation Home | 60 | 0.5% | 4865 | 4.68 |
Penang Homestay | 38 | -0.1% | 2383 | 4.85 |
Occupancy
Occupancy Rate
51%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$870,808
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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)
$51
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$51
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat 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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