AirDNA Data: MY→ Pulau Pinang→ Wellesley Province
How is Wellesley Province performing?
59
Okay
19
Rental Demand
37
Revenue Growth
79
Seasonality
53
Regulation
Annual Revenue
$3.8K
+3%
past year
Occupancy Rate
32%
+4%
past year
Average Daily Rate
$60.3
+3%
past year
Revenue per Available Rental (RevPAR)
$19
+6%
past year
Wellesley Province Performance Details
Total available listings
1,137
+3%
past year
Listings by rental channel
Airbnb (99%)
Vrbo (0%)
Both (1%)
Listings by rental size
1 Bedroom (27%)
2 Bedroom (13%)
3 Bedroom (33%)
4 Bedroom (21%)
5+ Bedroom (5%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (28%)
91-180 nights (18%)
181-270 nights (17%)
271-365 nights (38%)
Listings by rental type
Entire Home (81%)
Private Room (19%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (39.3%)
Moderate (41.9%)
Strict (18.7%)
Super Strict (0.1%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (6.1%)
3 Nights (0.5%)
4-6 Nights (0.4%)
7-29 Nights (0.8%)
30+ Nights (92.2%)
What amenities do listings have?
Aircon
99%
Parking
94%
Internet
84%
Wireless Internet
84%
Kitchen
81%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Jovial Homestay | 42 | -0.2% | 836 | 4.62 |
De Luma | 17 | -0.1% | 180 | 4.78 |
Tree Premier Suite | 4 | 0.0% | 315 | 4.67 |
Hotel Heroes | 1 | 0.0% | 2 | 2.50 |
Occupancy
Occupancy Rate
32%
+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
$384,986
+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)
$32
+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
$32
-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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