How is Lagos performing?
74
Good
21
Rental Demand
100
Revenue Growth
71
Seasonality
38
Regulation
Annual Revenue
$3.1K
+3%
past year
Occupancy Rate
31%
+4%
past year
Average Daily Rate
$96
+3%
past year
Revenue per Available Rental (RevPAR)
$29.7
+6%
past year
Lagos Performance Details
Total available listings
6,159
+3%
past year
Listings by rental channel
Airbnb (94%)
Vrbo (1%)
Both (5%)
Listings by rental size
1 Bedroom (36%)
2 Bedroom (30%)
3 Bedroom (23%)
4 Bedroom (9%)
5+ Bedroom (3%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (67%)
91-180 nights (17%)
181-270 nights (10%)
271-365 nights (6%)
Listings by rental type
Entire Home (88%)
Private Room (12%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (61.3%)
Moderate (28.4%)
Strict (10.2%)
Super Strict (0.1%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (24.1%)
3 Nights (10.6%)
4-6 Nights (2.7%)
7-29 Nights (2.4%)
30+ Nights (60.3%)
What amenities do listings have?
Aircon
98%
Parking
96%
Internet
96%
Wireless Internet
96%
Kitchen
94%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
TravelNest | 53 | 0.7% | 6 | 2.67 |
Gidihotel Apartment | 21 | -0.2% | 25 | 4.48 |
Ola | 8 | -0.2% | 81 | 4.22 |
Kimberly's Apartment Management | 8 | -0.3% | 9 | 4.66 |
Nabro Holdings LLC | 1 | 1.0% | 2 | 4.00 |
Occupancy
Occupancy Rate
31%
+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
$308,703
+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)
$31
+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
$31
-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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