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AirDNA Data: NO More Og Romsdal Vestnes

How is Vestnes performing?

39

Bad
Market Score

44

Rental Demand

22

Revenue Growth

32

Seasonality

39

Regulation

Annual Revenue

$6K

+3%

past year

Occupancy Rate

48%

+4%

past year

Average Daily Rate

$136.5

+3%

past year

Revenue per Available Rental (RevPAR)

$64.1

+6%

past year

Vestnes Performance Details

Total available listings

92

+3%

past year

Listings by rental channel

Channel

Airbnb (92%)

Vrbo (1%)

Both (7%)

Listings by rental size

Bedrooms

1 Bedroom (25%)

2 Bedroom (26%)

3 Bedroom (28%)

4 Bedroom (17%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (54%)

91-180 nights (29%)

181-270 nights (11%)

271-365 nights (5%)

Listings by rental type

Type

Entire Home (92%)

Private Room (8%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (48.9%)

Moderate (38.0%)

Strict (6.5%)

Super Strict (6.5%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (41.3%)

3 Nights (13.0%)

4-6 Nights (9.8%)

7-29 Nights (4.3%)

30+ Nights (31.5%)

What amenities do listings have?

Kitchen

98%

Parking

95%

Internet

85%

Washer

84%

Wireless Internet

84%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Novasol
70.8%1
5.00

Occupancy

Occupancy Rate

48%

+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

$598,929

+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)

$48

+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

$48

-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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