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AirDNA Data: NO Rogaland Sola

How is Sola performing?

80

Good
Market Score

52

Rental Demand

61

Revenue Growth

54

Seasonality

14

Regulation

Annual Revenue

$5.9K

+3%

past year

Occupancy Rate

51%

+4%

past year

Average Daily Rate

$163.2

+3%

past year

Revenue per Available Rental (RevPAR)

$76.2

+6%

past year

Sola Performance Details

Total available listings

174

+3%

past year

Listings by rental channel

Channel

Airbnb (98%)

Vrbo (1%)

Both (1%)

Listings by rental size

Bedrooms

1 Bedroom (34%)

2 Bedroom (27%)

3 Bedroom (21%)

4 Bedroom (13%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (62%)

91-180 nights (24%)

181-270 nights (10%)

271-365 nights (4%)

Listings by rental type

Type

Entire Home (89%)

Private Room (11%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (48.9%)

Moderate (40.8%)

Strict (9.8%)

Super Strict (0.6%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (23.0%)

3 Nights (18.4%)

4-6 Nights (17.2%)

7-29 Nights (5.7%)

30+ Nights (35.6%)

What amenities do listings have?

Wireless Internet

95%

Internet

95%

Kitchen

95%

Parking

94%

Washer

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

51%

+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

$590,425

+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)

$51

+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

$51

-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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