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AirDNA Data: NZ Otago Queenstown

How is Queenstown performing?

99

Great
Market Score

85

Rental Demand

32

Revenue Growth

74

Seasonality

59

Regulation

Annual Revenue

$50K

+3%

past year

Occupancy Rate

71%

+4%

past year

Average Daily Rate

$351.7

+3%

past year

Revenue per Available Rental (RevPAR)

$236.1

+6%

past year

Queenstown Performance Details

Total available listings

2,889

+3%

past year

Listings by rental channel

Channel

Airbnb (60%)

Vrbo (5%)

Both (34%)

Listings by rental size

Bedrooms

1 Bedroom (28%)

2 Bedroom (24%)

3 Bedroom (29%)

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 (26%)

91-180 nights (14%)

181-270 nights (18%)

271-365 nights (43%)

Listings by rental type

Type

Entire Home (90%)

Private Room (10%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (9.3%)

Moderate (53.3%)

Strict (29.2%)

Super Strict (8.3%)

Listings by Minimum Stay

1 Night (0.2%)

2 Nights (30.0%)

3 Nights (37.5%)

4-6 Nights (10.1%)

7-29 Nights (1.0%)

30+ Nights (21.3%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Heating

93%

Parking

91%

Kitchen

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Luxestay
1080.3%10885
4.81
Relax Away
680.1%1079
4.84
Goodstays Queenstown Ltd
48-0.1%1518
4.76
Bookabach
42-0.1%4603
4.85
Bachcare Holiday Homes
410.0%383
4.63

Occupancy

Occupancy Rate

71%

+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

$5,004,443

+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)

$71

+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

$71

-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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