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AirDNA Data: NZ Otago Waitaki District

How is Waitaki District performing?

88

Great
Market Score

48

Rental Demand

43

Revenue Growth

71

Seasonality

54

Regulation

Annual Revenue

$11.8K

+3%

past year

Occupancy Rate

50%

+4%

past year

Average Daily Rate

$118.1

+3%

past year

Revenue per Available Rental (RevPAR)

$57.1

+6%

past year

Waitaki District Performance Details

Total available listings

289

+3%

past year

Listings by rental channel

Channel

Airbnb (77%)

Vrbo (11%)

Both (11%)

Listings by rental size

Bedrooms

1 Bedroom (45%)

2 Bedroom (24%)

3 Bedroom (20%)

4 Bedroom (9%)

5+ Bedroom (2%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (29%)

91-180 nights (14%)

181-270 nights (24%)

271-365 nights (33%)

Listings by rental type

Type

Entire Home (71%)

Private Room (28%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (39.8%)

Moderate (49.1%)

Strict (11.1%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (23.5%)

3 Nights (5.2%)

4-6 Nights (0.0%)

7-29 Nights (0.3%)

30+ Nights (70.9%)

What amenities do listings have?

Internet

88%

Wireless Internet

87%

Heating

84%

Parking

83%

Tv

80%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Twizel Holiday Homes
10-0.2%632
4.84
Tiny Away
10.0%8
4.40
Bachcare Holiday Homes
10.0%2
4.50

Occupancy

Occupancy Rate

50%

+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

$1,176,678

+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)

$50

+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

$50

-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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