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AirDNA Data: PT Faro Lagoa

How is Lagoa performing?

79

Good
Market Score

72

Rental Demand

64

Revenue Growth

15

Seasonality

50

Regulation

Annual Revenue

$29.7K

+3%

past year

Occupancy Rate

61%

+4%

past year

Average Daily Rate

$313.5

+3%

past year

Revenue per Available Rental (RevPAR)

$193.4

+6%

past year

Lagoa Performance Details

Total available listings

411

+3%

past year

Listings by rental channel

Channel

Airbnb (50%)

Vrbo (19%)

Both (31%)

Listings by rental size

Bedrooms

1 Bedroom (18%)

2 Bedroom (27%)

3 Bedroom (28%)

4 Bedroom (16%)

5+ Bedroom (10%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (28%)

91-180 nights (34%)

181-270 nights (29%)

271-365 nights (8%)

Listings by rental type

Type

Entire Home (93%)

Private Room (7%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (8.3%)

Moderate (54.9%)

Strict (20.8%)

Super Strict (15.9%)

Listings by Minimum Stay

1 Night (0.2%)

2 Nights (11.4%)

3 Nights (10.7%)

4-6 Nights (35.8%)

7-29 Nights (26.3%)

30+ Nights (15.6%)

What amenities do listings have?

Internet

95%

Wireless Internet

93%

Kitchen

92%

Washer

85%

Tv

85%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Benagil Holidays
290.0%561
4.81
Villa Plus
92.0%10
4.00
Algarve Vacation
62.0%23
4.76
Amarante Villa's
60.2%19
4.90
IPC Management - Estate Agent And Property Management
40.0%62
4.67

Occupancy

Occupancy Rate

61%

+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

$2,967,956

+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)

$61

+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

$61

-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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