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AirDNA Data: PT Faro Monchique

How is Monchique performing?

69

Good
Market Score

64

Rental Demand

64

Revenue Growth

5

Seasonality

57

Regulation

Annual Revenue

$15K

+3%

past year

Occupancy Rate

54%

+4%

past year

Average Daily Rate

$164.9

+3%

past year

Revenue per Available Rental (RevPAR)

$93.5

+6%

past year

Monchique Performance Details

Total available listings

195

+3%

past year

Listings by rental channel

Channel

Airbnb (72%)

Vrbo (14%)

Both (14%)

Listings by rental size

Bedrooms

1 Bedroom (46%)

2 Bedroom (20%)

3 Bedroom (18%)

4 Bedroom (9%)

5+ Bedroom (7%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (31%)

91-180 nights (35%)

181-270 nights (21%)

271-365 nights (13%)

Listings by rental type

Type

Entire Home (81%)

Private Room (19%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (20.5%)

Moderate (54.4%)

Strict (16.9%)

Super Strict (8.2%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (24.6%)

3 Nights (22.1%)

4-6 Nights (19.5%)

7-29 Nights (7.2%)

30+ Nights (26.7%)

What amenities do listings have?

Internet

95%

Wireless Internet

94%

Kitchen

89%

Parking

82%

Washer

70%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Garvetur SA
10.0%1
3.00
Belvilla
11.0%2
4.00
Dreamalgarve
1-0.5%53
4.50
Rentalgest
10.0%33
4.85

Occupancy

Occupancy Rate

54%

+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

$1,500,240

+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)

$54

+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

$54

-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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