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AirDNA Data: TR Default Istanbul

How is Istanbul performing?

99

Great
Market Score

34

Rental Demand

95

Revenue Growth

51

Seasonality

41

Regulation

Annual Revenue

$4.8K

+3%

past year

Occupancy Rate

40%

+4%

past year

Average Daily Rate

$74.5

+3%

past year

Revenue per Available Rental (RevPAR)

$31.3

+6%

past year

Istanbul Performance Details

Total available listings

44,843

+3%

past year

Listings by rental channel

Channel

Airbnb (92%)

Vrbo (3%)

Both (6%)

Listings by rental size

Bedrooms

1 Bedroom (64%)

2 Bedroom (25%)

3 Bedroom (8%)

4 Bedroom (2%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (56%)

91-180 nights (21%)

181-270 nights (12%)

271-365 nights (11%)

Listings by rental type

Type

Entire Home (76%)

Private Room (23%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (35.4%)

Moderate (48.3%)

Strict (16.1%)

Super Strict (0.1%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (17.5%)

3 Nights (12.7%)

4-6 Nights (7.9%)

7-29 Nights (3.9%)

30+ Nights (58.0%)

What amenities do listings have?

Internet

97%

Wireless Internet

97%

Kitchen

86%

Washer

81%

Tv

81%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Host - Mehmet
192-0.6%896
4.56
MAT istanbul
121-0.3%4332
4.73
Efendi Travel Sultanahmet
54-0.3%3408
4.58
Mayer Hotels & Apartments
380.3%1960
4.59
Dream Houses Istanbul
340.2%780
4.54

Occupancy

Occupancy Rate

40%

+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

$476,782

+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)

$40

+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

$40

-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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