How is Morristown performing?
47
Okay
26
Investability
43
Rental Demand
55
Revenue Growth
44
Seasonality
50
Regulation
Annual Revenue
$9.8K
+3%
past year
Occupancy Rate
48%
+4%
past year
Average Daily Rate
$158.2
+3%
past year
Revenue per Available Rental (RevPAR)
$80.9
+6%
past year
Morristown Performance Details
Total available listings
19
+3%
past year
Listings by rental channel
Airbnb (47%)
Vrbo (32%)
Both (21%)
Listings by rental size
1 Bedroom (58%)
2 Bedroom (37%)
3 Bedroom (5%)
4 Bedroom (0%)
5+ Bedroom (0%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (37%)
91-180 nights (37%)
181-270 nights (21%)
271-365 nights (5%)
Listings by rental type
Entire Home (95%)
Private Room (5%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (15.8%)
Moderate (68.4%)
Strict (15.8%)
Super Strict (0.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (52.6%)
3 Nights (10.5%)
4-6 Nights (21.1%)
7-29 Nights (0.0%)
30+ Nights (15.8%)
What amenities do listings have?
Aircon
89%
Parking
89%
Kitchen
84%
Internet
84%
Heating
84%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 2 | 1.0% | 6 | 4.83 |
Occupancy
Occupancy Rate
48%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$977,200
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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)
$48
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$48
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Smart Investments Happen Here
AirDNA’s powerful yet easy-to-use tools make hosting and investing a breeze.
This means having every insight you need, all in one place, always up-to-date.
Start exploring for free