How is Morristown performing?
3
Bad
24
Investability
30
Rental Demand
44
Revenue Growth
9
Seasonality
19
Regulation
Annual Revenue
$10.3K
+3%
past year
Occupancy Rate
45%
+4%
past year
Average Daily Rate
$158.7
+3%
past year
Revenue per Available Rental (RevPAR)
$77.9
+6%
past year
Morristown Performance Details
Total available listings
18
+3%
past year
Listings by rental channel
Airbnb (50%)
Vrbo (33%)
Both (17%)
Listings by rental size
1 Bedroom (56%)
2 Bedroom (39%)
3 Bedroom (6%)
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 (44%)
91-180 nights (33%)
181-270 nights (17%)
271-365 nights (6%)
Listings by rental type
Entire Home (94%)
Private Room (6%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (16.7%)
Moderate (72.2%)
Strict (11.1%)
Super Strict (0.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (50.0%)
3 Nights (11.1%)
4-6 Nights (22.2%)
7-29 Nights (0.0%)
30+ Nights (16.7%)
What amenities do listings have?
Parking
94%
Aircon
89%
Kitchen
89%
Internet
83%
Wireless Internet
83%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 2 | 1.0% | 6 | 4.83 |
Occupancy
Occupancy Rate
45%
+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
$1,029,178
+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)
$45
+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
$45
-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
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