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AirDNA Data: US Connecticut Old Lyme

How is Old Lyme performing?

11

Bad
Market Score

45

Investability

45

Rental Demand

24

Revenue Growth

13

Seasonality

32

Regulation

Annual Revenue

$23.5K

+3%

past year

Occupancy Rate

52%

+4%

past year

Average Daily Rate

$360.5

+3%

past year

Revenue per Available Rental (RevPAR)

$188.4

+6%

past year

Old Lyme Performance Details

Total available listings

176

+3%

past year

Listings by rental channel

Channel

Airbnb (52%)

Vrbo (22%)

Both (27%)

Listings by rental size

Bedrooms

1 Bedroom (24%)

2 Bedroom (22%)

3 Bedroom (25%)

4 Bedroom (21%)

5+ Bedroom (9%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (43%)

91-180 nights (35%)

181-270 nights (15%)

271-365 nights (8%)

Listings by rental type

Type

Entire Home (93%)

Private Room (7%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (12.6%)

Moderate (63.4%)

Strict (24.0%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (29.5%)

3 Nights (13.6%)

4-6 Nights (14.8%)

7-29 Nights (21.6%)

30+ Nights (20.5%)

What amenities do listings have?

Internet

98%

Wireless Internet

97%

Parking

96%

Kitchen

89%

Aircon

86%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
iUgo
99.0%140
4.87
Evolve
32.0%10
4.42
PMI East Lyme
10.0%13
5.00

Occupancy

Occupancy Rate

52%

+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

$2,345,915

+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)

$52

+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

$52

-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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