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AirDNA Data: US Delaware Newark

How is Newark performing?

53

Okay
Market Score

31

Investability

42

Rental Demand

39

Revenue Growth

84

Seasonality

30

Regulation

Annual Revenue

$9.6K

+3%

past year

Occupancy Rate

47%

+4%

past year

Average Daily Rate

$172.5

+3%

past year

Revenue per Available Rental (RevPAR)

$65.5

+6%

past year

Newark Performance Details

Total available listings

317

+3%

past year

Listings by rental channel

Channel

Airbnb (62%)

Vrbo (20%)

Both (18%)

Listings by rental size

Bedrooms

1 Bedroom (54%)

2 Bedroom (21%)

3 Bedroom (11%)

4 Bedroom (12%)

5+ Bedroom (2%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (44%)

91-180 nights (27%)

181-270 nights (17%)

271-365 nights (13%)

Listings by rental type

Type

Entire Home (65%)

Private Room (35%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (16.8%)

Moderate (70.8%)

Strict (12.1%)

Super Strict (0.3%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (15.5%)

3 Nights (8.2%)

4-6 Nights (3.5%)

7-29 Nights (10.7%)

30+ Nights (62.1%)

What amenities do listings have?

Internet

100%

Aircon

99%

Heating

92%

Wireless Internet

89%

Parking

86%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Timeshare - RoomPicks
331.8%33
4.19
Properties By Preston
3232.0%44
4.50
Host / Eric
11.0%1
5.00
Evolve
10.0%24
4.80

Occupancy

Occupancy Rate

47%

+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

$960,224

+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)

$47

+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

$47

-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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