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AirDNA Data: US Indiana Westfield

How is Westfield performing?

46

Okay
Market Score

60

Investability

45

Rental Demand

49

Revenue Growth

12

Seasonality

52

Regulation

Annual Revenue

$28.6K

+3%

past year

Occupancy Rate

49%

+4%

past year

Average Daily Rate

$306

+3%

past year

Revenue per Available Rental (RevPAR)

$148.6

+6%

past year

Westfield Performance Details

Total available listings

188

+3%

past year

Listings by rental channel

Channel

Airbnb (53%)

Vrbo (7%)

Both (40%)

Listings by rental size

Bedrooms

1 Bedroom (14%)

2 Bedroom (11%)

3 Bedroom (40%)

4 Bedroom (22%)

5+ Bedroom (13%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (28%)

91-180 nights (19%)

181-270 nights (24%)

271-365 nights (29%)

Listings by rental type

Type

Entire Home (90%)

Private Room (9%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (17.8%)

Moderate (62.2%)

Strict (19.5%)

Super Strict (0.5%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (41.0%)

3 Nights (16.5%)

4-6 Nights (9.6%)

7-29 Nights (2.1%)

30+ Nights (30.9%)

What amenities do listings have?

Internet

99%

Wireless Internet

98%

Aircon

96%

Parking

96%

Kitchen

94%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Brentwood Property Group
30.5%62
4.82
Evolve
21.0%31
4.65

Occupancy

Occupancy Rate

49%

+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

$2,862,823

+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)

$49

+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

$49

-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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