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AirDNA Data: US Louisiana Springfield

How is Springfield performing?

3

Bad
Market Score

25

Investability

9

Rental Demand

64

Revenue Growth

4

Seasonality

24

Regulation

Annual Revenue

$11.5K

+3%

past year

Occupancy Rate

33%

+4%

past year

Average Daily Rate

$257.7

+3%

past year

Revenue per Available Rental (RevPAR)

$128.3

+6%

past year

Springfield Performance Details

Total available listings

64

+3%

past year

Listings by rental channel

Channel

Airbnb (59%)

Vrbo (16%)

Both (25%)

Listings by rental size

Bedrooms

1 Bedroom (36%)

2 Bedroom (23%)

3 Bedroom (28%)

4 Bedroom (11%)

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 (13%)

271-365 nights (17%)

Listings by rental type

Type

Entire Home (91%)

Private Room (9%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (23.8%)

Moderate (54.0%)

Strict (22.2%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (45.3%)

3 Nights (6.3%)

4-6 Nights (1.6%)

7-29 Nights (0.0%)

30+ Nights (46.9%)

What amenities do listings have?

Parking

94%

Internet

88%

Aircon

86%

Wireless Internet

84%

Kitchen

75%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
43.0%32
4.97

Occupancy

Occupancy Rate

33%

+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

$1,146,833

+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)

$33

+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

$33

-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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