How is Novi performing?
33
Bad
15
Investability
74
Rental Demand
20
Revenue Growth
63
Seasonality
29
Regulation
Annual Revenue
$11.7K
+3%
past year
Occupancy Rate
58%
+4%
past year
Average Daily Rate
$160.7
+3%
past year
Revenue per Available Rental (RevPAR)
$87.9
+6%
past year
Novi Performance Details
Total available listings
132
+3%
past year
Listings by rental channel
Airbnb (88%)
Vrbo (5%)
Both (8%)
Listings by rental size
1 Bedroom (39%)
2 Bedroom (50%)
3 Bedroom (8%)
4 Bedroom (2%)
5+ Bedroom (1%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (51%)
91-180 nights (30%)
181-270 nights (14%)
271-365 nights (6%)
Listings by rental type
Entire Home (89%)
Private Room (9%)
Shared Room (2%)
Listings by Cancellation Policy
Flexible (9.8%)
Moderate (28.0%)
Strict (62.1%)
Super Strict (0.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (9.1%)
3 Nights (7.6%)
4-6 Nights (31.1%)
7-29 Nights (31.8%)
30+ Nights (20.5%)
What amenities do listings have?
Internet
99%
Aircon
98%
Parking
97%
Kitchen
97%
Wireless Internet
93%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
National Corporate Housing | 2 | 2.0% | 1 | 5.00 |
Occupancy
Occupancy Rate
58%
+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
$1,168,270
+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)
$58
+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
$58
-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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