How is Novi performing?
35
Bad
21
Investability
66
Rental Demand
23
Revenue Growth
62
Seasonality
31
Regulation
Annual Revenue
$11.5K
+3%
past year
Occupancy Rate
58%
+4%
past year
Average Daily Rate
$168.1
+3%
past year
Revenue per Available Rental (RevPAR)
$88.6
+6%
past year
Novi Performance Details
Total available listings
131
+3%
past year
Listings by rental channel
Airbnb (88%)
Vrbo (5%)
Both (8%)
Listings by rental size
1 Bedroom (40%)
2 Bedroom (49%)
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 (50%)
91-180 nights (27%)
181-270 nights (17%)
271-365 nights (6%)
Listings by rental type
Entire Home (89%)
Private Room (11%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (10.7%)
Moderate (28.2%)
Strict (61.1%)
Super Strict (0.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (4.6%)
3 Nights (7.6%)
4-6 Nights (31.3%)
7-29 Nights (30.5%)
30+ Nights (26.0%)
What amenities do listings have?
Internet
99%
Aircon
98%
Parking
97%
Kitchen
96%
Wireless Internet
93%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|
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
$1,154,983
+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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