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AirDNA Data: US Nevada Reno

How is Reno performing?

70

Good
Market Score

33

Investability

54

Rental Demand

32

Revenue Growth

87

Seasonality

44

Regulation

Annual Revenue

$18.2K

+3%

past year

Occupancy Rate

52%

+4%

past year

Average Daily Rate

$207.4

+3%

past year

Revenue per Available Rental (RevPAR)

$102.2

+6%

past year

Reno Performance Details

Total available listings

1,836

+3%

past year

Listings by rental channel

Channel

Airbnb (57%)

Vrbo (18%)

Both (25%)

Listings by rental size

Bedrooms

1 Bedroom (42%)

2 Bedroom (25%)

3 Bedroom (18%)

4 Bedroom (9%)

5+ Bedroom (5%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (39%)

91-180 nights (21%)

181-270 nights (16%)

271-365 nights (25%)

Listings by rental type

Type

Entire Home (85%)

Private Room (15%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (14.4%)

Moderate (60.9%)

Strict (20.4%)

Super Strict (4.2%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (25.4%)

3 Nights (12.6%)

4-6 Nights (8.0%)

7-29 Nights (10.9%)

30+ Nights (43.0%)

What amenities do listings have?

Internet

98%

Wireless Internet

95%

Aircon

95%

Kitchen

91%

Heating

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Short Stays
680.2%1671
4.56
Timeshare - RoomPicks
46-0.1%124
3.95
Evolve
330.0%812
4.81
Sigua Vacations
220.4%373
4.84
WorldMark
180.0%59
4.86

Occupancy

Occupancy Rate

52%

+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

$1,824,800

+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)

$52

+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

$52

-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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