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AirDNA Data: US Nevada Reno

How is Reno performing?

68

Good
Market Score

30

Investability

58

Rental Demand

29

Revenue Growth

84

Seasonality

47

Regulation

Annual Revenue

$18.8K

+3%

past year

FebAprJunAugOctDecFeb
Occupancy Rate

53%

+4%

past year

JanMarMayJulSepNov
Average Daily Rate

$206.5

+3%

past year

JanMarMayJulSepNov
Revenue per Available Rental (RevPAR)

$101.9

+6%

past year

JanMarMayJulSepNov

Reno Performance Details

Total available listings

1,817

+3%

past year

Listings by rental channel

Channel

Airbnb (57%)

Vrbo (16%)

Both (27%)

Listings by rental size

Bedrooms

1 Bedroom (41%)

2 Bedroom (27%)

3 Bedroom (17%)

4 Bedroom (10%)

5+ Bedroom (5%)

Rental growth in the last 12 months

Active Listings

+8%

past year

JanFebMarAprMayJunJulAugSepOctNovDec100125150175200Active Listings

Listings by annual availability

Available

1-90 nights (37%)

91-180 nights (21%)

181-270 nights (18%)

271-365 nights (24%)

Listings by rental type

Type

Entire Home (87%)

Private Room (13%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (14.6%)

Moderate (59.7%)

Strict (19.6%)

Super Strict (6.1%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (30.0%)

3 Nights (11.9%)

4-6 Nights (8.8%)

7-29 Nights (10.7%)

30+ Nights (38.6%)

What amenities do listings have?

Internet

99%

Wireless Internet

96%

Aircon

95%

Kitchen

91%

Heating

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Short Stays
750.0%1689
4.55
Timeshare - RoomPicks
460.0%161
4.02
Evolve
39-0.0%920
4.82
Suiteness
260.0%2
5.00
Sigua Vacations
230.4%391
4.84

Occupancy

Occupancy Rate

53%

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec1.6K%2.4K%3.2K%4K%4.8K%% Booked
2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,880,016

+5%

past year

Apr: 80Aug: 30
How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$53

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$53

-7%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018
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