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AirDNA Data: US North Carolina Spring Hope

How is Spring Hope performing?

96

Great
Market Score

93

Investability

73

Rental Demand

72

Revenue Growth

21

Seasonality

41

Regulation

Annual Revenue

$13.5K

+3%

past year

Occupancy Rate

26%

+4%

past year

Average Daily Rate

$109.8

+3%

past year

Revenue per Available Rental (RevPAR)

$57.5

+6%

past year

Spring Hope Performance Details

Total available listings

7

+3%

past year

Listings by rental channel

Channel

Airbnb (86%)

Vrbo (0%)

Both (14%)

Listings by rental size

Bedrooms

1 Bedroom (71%)

2 Bedroom (14%)

3 Bedroom (0%)

4 Bedroom (14%)

5+ Bedroom (0%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (57%)

91-180 nights (14%)

181-270 nights (14%)

271-365 nights (14%)

Listings by rental type

Type

Entire Home (29%)

Private Room (71%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (57.1%)

Moderate (28.6%)

Strict (14.3%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (42.9%)

3 Nights (14.3%)

4-6 Nights (0.0%)

7-29 Nights (0.0%)

30+ Nights (42.9%)

What amenities do listings have?

Aircon

100%

Parking

100%

Heating

86%

Internet

57%

Wireless Internet

57%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
22.0%11
4.75

Occupancy

Occupancy Rate

26%

+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

$1,354,986

+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)

$26

+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

$26

-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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