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AirDNA Data: US Ohio Cleveland

How is Cleveland performing?

95

Great
Market Score

100

Investability

54

Rental Demand

50

Revenue Growth

59

Seasonality

44

Regulation

Annual Revenue

$12.7K

+3%

past year

Occupancy Rate

49%

+4%

past year

Average Daily Rate

$160.9

+3%

past year

Revenue per Available Rental (RevPAR)

$75.2

+6%

past year

Cleveland Performance Details

Total available listings

4,297

+3%

past year

Listings by rental channel

Channel

Airbnb (67%)

Vrbo (10%)

Both (23%)

Listings by rental size

Bedrooms

1 Bedroom (44%)

2 Bedroom (30%)

3 Bedroom (16%)

4 Bedroom (6%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (40%)

91-180 nights (23%)

181-270 nights (18%)

271-365 nights (19%)

Listings by rental type

Type

Entire Home (84%)

Private Room (15%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (22.7%)

Moderate (52.4%)

Strict (22.6%)

Super Strict (2.2%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (22.9%)

3 Nights (13.6%)

4-6 Nights (10.6%)

7-29 Nights (11.8%)

30+ Nights (41.1%)

What amenities do listings have?

Internet

98%

Wireless Internet

96%

Kitchen

94%

Aircon

93%

Heating

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Hostpros, LLC
39-0.0%3821
4.87
AMH Rental Properties
333.1%1755
4.91
Reilly Properties
270.0%114
4.60
Timeshare - RoomPicks
24-0.4%23
2.96
HomeHop
224.5%300
4.91

Occupancy

Occupancy Rate

49%

+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

$1,269,663

+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)

$49

+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

$49

-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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