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AirDNA Data: US Ohio Lakewood

How is Lakewood performing?

60

Good
Market Score

46

Investability

43

Rental Demand

45

Revenue Growth

47

Seasonality

55

Regulation

Annual Revenue

$12.5K

+3%

past year

Occupancy Rate

48%

+4%

past year

Average Daily Rate

$149.4

+3%

past year

Revenue per Available Rental (RevPAR)

$66

+6%

past year

Lakewood Performance Details

Total available listings

312

+3%

past year

Listings by rental channel

Channel

Airbnb (63%)

Vrbo (10%)

Both (28%)

Listings by rental size

Bedrooms

1 Bedroom (41%)

2 Bedroom (37%)

3 Bedroom (11%)

4 Bedroom (7%)

5+ Bedroom (4%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (36%)

91-180 nights (18%)

181-270 nights (18%)

271-365 nights (29%)

Listings by rental type

Type

Entire Home (96%)

Private Room (4%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (26.9%)

Moderate (46.6%)

Strict (22.0%)

Super Strict (4.5%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (32.1%)

3 Nights (13.1%)

4-6 Nights (6.1%)

7-29 Nights (4.5%)

30+ Nights (44.2%)

What amenities do listings have?

Internet

99%

Wireless Internet

99%

Aircon

96%

Kitchen

96%

Heating

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Cleveland House Hotels
11-0.3%421
4.51
HomeHop
66.0%80
4.91
Hostpros, LLC
5-0.2%1022
4.80
AMH Rental Properties
10.0%128
4.90
Irene
1-0.8%10
4.70

Occupancy

Occupancy Rate

48%

+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

$1,254,332

+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)

$48

+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

$48

-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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