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AirDNA Data: US Pennsylvania Reading

How is Reading performing?

38

Bad
Market Score

67

Investability

40

Rental Demand

28

Revenue Growth

34

Seasonality

37

Regulation

Annual Revenue

$9.1K

+3%

past year

Occupancy Rate

46%

+4%

past year

Average Daily Rate

$131.2

+3%

past year

Revenue per Available Rental (RevPAR)

$57.6

+6%

past year

Reading Performance Details

Total available listings

223

+3%

past year

Listings by rental channel

Channel

Airbnb (80%)

Vrbo (7%)

Both (13%)

Listings by rental size

Bedrooms

1 Bedroom (53%)

2 Bedroom (21%)

3 Bedroom (16%)

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 (42%)

91-180 nights (23%)

181-270 nights (20%)

271-365 nights (15%)

Listings by rental type

Type

Entire Home (63%)

Private Room (32%)

Shared Room (5%)

Listings by Cancellation Policy

Flexible (37.6%)

Moderate (51.1%)

Strict (11.3%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (30.9%)

3 Nights (9.9%)

4-6 Nights (3.1%)

7-29 Nights (7.6%)

30+ Nights (48.4%)

What amenities do listings have?

Internet

99%

Wireless Internet

98%

Aircon

91%

Kitchen

87%

Heating

79%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
East Coast Properties
120.1%54
3.67
Evolve
50.3%208
4.40

Occupancy

Occupancy Rate

46%

+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

$913,709

+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)

$46

+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

$46

-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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