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AirDNA Data: US Pennsylvania Reading

How is Reading performing?

34

Bad
Market Score

67

Investability

36

Rental Demand

25

Revenue Growth

35

Seasonality

39

Regulation

Annual Revenue

$8.9K

+3%

past year

Occupancy Rate

44%

+4%

past year

Average Daily Rate

$128.9

+3%

past year

Revenue per Available Rental (RevPAR)

$54.1

+6%

past year

Reading Performance Details

Total available listings

222

+3%

past year

Listings by rental channel

Channel

Airbnb (80%)

Vrbo (7%)

Both (14%)

Listings by rental size

Bedrooms

1 Bedroom (55%)

2 Bedroom (20%)

3 Bedroom (15%)

4 Bedroom (7%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (43%)

91-180 nights (24%)

181-270 nights (16%)

271-365 nights (17%)

Listings by rental type

Type

Entire Home (63%)

Private Room (32%)

Shared Room (5%)

Listings by Cancellation Policy

Flexible (37.7%)

Moderate (50.0%)

Strict (12.3%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (32.0%)

3 Nights (9.5%)

4-6 Nights (2.7%)

7-29 Nights (8.6%)

30+ Nights (47.3%)

What amenities do listings have?

Wireless Internet

98%

Internet

98%

Aircon

92%

Kitchen

87%

Heating

77%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
East Coast Properties
120.1%48
3.69
Evolve
50.3%204
4.39

Occupancy

Occupancy Rate

44%

+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

$892,111

+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)

$44

+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

$44

-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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