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AirDNA Data: US Utah Cedar City

How is Cedar City performing?

43

Okay
Market Score

42

Investability

54

Rental Demand

12

Revenue Growth

66

Seasonality

40

Regulation

Annual Revenue

$14.9K

+3%

past year

Occupancy Rate

54%

+4%

past year

Average Daily Rate

$161.5

+3%

past year

Revenue per Available Rental (RevPAR)

$85

+6%

past year

Cedar City Performance Details

Total available listings

658

+3%

past year

Listings by rental channel

Channel

Airbnb (56%)

Vrbo (17%)

Both (27%)

Listings by rental size

Bedrooms

1 Bedroom (32%)

2 Bedroom (17%)

3 Bedroom (31%)

4 Bedroom (10%)

5+ Bedroom (10%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (35%)

91-180 nights (16%)

181-270 nights (16%)

271-365 nights (33%)

Listings by rental type

Type

Entire Home (84%)

Private Room (15%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (22.2%)

Moderate (58.3%)

Strict (17.5%)

Super Strict (2.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (36.3%)

3 Nights (4.0%)

4-6 Nights (2.6%)

7-29 Nights (0.3%)

30+ Nights (56.8%)

What amenities do listings have?

Internet

98%

Parking

96%

Aircon

95%

Heating

93%

Wireless Internet

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
230.6%437
4.82
Big Yellow Inn Bed & Breakfast
120.7%61
4.94
My 2nd Home Vacation Homes
70.4%41
4.68
Vacasa
71.3%34
4.83
Family Time Vacation Rentals
10.0%7
4.85

Occupancy

Occupancy Rate

54%

+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

$1,490,157

+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)

$54

+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

$54

-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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