How is Orem performing?
82
Great
24
Investability
66
Rental Demand
49
Revenue Growth
93
Seasonality
36
Regulation
Annual Revenue
$17.1K
+3%
past year
Occupancy Rate
58%
+4%
past year
Average Daily Rate
$159.3
+3%
past year
Revenue per Available Rental (RevPAR)
$92.8
+6%
past year
Orem Performance Details
Total available listings
615
+3%
past year
Listings by rental channel
Airbnb (60%)
Vrbo (8%)
Both (32%)
Listings by rental size
1 Bedroom (30%)
2 Bedroom (25%)
3 Bedroom (17%)
4 Bedroom (12%)
5+ Bedroom (16%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (37%)
91-180 nights (20%)
181-270 nights (20%)
271-365 nights (23%)
Listings by rental type
Entire Home (81%)
Private Room (19%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (23.3%)
Moderate (53.9%)
Strict (22.3%)
Super Strict (0.5%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (27.6%)
3 Nights (11.2%)
4-6 Nights (8.9%)
7-29 Nights (3.4%)
30+ Nights (48.8%)
What amenities do listings have?
Internet
99%
Wireless Internet
98%
Aircon
96%
Kitchen
94%
Parking
92%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 8 | 1.0% | 47 | 4.96 |
Amerifirst Financial, Inc | 3 | 0.0% | 23 | 5.00 |
Doorstep Nightly Rentals | 2 | 1.0% | 31 | 4.85 |
Premium Rentals | 1 | 0.0% | 50 | 4.85 |
Peaceful Vacation | 1 | 0.0% | 184 | 4.90 |
Occupancy
Occupancy Rate
58%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$1,711,221
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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)
$58
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$58
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat 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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