How is Orem performing?
80
Great
25
Investability
69
Rental Demand
47
Revenue Growth
95
Seasonality
35
Regulation
Annual Revenue
$18.2K
+3%
past year
Occupancy Rate
58%
+4%
past year
Average Daily Rate
$169.8
+3%
past year
Revenue per Available Rental (RevPAR)
$97.3
+6%
past year
Orem Performance Details
Total available listings
594
+3%
past year
Listings by rental channel
Airbnb (57%)
Vrbo (8%)
Both (35%)
Listings by rental size
1 Bedroom (30%)
2 Bedroom (24%)
3 Bedroom (17%)
4 Bedroom (12%)
5+ Bedroom (18%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (33%)
91-180 nights (24%)
181-270 nights (18%)
271-365 nights (25%)
Listings by rental type
Entire Home (82%)
Private Room (18%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (22.3%)
Moderate (50.9%)
Strict (26.2%)
Super Strict (0.7%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (28.1%)
3 Nights (11.3%)
4-6 Nights (7.6%)
7-29 Nights (4.4%)
30+ Nights (48.7%)
What amenities do listings have?
Wireless Internet
99%
Internet
99%
Aircon
96%
Kitchen
93%
Heating
92%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 11 | 0.4% | 75 | 4.96 |
Amerifirst Financial, Inc | 3 | 0.0% | 24 | 4.91 |
Doorstep Nightly Rentals | 2 | 1.0% | 35 | 4.84 |
Airdream Vacation Rentals | 1 | 0.0% | 44 | 4.95 |
Casago | 1 | 0.0% | 16 | 4.95 |
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
$1,818,188
+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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