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AirDNA Data: US Utah Provo

How is Provo performing?

51

Okay
Market Score

35

Investability

50

Rental Demand

30

Revenue Growth

76

Seasonality

32

Regulation

Annual Revenue

$25.6K

+3%

past year

Occupancy Rate

52%

+4%

past year

Average Daily Rate

$278.1

+3%

past year

Revenue per Available Rental (RevPAR)

$127.7

+6%

past year

Provo Performance Details

Total available listings

593

+3%

past year

Listings by rental channel

Channel

Airbnb (52%)

Vrbo (11%)

Both (37%)

Listings by rental size

Bedrooms

1 Bedroom (28%)

2 Bedroom (27%)

3 Bedroom (20%)

4 Bedroom (12%)

5+ Bedroom (13%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (34%)

91-180 nights (21%)

181-270 nights (16%)

271-365 nights (29%)

Listings by rental type

Type

Entire Home (91%)

Private Room (9%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (20.6%)

Moderate (55.2%)

Strict (23.0%)

Super Strict (1.2%)

Listings by Minimum Stay

1 Night (0.8%)

2 Nights (35.2%)

3 Nights (12.1%)

4-6 Nights (9.6%)

7-29 Nights (4.0%)

30+ Nights (38.1%)

What amenities do listings have?

Internet

97%

Wireless Internet

97%

Kitchen

91%

Heating

89%

Parking

88%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Stewart Mountain Lodging
380.0%680
4.94
Aspenwood Manor
230.0%760
4.84
Amerifirst Financial, Inc
10-0.3%991
4.88
Evolve
9-0.1%340
4.91
PMI Park City
10.0%34
4.80

Occupancy

Occupancy Rate

52%

+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

$2,559,689

+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)

$52

+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

$52

-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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