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AirDNA Data: US Utah Provo

How is Provo performing?

62

Good
Market Score

37

Investability

52

Rental Demand

32

Revenue Growth

77

Seasonality

39

Regulation

Annual Revenue

$25.7K

+3%

past year

Occupancy Rate

54%

+4%

past year

Average Daily Rate

$283.6

+3%

past year

Revenue per Available Rental (RevPAR)

$131.8

+6%

past year

Provo Performance Details

Total available listings

587

+3%

past year

Listings by rental channel

Channel

Airbnb (51%)

Vrbo (11%)

Both (38%)

Listings by rental size

Bedrooms

1 Bedroom (27%)

2 Bedroom (27%)

3 Bedroom (21%)

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 (36%)

91-180 nights (19%)

181-270 nights (15%)

271-365 nights (30%)

Listings by rental type

Type

Entire Home (91%)

Private Room (9%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (20.0%)

Moderate (55.8%)

Strict (23.2%)

Super Strict (1.0%)

Listings by Minimum Stay

1 Night (0.9%)

2 Nights (35.9%)

3 Nights (12.1%)

4-6 Nights (8.3%)

7-29 Nights (4.4%)

30+ Nights (38.3%)

What amenities do listings have?

Internet

97%

Wireless Internet

96%

Kitchen

92%

Parking

89%

Heating

88%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Stewart Mountain Lodging
380.2%677
4.94
Aspenwood Manor
230.0%749
4.83
Evolve
110.0%359
4.90
Amerifirst Financial, Inc
10-0.3%973
4.88
PMI Park City
10.0%33
4.80

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

$2,571,369

+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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