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AirDNA Data: US Utah Salt Lake City

How is Salt Lake City performing?

70

Good
Market Score

27

Investability

69

Rental Demand

46

Revenue Growth

61

Seasonality

46

Regulation

Annual Revenue

$19.3K

+3%

past year

Occupancy Rate

59%

+4%

past year

Average Daily Rate

$186.9

+3%

past year

Revenue per Available Rental (RevPAR)

$105

+6%

past year

Salt Lake City Performance Details

Total available listings

5,255

+3%

past year

Listings by rental channel

Channel

Airbnb (60%)

Vrbo (10%)

Both (30%)

Listings by rental size

Bedrooms

1 Bedroom (43%)

2 Bedroom (26%)

3 Bedroom (16%)

4 Bedroom (9%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (36%)

91-180 nights (21%)

181-270 nights (19%)

271-365 nights (24%)

Listings by rental type

Type

Entire Home (88%)

Private Room (12%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (17.7%)

Moderate (59.0%)

Strict (20.8%)

Super Strict (2.5%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (28.4%)

3 Nights (13.9%)

4-6 Nights (7.2%)

7-29 Nights (6.3%)

30+ Nights (44.2%)

What amenities do listings have?

Internet

99%

Wireless Internet

98%

Kitchen

94%

Heating

92%

Aircon

91%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
RedAwning
54-0.1%2
5.00
Evolve
530.2%967
4.81
GrandRoad
480.5%3077
4.94
M&D Vacation Rentals
3838.0%731
4.87
Cottonwood Lodging Company
360.3%601
4.91

Occupancy

Occupancy Rate

59%

+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

$1,928,846

+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)

$59

+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

$59

-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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