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AirDNA Data: US Utah Salt Lake City

How is Salt Lake City performing?

69

Good
Market Score

29

Investability

69

Rental Demand

46

Revenue Growth

52

Seasonality

52

Regulation

Annual Revenue

$19.3K

+3%

past year

Occupancy Rate

59%

+4%

past year

Average Daily Rate

$185

+3%

past year

Revenue per Available Rental (RevPAR)

$104.3

+6%

past year

Salt Lake City Performance Details

Total available listings

5,203

+3%

past year

Listings by rental channel

Channel

Airbnb (59%)

Vrbo (10%)

Both (31%)

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 (35%)

91-180 nights (21%)

181-270 nights (20%)

271-365 nights (24%)

Listings by rental type

Type

Entire Home (88%)

Private Room (12%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (17.8%)

Moderate (58.3%)

Strict (21.5%)

Super Strict (2.4%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (28.4%)

3 Nights (14.0%)

4-6 Nights (6.8%)

7-29 Nights (6.2%)

30+ Nights (44.6%)

What amenities do listings have?

Internet

99%

Wireless Internet

98%

Kitchen

94%

Heating

93%

Aircon

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
RedAwning
59-0.0%2
5.00
Evolve
530.2%960
4.81
GrandRoad
490.6%2994
4.94
M&D Vacation Rentals
3838.0%671
4.87
Vacasa
35-0.2%618
4.72

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

$1,928,545

+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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