How is Richmond performing?
93
Great
55
Investability
68
Rental Demand
44
Revenue Growth
93
Seasonality
38
Regulation
Annual Revenue
$16.2K
+3%
past year
Occupancy Rate
56%
+4%
past year
Average Daily Rate
$165.3
+3%
past year
Revenue per Available Rental (RevPAR)
$90.4
+6%
past year
Richmond Performance Details
Total available listings
1,997
+3%
past year
Listings by rental channel
Airbnb (71%)
Vrbo (8%)
Both (21%)
Listings by rental size
1 Bedroom (50%)
2 Bedroom (24%)
3 Bedroom (19%)
4 Bedroom (5%)
5+ Bedroom (2%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (39%)
91-180 nights (20%)
181-270 nights (15%)
271-365 nights (26%)
Listings by rental type
Entire Home (85%)
Private Room (15%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (22.3%)
Moderate (62.9%)
Strict (14.6%)
Super Strict (0.2%)
Listings by Minimum Stay
1 Night (0.2%)
2 Nights (29.3%)
3 Nights (10.1%)
4-6 Nights (4.3%)
7-29 Nights (5.3%)
30+ Nights (50.9%)
What amenities do listings have?
Internet
99%
Aircon
98%
Wireless Internet
97%
Heating
90%
Kitchen
90%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Landing, Inc. | 53 | 0.9% | 17 | 3.94 |
Utopia VRM | 34 | 0.3% | 1118 | 4.88 |
Libertie LLC | 27 | 0.0% | 8059 | 4.87 |
RVA Home Stays | 21 | 0.2% | 4173 | 4.90 |
Evolve | 13 | -0.1% | 141 | 4.76 |
Occupancy
Occupancy Rate
56%
+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
$1,621,338
+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)
$56
+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
$56
-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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