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AirDNA Data: US Washington Langley

How is Langley performing?

43

Okay
Market Score

31

Investability

48

Rental Demand

49

Revenue Growth

28

Seasonality

58

Regulation

Annual Revenue

$34.4K

+3%

past year

Occupancy Rate

54%

+4%

past year

Average Daily Rate

$282.5

+3%

past year

Revenue per Available Rental (RevPAR)

$148.9

+6%

past year

Langley Performance Details

Total available listings

233

+3%

past year

Listings by rental channel

Channel

Airbnb (44%)

Vrbo (20%)

Both (36%)

Listings by rental size

Bedrooms

1 Bedroom (36%)

2 Bedroom (27%)

3 Bedroom (18%)

4 Bedroom (11%)

5+ Bedroom (7%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (20%)

91-180 nights (15%)

181-270 nights (22%)

271-365 nights (43%)

Listings by rental type

Type

Entire Home (94%)

Private Room (6%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (8.2%)

Moderate (69.5%)

Strict (15.5%)

Super Strict (6.9%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (71.7%)

3 Nights (12.0%)

4-6 Nights (3.9%)

7-29 Nights (3.0%)

30+ Nights (9.4%)

What amenities do listings have?

Internet

99%

Parking

97%

Wireless Internet

93%

Kitchen

90%

Heating

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
AvantStay
170.1%829
4.84
Vacasa
14-0.3%541
4.65
Evolve
50.3%133
4.76
Betterstay LLC
10.0%74
4.90

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

$3,444,331

+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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