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AirDNA Data: ZA Free State Bloemfontein

How is Bloemfontein performing?

94

Great
Market Score

27

Rental Demand

33

Revenue Growth

95

Seasonality

56

Regulation

Annual Revenue

$3K

+3%

past year

Occupancy Rate

39%

+4%

past year

Average Daily Rate

$41.8

+3%

past year

Revenue per Available Rental (RevPAR)

$17

+6%

past year

Bloemfontein Performance Details

Total available listings

947

+3%

past year

Listings by rental channel

Channel

Airbnb (98%)

Vrbo (1%)

Both (1%)

Listings by rental size

Bedrooms

1 Bedroom (75%)

2 Bedroom (15%)

3 Bedroom (4%)

4 Bedroom (2%)

5+ Bedroom (4%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (34%)

91-180 nights (17%)

181-270 nights (17%)

271-365 nights (32%)

Listings by rental type

Type

Entire Home (47%)

Private Room (53%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (51.3%)

Moderate (33.3%)

Strict (15.3%)

Super Strict (0.1%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (2.7%)

3 Nights (0.5%)

4-6 Nights (0.3%)

7-29 Nights (1.0%)

30+ Nights (95.5%)

What amenities do listings have?

Internet

94%

Wireless Internet

93%

Parking

89%

Tv

82%

Aircon

61%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

39%

+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

$304,314

+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)

$39

+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

$39

-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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