short term rental statistics report pasadena (10-2014 to 10-2016)

9
Short Term Rental Statistics Pasadena, CA (October 2014- October 2016) Available Listings: Airbnb listings that were advertised for rent during each month 105 127 173 173 132 140 151 173 154 166 176 169 160 174 250 245 205 200 214 249 251 257 255 259 273 Data provided courtesy of Airdna Entire Home Rentals "Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15" "Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16" "Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16" 78 89 104 109 97 101 102 111 102 112 114 112 112 118 145 151 151 149 165 179 182 193 205 187 187 Data provided courtesy of Airdna Private Room Rentals "Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15" "Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16" "Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

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Page 1: Short Term Rental Statistics Report Pasadena (10-2014 to 10-2016)

Short Term Rental Statistics

Pasadena, CA (October 2014- October 2016)

Available Listings: Airbnb listings that were advertised for rent during each month

105127

173 173

132 140 151173

154 166 176 169 160 174

250 245

205 200 214249 251 257 255 259 273

Data provided courtesy of Airdna

Entire Home Rentals

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

78 89104 109

97 101 102 111 102 112 114 112 112 118145 151 151 149

165179 182 193

205187 187

Data provided courtesy of Airdna

Private Room Rentals

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

Page 2: Short Term Rental Statistics Report Pasadena (10-2014 to 10-2016)

Booked Listings: The count of Airbnb listings that were booked had least one day

during each month

45

7 78 8

7

10

7

9

7

910 10

1110

65

4

89

11

13 13 13

Data provided courtesy of Airdna

Shared Room Rentals

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

6777

133 128

84 82 84 91100

134 133

97114 116

201 205

157 149159

181203 209 206

178

208

Data provided courtesy of Airdna

Entire Home Rentals

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

Page 3: Short Term Rental Statistics Report Pasadena (10-2014 to 10-2016)

52 51

66 6755

46 5062

69

8994

64

8072

114 114 112105

119

132137

152

166

150138

Data provided courtesy of Airdna

Private Room Rentals

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

0 0

4

2

1 1

2 2 2

5 5

3

5

8 8 8

6

4 4

6

7

5

10

12

11

Data provided courtesy of Airdna

Shared Room Rentals

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

Page 4: Short Term Rental Statistics Report Pasadena (10-2014 to 10-2016)

Listing Nights- Entire Place: The sum of all nights that were available for rent and

were booked in the month. This only counts listings as being available if they had one

booked night in the month.

18

54

21

32

34

04

31

43

21

00

21

78

21

59

23

66

23

11

32

29

30

35 2

50

8

27

71

28

50

47

40 44

09

35

51

37

93

41

13

47

20

49

41

52

07

50

71 47

23

55

26

Data provided courtesy of Airdna

Available

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

89

7

10

81

15

06

16

02 12

86

13

20

11

50

12

16

15

02

22

24 1

87

9

12

00

13

84

14

89

19

24

21

35

22

47

22

14

24

84

28

94

32

77

37

64

31

84 2

73

4

29

89

Data provided courtesy of Airdna

Booked

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

Page 5: Short Term Rental Statistics Report Pasadena (10-2014 to 10-2016)

Room Nights - Entire Place: Listing Nights multiplied by the number of bedrooms in

each listing.

30

78

36

69

58

74

55

94

37

02

39

59

38

48

39

89

37

58

54

15

51

39 4

08

9

47

40

50

33

87

47 79

25

60

75

66

93

66

21

79

97

88

28

96

46

94

78 86

83

10

23

5

Data provided courtesy of Airdna

Available

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

14

12

17

59

26

83

27

86 22

12

22

61

19

38

19

84

24

25

37

64 31

67

19

36

22

76

24

58

34

85

35

44

36

46

35

94

37

83

46

86

55

48

70

12

56

60 4

79

9

50

98

Data provided courtesy of Airdna

Booked

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

Page 6: Short Term Rental Statistics Report Pasadena (10-2014 to 10-2016)

Hotel Comparable Listings: Studio and one bedroom entire place rentals. Airdna

believes these are the type of listings most likely to compete directly with hotels.

93

8

10

02

16

56 14

09

86

2

88

4

91

6

11

54

11

84

15

51

13

92

13

60

13

11

13

16

21

59

20

87 18

43

18

51

22

25

23

31

23

67

23

46

22

40

21

58

25

81

Data provided courtesy of Airdna

Available

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

51

5

54

1

63

2

71

7 57

2

59

0 52

9

62

9

77

6

10

47

84

4

64

7

70

7

75

9

85

3

11

34

12

48

11

52

14

65

15

16

16

75

16

81

15

76 1

37

7

15

57

Data provided courtesy of Airdna

Booked

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

Page 7: Short Term Rental Statistics Report Pasadena (10-2014 to 10-2016)

Occupancy Percentage: Number of Booked Listing Nights divided by Number of

Available Listing Nights.

48

.40

%

50

.70

%

44

.20

%

51

.00

%

61

.20

%

60

.60

%

53

.30

%

51

.40

%

65

.00

%

68

.90

%

61

.90

%

47

.80

%

49

.90

%

52

.20

% 40

.60

%

48

.40

%

63

.30

%

58

.40

%

60

.40

%

61

.30

%

66

.30

%

72

.30

% 62

.80

%

57

.90

%

54

.10

%

Data provided courtesy of Airdna

Entire Place Rental

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

54

.90

%

54

.00

%

38

.20

%

50

.90

%

66

.40

%

66

.70

% 57

.80

%

54

.50

%

65

.50

%

67

.50

%

60

.60

%

47

.60

%

53

.90

%

57

.70

%

39

.50

%

54

.30

%

67

.70

%

62

.20

%

65

.80

%

65

.00

%

70

.80

%

71

.70

%

70

.40

%

63

.80

%

60

.30

%

Data provided courtesy of Airdna

Hotel Comparable

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

Page 8: Short Term Rental Statistics Report Pasadena (10-2014 to 10-2016)

Average Daily Rate (ADR): The average daily rate charged per booked entire place

listing. ADR includes cleaning fees but no other Airbnb service fees or taxes

$1

67

.34

$1

77

.10

$1

97

.89

$1

95

.65

$1

62

.33

$1

67

.80

$1

71

.92

$1

73

.19

$1

71

.92

$1

87

.93

$1

77

.36

$1

71

.79

$1

74

.05

$1

88

.17

$2

17

.48

$1

92

.79

$1

76

.21

$1

72

.65

$1

65

.80

$1

71

.67

$1

85

.84

$1

98

.39

$1

83

.25

$1

73

.74

$1

77

.02

Data provided courtesy of Airdna

Entire Place Rental

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

$1

23

.59

$1

28

.36

$1

39

.98

$1

57

.10

$1

14

.31

$1

34

.19

$1

24

.68

$1

21

.13

$1

33

.98

$1

28

.30

$1

32

.48

$1

34

.73

$1

23

.61

$1

27

.33

$1

51

.81

$1

45

.28

$1

29

.14

$1

21

.80

$1

22

.74

$1

27

.14

$1

24

.64

$1

24

.56

$1

21

.73

$1

20

.94

$1

25

.21

Data provided courtesy of Airdna

Hotel Comparable

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

Page 9: Short Term Rental Statistics Report Pasadena (10-2014 to 10-2016)

Revenue Per Available Room (RevPAR): RevPAR = Entire Place ADR x Occupancy.

Differing from the hotel industry, we consider entire place listings as a "room"

$8

0.9

6

$8

9.8

0

$8

7.5

5

$9

9.7

2

$9

9.4

1

$1

01

.70

$9

1.5

7

$8

9.0

1

$1

11

.74

$1

29

.44

$1

09

.81

$8

2.2

0

$8

6.9

3

$9

8.3

1

$8

8.2

8

$9

3.3

6

$1

11

.50

$1

00

.78

$1

00

.13

$1

05

.26

$1

23

.25

$1

43

.41

$1

15

.06

$1

00

.57

$9

5.7

5

Data provided courtesy of Airdna

Entire Place Rental

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"

$6

7.8

6

$6

9.3

1 $5

3.4

2

$7

9.9

4

$7

5.8

5

$8

9.5

6 $

72

.00

$6

6.0

2

$8

7.8

1

$8

6.6

1

$8

0.3

2 $

64

.09

$6

6.6

6

$7

3.4

4 $5

9.9

8

$7

8.9

4

$8

7.4

5

$7

5.8

1

$8

0.8

1

$8

2.6

9

$8

8.2

0

$8

9.2

5

$8

5.6

5

$7

7.1

7

$7

5.5

3

Data provided courtesy of Airdna

Hotel Comparable

"Oct-14" "Nov-14" "Dec-14" "Jan-15" "Feb-15" "Mar-15" "Apr-15" "May-15" "Jun-15"

"Jul-15" "Aug-15" "Sep-15" "Oct-15" "Nov-15" "Dec-15" "Jan-16" "Feb-16" "Mar-16"

"Apr-16" "May-16" "Jun-16" "Jul-16" "Aug-16" "Sep-16" "Oct-16"