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

Short Term Rental Statistics

West Hollywood, CA (October 2014- October 2016)

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

200233

283 276 255281 274

328297 312 310 315 305

332369 365

319 307 319 342 354 364 375405 428

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"

56 5771

8172 78 73

8879

8678

86 85 88100 96 97

8169

84 90100 102

116 122


Private Room Rentals




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

during each month

4 4

78

910

9

12

9

5 5

3

5 54

2 21

3 34

56

7 7


Shared Room Rentals




138 148

181 185168 159

170 165182

231 227

175 183 177

226 230215 206

224213

235254 258

279 275


Entire Home Rentals




3734

41

49

4144

4144 45 45

5047

5449

61 60 62 6057

64 6670

74

85 84


Private Room Rentals




2 2 2 2

3

4

2

6

5

1

2

1 1

0

1

0 0

1 1

2

1

3 3

4

3


Shared Room Rentals




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.

37

70

39

84

49

09

48

91

38

57

41

93

42

19

41

13

44

29

53

93

53

26

44

40

46

34

43

66

56

71

56

31 51

34

51

30

54

82

55

14

60

29

64

41

65

96

71

65

75

52


Available




20

27

21

40

23

32

27

42

25

01

23

91

22

09

22

59

25

83

36

68

35

64

19

84

25

38 22

54

23

48

29

07

31

51

30

82

31

54

28

98

33

71

40

37

39

90 36

71

37

75


Booked




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

each listing.

60

02

64

21

82

52

79

24 6

15

6

64

00

68

33

61

86

66

81

80

86

80

89 69

19

71

16

68

53

92

65

95

24 83

12

87

35

98

58

10

39

9

11

14

1

11

72

8

12

03

1

13

13

3

13

99

1


Available




31

00

32

22

35

83

40

08

37

43

34

28

33

93

32

13

36

10

53

26

52

12

27

62

35

39

33

37

34

51

43

67

47

55

46

78

52

06

47

65

57

54

68

02

68

64 5

97

9

60

30


Booked




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.

23

07

24

62

29

40

30

06

23

60

27

36

25

46

26

36

29

01

34

91

35

17

27

32

30

07

29

10

34

25

33

12

32

52

30

55

31

30

30

21

32

06

35

46

36

89

40

13

41

86


Available




13

18

14

23

14

98

18

62 16

47

16

69 1

41

4

15

54

18

51

24

65

24

02

14

00

18

07 15

79

16

16

19

34

20

98

20

06

19

54

18

12

20

11

24

19

24

33

23

53

24

09


Booked




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

Available Listing Nights.

53

.80

%

53

.70

%

47

.50

%

56

.10

%

64

.80

%

57

.00

%

52

.40

%

54

.90

%

58

.30

%

68

.00

%

66

.90

%

44

.70

%

54

.80

%

51

.60

% 41

.40

%

51

.60

%

61

.40

%

60

.10

%

57

.50

%

52

.60

%

55

.90

%

62

.70

%

60

.50

% 51

.20

%

50

.00

%


Entire Place Rental




57

.10

%

57

.80

%

51

.00

%

61

.90

%

69

.80

% 61

.00

%

55

.50

%

59

.00

%

63

.80

%

70

.60

%

68

.30

%

51

.20

%

60

.10

%

54

.30

%

47

.20

%

58

.40

%

64

.50

%

65

.70

%

62

.40

%

60

.00

%

62

.70

%

68

.20

%

66

.00

%

58

.60

%

57

.50

%


Hotel Comparable




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

$2

28

.87

$2

10

.81

$2

30

.51

$2

13

.02

$2

18

.89

$2

16

.98

$2

39

.58

$2

22

.54

$2

12

.96

$2

30

.65

$2

31

.78

$2

11

.68

$2

25

.24

$2

41

.02

$2

53

.04

$2

49

.86

$2

50

.66

$2

56

.34

$2

94

.74

$2

98

.15

$3

18

.25

$3

30

.08

$3

36

.08

$2

94

.11

$2

54

.91


Entire Place Rental




$1

47

.38

$1

36

.99

$1

39

.27

$1

34

.35

$1

38

.29

$1

40

.63

$1

46

.92

$1

44

.92

$1

53

.04

$1

50

.87

$1

50

.56

$1

47

.78

$1

47

.23

$1

49

.91

$1

45

.01

$1

49

.10

$1

54

.45

$1

50

.44

$1

57

.48

$1

63

.18

$1

61

.23

$1

63

.89

$1

66

.22

$1

58

.37

$1

59

.37


Hotel Comparable




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

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

$1

23

.05

$1

13

.24

$1

09

.50

$1

19

.42

$1

41

.93

$1

23

.73

$1

25

.44

$1

22

.22

$1

24

.20

$1

56

.87

$1

55

.10

$9

4.5

9

$1

23

.36

$1

24

.43

$1

04

.77

$1

28

.99

$1

53

.84

$1

54

.01

$1

69

.57

$1

56

.70

$1

77

.94

$2

06

.89

$2

03

.30

$1

50

.69

$1

27

.42


Entire Place Rental




$8

4.2

0

$7

9.1

8

$7

0.9

6

$8

3.2

2

$9

6.5

1

$8

5.7

9

$8

1.6

0

$8

5.4

4

$9

7.6

5

$1

06

.53

$1

02

.83

$7

5.7

3

$8

8.4

7

$8

1.3

4

$6

8.4

2

$8

7.0

7

$9

9.6

4

$9

8.7

9

$9

8.3

1

$9

7.8

8

$1

01

.14

$1

11

.80

$1

09

.62

$9

2.8

6

$9

1.7

2


Hotel Comparable




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

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