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

Short Term Rental Statistics

Culver City, CA (October 2014- October 2016)

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

52 5469 62 59

67 68 6573

81 88 88 90 91

111 105 102 103115 120

139 136 129121

112

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"

41 4553 49

4350 46

6369 73

58 61 61 6070

75 72 73 7583

88 85 8793 93


Private Room Rentals




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

during each month

1 1 1

2 2 2

0

1

0

1

2

1

2 2

3 3

4

5

4

2

1 1

5 5

6


Shared Room Rentals




37 3648

42 3845 45 45

51

6571

6173 70

82 83 8290

96 99

120 124118

10195


Entire Home Rentals




2623

29 29 2731

27 29

45

53

47

4043

3539

49 50

5752

57

71

6469 68 68


Private Room Rentals




1 1 1

2 2 2

0 0 0

1 1 1 1

2

3 3 3 3

2

1 1 1

3

2

4


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.

88

3

88

3

12

91

11

06 9

02

11

45

10

90

11

64

12

02

14

74

16

28

15

04

17

79

17

19

20

28

20

00

18

65

22

19

23

24

26

06

29

36

29

29

30

03

24

84

24

73


Available




54

8

56

4

71

4

65

2

67

1

79

5 66

2

75

7

84

7

11

67

12

12

85

0

11

10

11

38

11

74

12

44

13

84

16

53

15

64

17

05

21

28

21

99

23

25

17

25

16

25


Booked




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

each listing.

12

66

12

01

19

37

16

51 11

91

16

58

15

44

16

53

16

33

21

44

23

82

20

52

25

07

25

11

29

28

29

37

26

34

31

98

35

34

38

09

45

79

47

69

48

26

39

14

39

12


Available




71

5

73

2

10

28 89

6

86

3

10

92 8

66

10

17

11

70

17

22

17

37

11

00

15

00

15

78

16

27

17

90

19

15

23

21

23

30

24

08

33

56

35

96

36

44

26

04

24

17


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.

60

9

67

0

82

7 72

3

66

4

75

6

72

8

75

4

86

4

99

2

11

04

10

84

12

63 11

29

14

08

13

75

13

50

15

50

14

95

17

38

18

37 17

09

18

24

15

59

14

69


Available




42

9

44

9

48

7

46

1

51

6

57

1 48

3

52

4

57

9

76

1

81

9

64

1

81

4

81

3

84

3

85

7

10

05

11

60

99

5

11

57

12

74

12

45

14

52

10

94

10

07


Booked




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

Available Listing Nights.

62

.10

%

63

.90

%

55

.30

%

59

.00

%

74

.40

%

69

.40

%

60

.70

%

65

.00

%

70

.50

%

79

.20

%

74

.40

%

56

.50

%

62

.40

%

66

.20

%

57

.90

%

62

.20

%

74

.20

%

74

.50

%

67

.30

%

65

.40

%

72

.50

%

75

.10

%

77

.40

%

69

.40

%

65

.70

%


Entire Place Rental




70

.40

%

67

.00

%

58

.90

%

63

.80

%

77

.70

%

75

.50

%

66

.30

%

69

.50

%

67

.00

%

76

.70

%

74

.20

%

59

.10

%

64

.40

%

72

.00

% 59

.90

%

62

.30

%

74

.40

%

74

.80

%

66

.60

%

66

.60

%

69

.40

%

72

.80

%

79

.60

% 70

.20

%

68

.60

%


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

$1

34

.20

$1

28

.03

$1

37

.72

$1

32

.16

$1

25

.03

$1

36

.63

$1

35

.27

$1

41

.27

$1

58

.06

$1

65

.16

$1

57

.93

$1

37

.75

$1

42

.88

$1

37

.59

$1

42

.86

$1

37

.68

$1

33

.30

$1

38

.23

$1

45

.58

$1

38

.22

$1

57

.44

$1

63

.23

$1

54

.32

$1

49

.30

$1

47

.98


Entire Place Rental




$1

11

.08

$1

06

.16

$1

02

.29

$1

01

.60

$1

06

.76

$1

13

.95

$1

14

.41

$1

17

.87

$1

34

.96

$1

25

.11

$1

28

.94

$1

24

.54

$1

18

.14

$1

13

.88

$1

13

.23

$1

11

.51

$1

11

.35

$1

14

.77

$1

16

.72

$1

17

.54

$1

18

.92

$1

22

.41

$1

19

.05

$1

18

.24

$1

19

.43


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"

$8

3.2

8

$8

1.7

7

$7

6.1

7

$7

7.9

1

$9

3.0

1

$9

4.8

6

$8

2.1

5

$9

1.8

8

$1

11

.38

$1

30

.76

$1

17

.58

$7

7.8

5

$8

9.1

5

$9

1.0

9

$8

2.7

0

$8

5.6

4

$9

8.9

2

$1

02

.97

$9

7.9

7

$9

0.4

3

$1

14

.11

$1

22

.55

$1

19

.48

$1

03

.68

$9

7.2

3


Entire Place Rental




$7

8.2

5

$7

1.1

4

$6

0.2

4

$6

4.7

8

$8

2.9

6

$8

6.0

7

$7

5.9

1

$8

1.9

2

$9

0.4

4

$9

5.9

8

$9

5.6

5 $

73

.64

$7

6.1

4

$8

2.0

0

$6

7.7

9

$6

9.5

0

$8

2.9

0

$8

5.8

9

$7

7.6

8

$7

8.2

5

$8

2.4

8

$8

9.1

8

$9

4.7

7

$8

2.9

7

$8

1.8

7


Hotel Comparable




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

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