This article includes
- Quick Facts on the Market Report
- Calculations for each property
- Property Features & Monthly Cashflow Calculations
- Occupancy & Nightly Rate Calculations
- Amenities & Property Revenue Calculations
Quick Facts
- Rankbreeze pulls in the results of your Airbnb search to give you insight into that area.
- The Total number of listings in the report is limited by Airbnb's maximum display of 15 pages, even if Airbnb says there are more than 1,000 places.
- The report estimates future Airbnb bookings and availability for the property, based on its current calendar.
- The report is based on the "active listings" in the report. - https://share.zight.com/kpuezDx9
- We automatically remove some bad-quality listings (e.g. listings with 0 reviews) from the list of active listings to produce better data.
- You can manage your "active listings" by adding or removing properties using the "Customize Listings" button.
- When you turn on the "Recurring weekly report", we'll update the data for only the listings already in the report every week.
Listing Calculations
- Average Monthly Revenue (Monthly Rev): Calculated as a 3-month average (current & next 2 months) unless any month records a zero value. For months with values, the calculation takes the sum of those months' revenues divided by the number of non-zero months. It's based on the occupancy rate and the average daily rate from the property we then calculate the revenue.
- Average Occupancy Rate (Occ Rate): Similar to revenue, the occupancy rate is the 3-month average, discounting any months with zero values. The calculation averages the occupancy rates of the remaining months.
- Average Nightly Rate (Nightly Rate): This is a 3-month average (current & next 2 months) of the monthly average night rate. We also exclude months with zero values.
This gives insight on the 3-month average (current & next 2 months) of the Revenue, Occupancy & Nightly Rate for properties in the area.
Property Features & Monthly Cashflow Calculations
- Property Feature Averages:
- Average Cleaning Fee (Cleaning Fee): This is calculated by adding up the cleaning fees for all the active listings, then divide by the total number of listings. We exclude listings that don't have cleaning fees.
- Weekly discount (average): We get the sum of weekly discount % for the active listings and divide by the total number of active listings. We exclude listings that don't offer weekly discounts.
- Monthly discount (average): We get the sum of monthly discount % for the active listings and divide by the total number of active listings. We exclude listings that don't offer monthly discounts.
- Revenue: This is calculated by getting the sum of the "Average Monthly Revenue" for all the listings that fall into the group and dividing it by the total number of listings in that category. We include listings with an average monthly revenue of zero as well.
- Listings: This is total number of active listings that fall in that category. For example, in the image above, a total of 74 listings have a 2-night minimum stay requirement. We include listings with an average monthly revenue of zero in the count.
* For the Minimum Nights tab, when a listing has different minimum night stay settings, we use the largest minimum night stay for the next 60 days to determine where the property is placed within the chart.
This gives insight on how much revenue properties in the market make based on "Maximum Guests", "Bedroom", "Bathrooms" and Minimum Nights".
Occupancy & Nightly Rate Calculations
- Occupancy Rate Chart - For each month, we add up the Occupancy Rate of all the active listings for that month and divide by the total number of active listings. We include listings with zero occupancy.
- Nightly Rate Chart - For each month, we add up the average nightly rates of all the active listings for that month and divide by the total number of active listings. We include listings with zero occupancy.
This gives insight on what the average Occupancy & Nightly Rate for the current month & the next 11 months.
Amenities & Property Revenue Calculations
The property revenue for each amenity is determined by calculating the average of the average revenue for each listing that includes that amenity. We take into account zeros as well.
This gives insight on how much revenue was attributed to each amenity in that area.
FAQs
Q: How often is the data updated?
A: When you turn on the "Weekly Recurring Report" switch data for the listings in your report will be updated every week on the same day the feature was enabled.
Q: I created a report for the wrong area, can I change it?
A: To change the area, you will need to delete the current report and create a new one for the correct location.