Short Term Rental Statistics Report Culver City (10-2014 to 10-2016)

1. Short Term Rental Statistics
Culver City, CA (October 2014- October 2016)
Available Listings: Airbnb listings that were advertised for rent during each month
52 54
69 62 59
67 68 65
73
81 88 88 90 91
111 105 102 103
115 120
139 136 129
121
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 45
53 49
43
50 46
63
69 73
58 61 61 60
70
75 72 73 75
83
88 85 87
93 93
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"

2. 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
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"
37 36
48
42 38
45 45 45
51
65
71
61
73 70
82 83 82
90
96 99
120 124
118
101
95
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"

3. 26
23
29 29 27
31
27 29
45
53
47
40
43
35
39
49 50
57
52
57
71
64
69 68 68
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"
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
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"

4. 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.
883
883
1291
1106
902
1145
1090
1164
1202
1474
1628
1504
1779
1719
2028
2000
1865
2219
2324
2606
2936
2929
3003
2484
2473
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"
548
564
714
652
671
795
662
757
847
1167
1212
850
1110
1138
1174
1244
1384
1653
1564
1705
2128
2199
2325
1725
1625
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"

5. Room Nights - Entire Place: Listing Nights multiplied by the number of bedrooms in
each listing.
1266
1201
1937
1651
1191
1658
1544
1653
1633
2144
2382
2052
2507
2511
2928
2937
2634
3198
3534
3809
4579
4769
4826
3914
3912
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"
715
732
1028
896
863
1092
866
1017
1170
1722
1737
1100
1500
1578
1627
1790
1915
2321
2330
2408
3356
3596
3644
2604
2417
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"

6. 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.609
670
827
723
664
756
728
754
864
992
1104
1084
1263
1129
1408
1375
1350
1550
1495
1738
1837
1709
1824
1559
1469
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"
429
449
487
461
516
571
483
524
579
761
819
641
814
813
843
857
1005
1160
995
1157
1274
1245
1452
1094
1007
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"

7. 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%
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"
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%
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"

8. 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$134.20
$128.03
$137.72
$132.16
$125.03
$136.63
$135.27
$141.27
$158.06
$165.16
$157.93
$137.75
$142.88
$137.59
$142.86
$137.68
$133.30
$138.23
$145.58
$138.22
$157.44
$163.23
$154.32
$149.30
$147.98
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"
$111.08
$106.16
$102.29
$101.60
$106.76
$113.95
$114.41
$117.87
$134.96
$125.11
$128.94
$124.54
$118.14
$113.88
$113.23
$111.51
$111.35
$114.77
$116.72
$117.54
$118.92
$122.41
$119.05
$118.24
$119.43
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"

9. Revenue Per Available Room (RevPAR): RevPAR = Entire Place ADR x Occupancy.
Differing from the hotel industry, we consider entire place listings as a "room"$83.28
$81.77
$76.17
$77.91
$93.01
$94.86
$82.15
$91.88
$111.38
$130.76
$117.58
$77.85
$89.15
$91.09
$82.70
$85.64
$98.92
$102.97
$97.97
$90.43
$114.11
$122.55
$119.48
$103.68
$97.23
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"
$78.25
$71.14
$60.24
$64.78
$82.96
$86.07
$75.91
$81.92
$90.44
$95.98
$95.65
$73.64
$76.14
$82.00
$67.79
$69.50
$82.90
$85.89
$77.68
$78.25
$82.48
$89.18
$94.77
$82.97
$81.87
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"