What is Nightly Rate
Nightly Rate Definition, Formula
Marissa
Last Update 5 months ago
This shows the average booked nightly rate of Airbnb listings in the market.
- Includes service fees (host + guest) & discounts
- Excludes extra guest fees, cleaning fees, pet fees, taxes (VAT/local, etc)
Listings unavailable for booking for 90 or more days in the past 12 months, as well as listings with no booking history during this period, are excluded.
Formula:
Nightly Rate = Average Nightly Rate of booked nights over the past 12 months
How to View This Definition in the App
You can hover over the Nightly rate tooltip in the Market Overview section to view this definition instantly.
For a full explanation of this and other metrics, visit our Property Investment Analysis Terms page here: link