In AirDNA, you can find revenue performance for both individual listings and entire markets. Once we have a property's revenue performance, we add it to the overall market's revenue to find the average.
Individual short-term rental listings
Revenue figures are the sum of nightly rates plus cleaning fees minus discounts and service fees.
Revenue is calculated by multiplying the number of booked days by the average daily rate (ADR).
It is important to remember that not all short-term rental (STR) properties have year-long availability, and occupancy is calculated by looking at the number of booked available days.
Short-term rental markets
Once we have the revenue figures of all the STR listings in a market, we look at the average figures to represent overall market performance. Monthly revenue figures reflect the average revenue earned by booked listings each month. It is calculated by dividing the total revenue earned by all short-term rentals in the market during the month by the unique number of listings that received at least one booking during the month. AirDNA revenue values are the sum of nightly rates and cleaning fees minus host discounts and OTA service fees.
In the example below, the average revenue generated by a property in this market in July 2025 was $7,500.
Cleaning fees
In all historical revenue figures, we include both the nightly rate and the cleaning fee. For forward-looking figures, only the nightly rate is included. Airbnb host fees and any other additional fees are not included in our data.