Click Here To Go Back To Indiegogo CrowdFunding Page

While specific data on the prevalence of multiple Airbnb units within a single property in New Mexico is limited, the state’s short-term rental market has shown notable growth, with several key metrics highlighting its performance:

Albuquerque:

Total Listings: Approximately 3,817 active short-term rental listings.

Occupancy Rate: 53%, reflecting a 5% increase over the past year.

Average Daily Rate (ADR): $176, marking a 3% rise year-over-year.

Annual Revenue per Available Rental (RevPAR): $13,800, indicating a 3% growth from the previous year.

Property Managers: The largest property managers, such as Evolve and PiruManors, manage 46 and 30 listings respectively, suggesting a trend toward professional management of multiple units.

Santa Fe:

Total Listings: Around 2,912 active short-term rental listings.

Occupancy Rate: 59%, showing a 5% increase over the past year.

Average Daily Rate (ADR): $296, up by 3% year-over-year.

Annual Revenue per Available Rental (RevPAR): $37,800, reflecting a 3% growth from the previous year.

Property Managers: Leading property managers like Two Casitas Santa Fe Vacation Rentals and Kokopelli Property Management oversee 108 and 83 listings respectively, indicating a significant presence of hosts managing multiple units.

Las Cruces:

Total Listings: Approximately 807 active short-term rental listings.

Occupancy Rate: 53%, with a 5% increase over the past year.

Average Daily Rate (ADR): Data not specified.

Annual Revenue per Available Rental (RevPAR): Data not specified.

Property Managers: Evolve manages 22 listings in this area, suggesting the presence of multi-unit management.

These figures suggest a growing trend toward professional management of multiple Airbnb units within New Mexico’s key markets. The increasing involvement of property management companies overseeing numerous listings indicates a shift toward more organized and scalable short-term rental operations in the state.