Philadelphia, PA · Occupancy & ADR
Philadelphia occupancy rate and average daily rate
A well-run Philadelphia short-term rental models at 63% occupancy — about 230 booked nights a year — at an average daily rate of $198. That works out to $125 of revenue per available night.
Occupancy
63%
230 nights booked
Average daily rate
$198
Revenue per available night
$125
ADR × occupancy
Typical stay length
2.6 nights
≈ 88 turnovers a year
Rate versus nights booked
In Philadelphia the two levers move against each other. Modelled outcomes at three pricing positions:
| Pricing position | Nightly rate | Occupancy | Nights | Gross revenue |
|---|---|---|---|---|
| Price 10% under the market | $178 | 71% | 258 | $45,843 |
| Market pricing | $198 | 63% | 230 | $45,530 |
| Price 10% over the market | $218 | 55% | 202 | $44,114 |
The trade-off uses a modelled price elasticity: a 10% price move shifts occupancy by roughly 12% in the opposite direction. Real elasticity varies by property and by season — treat this as a way to frame the decision, not a forecast.
Occupancy by month
| Month | Modelled occupancy | Modelled ADR |
|---|---|---|
| Jan | 55% | $180 |
| Feb | 58% | $186 |
| Mar | 66% | $204 |
| Apr | 68% | $210 |
| May | 68% | $210 |
| Jun | 68% | $210 |
| Jul | 63% | $198 |
| Aug | 60% | $192 |
| Sep | 66% | $204 |
| Oct | 68% | $210 |
| Nov | 60% | $192 |
| Dec | 55% | $180 |
Compare Philadelphia with nearby markets
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