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AirDNA Data: CA Alberta Spruce Grove

How is Spruce Grove performing?

16

Bad
Market Score

58

Rental Demand

5

Revenue Growth

30

Seasonality

26

Regulation

Annual Revenue

$3.9K

+3%

past year

Occupancy Rate

50%

+4%

past year

Average Daily Rate

$99.4

+3%

past year

Revenue per Available Rental (RevPAR)

$48.7

+6%

past year

Spruce Grove Performance Details

Total available listings

35

+3%

past year

Listings by rental channel

Channel

Airbnb (83%)

Vrbo (6%)

Both (11%)

Listings by rental size

Bedrooms

1 Bedroom (37%)

2 Bedroom (11%)

3 Bedroom (46%)

4 Bedroom (6%)

5+ Bedroom (0%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (74%)

91-180 nights (17%)

181-270 nights (9%)

271-365 nights (0%)

Listings by rental type

Type

Entire Home (69%)

Private Room (29%)

Shared Room (3%)

Listings by Cancellation Policy

Flexible (28.6%)

Moderate (48.6%)

Strict (22.9%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (31.4%)

3 Nights (17.1%)

4-6 Nights (2.9%)

7-29 Nights (11.4%)

30+ Nights (37.1%)

What amenities do listings have?

Wireless Internet

94%

Internet

94%

Kitchen

91%

Washer

89%

Parking

86%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
PEAR Properties
10.0%13
4.90

Occupancy

Occupancy Rate

50%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$385,206

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$50

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$50

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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