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AirDNA Data: US California Rancho Mirage

How is Rancho Mirage performing?

4

Bad
Market Score

22

Investability

36

Rental Demand

9

Revenue Growth

36

Seasonality

28

Regulation

Annual Revenue

$13.8K

+3%

past year

Occupancy Rate

56%

+4%

past year

Average Daily Rate

$435.1

+3%

past year

Revenue per Available Rental (RevPAR)

$231.8

+6%

past year

Rancho Mirage Performance Details

Total available listings

816

+3%

past year

Listings by rental channel

Channel

Airbnb (27%)

Vrbo (35%)

Both (38%)

Listings by rental size

Bedrooms

1 Bedroom (28%)

2 Bedroom (26%)

3 Bedroom (29%)

4 Bedroom (12%)

5+ Bedroom (5%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (75%)

91-180 nights (20%)

181-270 nights (5%)

271-365 nights (0%)

Listings by rental type

Type

Entire Home (94%)

Private Room (6%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (3.6%)

Moderate (77.4%)

Strict (18.0%)

Super Strict (1.0%)

Listings by Minimum Stay

1 Night (0.5%)

2 Nights (10.7%)

3 Nights (7.8%)

4-6 Nights (6.5%)

7-29 Nights (43.9%)

30+ Nights (30.6%)

What amenities do listings have?

Aircon

98%

Internet

98%

Washer

97%

Kitchen

92%

Dryer

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
20-0.1%67
4.58
Desert Luxury Estates
200.0%15
4.93
Timeshare - David
160.0%42
4.98
Palm Desert Vacation
140.4%18
5.00
Evolve
110.0%14
4.85

Occupancy

Occupancy Rate

56%

+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

$1,376,898

+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)

$56

+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

$56

-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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USA

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Spain

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