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AirDNA Data: US Illinois River Forest

How is River Forest performing?

13

Bad
Market Score

14

Investability

96

Rental Demand

6

Revenue Growth

8

Seasonality

42

Regulation

Annual Revenue

$11.9K

+3%

past year

Occupancy Rate

76%

+4%

past year

Average Daily Rate

$164.6

+3%

past year

Revenue per Available Rental (RevPAR)

$114.9

+6%

past year

River Forest Performance Details

Total available listings

16

+3%

past year

Listings by rental channel

Channel

Airbnb (81%)

Vrbo (6%)

Both (13%)

Listings by rental size

Bedrooms

1 Bedroom (25%)

2 Bedroom (63%)

3 Bedroom (6%)

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 (44%)

91-180 nights (31%)

181-270 nights (13%)

271-365 nights (13%)

Listings by rental type

Type

Entire Home (81%)

Private Room (19%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (0.0%)

Moderate (68.8%)

Strict (31.3%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (31.3%)

3 Nights (6.3%)

4-6 Nights (12.5%)

7-29 Nights (12.5%)

30+ Nights (37.5%)

What amenities do listings have?

Kitchen

100%

Aircon

100%

Wireless Internet

100%

Parking

100%

Internet

100%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Madison Elgin Lodging Company
50.3%9
4.89

Occupancy

Occupancy Rate

76%

+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

$1,194,244

+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)

$76

+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

$76

-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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