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AirDNA Data: US Iowa Spirit Lake

How is Spirit Lake performing?

21

Bad
Market Score

76

Investability

31

Rental Demand

34

Revenue Growth

9

Seasonality

33

Regulation

Annual Revenue

$24.9K

+3%

past year

Occupancy Rate

48%

+4%

past year

Average Daily Rate

$363.6

+3%

past year

Revenue per Available Rental (RevPAR)

$170

+6%

past year

Spirit Lake Performance Details

Total available listings

262

+3%

past year

Listings by rental channel

Channel

Airbnb (44%)

Vrbo (26%)

Both (29%)

Listings by rental size

Bedrooms

1 Bedroom (17%)

2 Bedroom (16%)

3 Bedroom (33%)

4 Bedroom (26%)

5+ Bedroom (8%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (29%)

91-180 nights (39%)

181-270 nights (23%)

271-365 nights (10%)

Listings by rental type

Type

Entire Home (98%)

Private Room (2%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (6.2%)

Moderate (64.2%)

Strict (16.9%)

Super Strict (12.7%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (42.7%)

3 Nights (29.0%)

4-6 Nights (10.3%)

7-29 Nights (6.1%)

30+ Nights (11.8%)

What amenities do listings have?

Aircon

93%

Parking

91%

Internet

90%

Kitchen

90%

Wireless Internet

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Okoboji Vacation Co.
270.0%125
4.72
Lutheran Lakeside
210.1%260
4.81
Just Go Away Travel LLC
50.3%8
4.01
Evolve
30.5%15
4.67

Occupancy

Occupancy Rate

48%

+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

$2,491,798

+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)

$48

+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

$48

-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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