How is Grand Rapids performing?
51
Okay
76
Investability
39
Rental Demand
27
Revenue Growth
30
Seasonality
53
Regulation
Annual Revenue
$21.2K
+3%
past year
Occupancy Rate
48%
+4%
past year
Average Daily Rate
$242.9
+3%
past year
Revenue per Available Rental (RevPAR)
$117.5
+6%
past year
Grand Rapids Performance Details
Total available listings
105
+3%
past year
Listings by rental channel
Airbnb (42%)
Vrbo (24%)
Both (34%)
Listings by rental size
1 Bedroom (25%)
2 Bedroom (30%)
3 Bedroom (31%)
4 Bedroom (9%)
5+ Bedroom (6%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (20%)
91-180 nights (38%)
181-270 nights (20%)
271-365 nights (22%)
Listings by rental type
Entire Home (90%)
Private Room (10%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (16.5%)
Moderate (61.2%)
Strict (20.4%)
Super Strict (1.9%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (37.1%)
3 Nights (17.1%)
4-6 Nights (9.5%)
7-29 Nights (3.8%)
30+ Nights (32.4%)
What amenities do listings have?
Parking
95%
Internet
93%
Wireless Internet
93%
Kitchen
91%
Heating
91%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 3 | -0.3% | 46 | 4.84 |
Grand Rapids BnB | 1 | 0.0% | 73 | 5.00 |
Occupancy
Occupancy Rate
48%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$2,119,290
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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)
Register to see moreBest Month
Register to see moreWhat 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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