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AirDNA Data: US Minnesota Hibbing

How is Hibbing performing?

96

Great
Market Score

96

Investability

51

Rental Demand

80

Revenue Growth

33

Seasonality

51

Regulation

Annual Revenue

$14.6K

+3%

past year

Occupancy Rate

49%

+4%

past year

Average Daily Rate

$155

+3%

past year

Revenue per Available Rental (RevPAR)

$76.3

+6%

past year

Hibbing Performance Details

Total available listings

42

+3%

past year

Listings by rental channel

Channel

Airbnb (64%)

Vrbo (17%)

Both (19%)

Listings by rental size

Bedrooms

1 Bedroom (21%)

2 Bedroom (38%)

3 Bedroom (31%)

4 Bedroom (10%)

5+ Bedroom (0%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (17%)

91-180 nights (31%)

181-270 nights (19%)

271-365 nights (33%)

Listings by rental type

Type

Entire Home (95%)

Private Room (5%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (40.5%)

Moderate (47.6%)

Strict (11.9%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (33.3%)

3 Nights (9.5%)

4-6 Nights (2.4%)

7-29 Nights (0.0%)

30+ Nights (54.8%)

What amenities do listings have?

Kitchen

100%

Internet

100%

Wireless Internet

100%

Heating

95%

Parking

83%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
11.0%12
5.00

Occupancy

Occupancy Rate

49%

+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

$1,463,302

+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)

$49

+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

$49

-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

+1 (720)372-2318

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Spain

+34 932 205569

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