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AirDNA Data: US Minnesota Nevis

How is Nevis performing?

58

Okay
Market Score

68

Investability

40

Rental Demand

64

Revenue Growth

23

Seasonality

38

Regulation

Annual Revenue

$20K

+3%

past year

Occupancy Rate

52%

+4%

past year

Average Daily Rate

$265.5

+3%

past year

Revenue per Available Rental (RevPAR)

$133.4

+6%

past year

Nevis Performance Details

Total available listings

100

+3%

past year

Listings by rental channel

Channel

Airbnb (30%)

Vrbo (33%)

Both (37%)

Listings by rental size

Bedrooms

1 Bedroom (15%)

2 Bedroom (49%)

3 Bedroom (20%)

4 Bedroom (4%)

5+ Bedroom (12%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (23%)

91-180 nights (55%)

181-270 nights (12%)

271-365 nights (10%)

Listings by rental type

Type

Entire Home (100%)

Private Room (0%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (7.1%)

Moderate (78.8%)

Strict (14.1%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (32.0%)

3 Nights (47.0%)

4-6 Nights (6.0%)

7-29 Nights (5.0%)

30+ Nights (10.0%)

What amenities do listings have?

Heating

95%

Parking

93%

Kitchen

92%

Aircon

90%

Internet

87%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
4-0.2%211
4.85

Occupancy

Occupancy Rate

52%

+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

$1,997,733

+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)

$52

+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

$52

-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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