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AirDNA Data: US Minnesota New London

How is New London performing?

76

Good
Market Score

95

Investability

33

Rental Demand

82

Revenue Growth

2

Seasonality

47

Regulation

Annual Revenue

$24.4K

+3%

past year

Occupancy Rate

50%

+4%

past year

Average Daily Rate

$332.2

+3%

past year

Revenue per Available Rental (RevPAR)

$152.3

+6%

past year

New London Performance Details

Total available listings

24

+3%

past year

Listings by rental channel

Channel

Airbnb (58%)

Vrbo (25%)

Both (17%)

Listings by rental size

Bedrooms

1 Bedroom (8%)

2 Bedroom (21%)

3 Bedroom (33%)

4 Bedroom (17%)

5+ Bedroom (21%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (29%)

91-180 nights (38%)

181-270 nights (21%)

271-365 nights (13%)

Listings by rental type

Type

Entire Home (88%)

Private Room (13%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (16.7%)

Moderate (70.8%)

Strict (12.5%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (41.7%)

3 Nights (25.0%)

4-6 Nights (20.8%)

7-29 Nights (4.2%)

30+ Nights (8.3%)

What amenities do listings have?

Aircon

100%

Internet

100%

Kitchen

100%

Wireless Internet

100%

Parking

100%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
10.0%32
4.70

Occupancy

Occupancy Rate

50%

+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

$2,440,525

+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)

$50

+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

$50

-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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