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AirDNA Data: US Minnesota Ottertail

How is Ottertail performing?

26

Bad
Market Score

46

Investability

55

Rental Demand

42

Revenue Growth

13

Seasonality

33

Regulation

Annual Revenue

$19.9K

+3%

past year

Occupancy Rate

52%

+4%

past year

Average Daily Rate

$277.5

+3%

past year

Revenue per Available Rental (RevPAR)

$139.6

+6%

past year

Ottertail Performance Details

Total available listings

57

+3%

past year

Listings by rental channel

Channel

Airbnb (44%)

Vrbo (14%)

Both (42%)

Listings by rental size

Bedrooms

1 Bedroom (21%)

2 Bedroom (14%)

3 Bedroom (33%)

4 Bedroom (25%)

5+ Bedroom (7%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (32%)

91-180 nights (46%)

181-270 nights (9%)

271-365 nights (14%)

Listings by rental type

Type

Entire Home (88%)

Private Room (12%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (22.8%)

Moderate (42.1%)

Strict (21.1%)

Super Strict (14.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (43.9%)

3 Nights (21.1%)

4-6 Nights (12.3%)

7-29 Nights (8.8%)

30+ Nights (14.0%)

What amenities do listings have?

Aircon

100%

Wireless Internet

98%

Internet

98%

Parking

96%

Heating

93%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Sota Lake Home Rentals
7-0.1%92
4.89
Evolve
32.0%7
3.86

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

$1,992,523

+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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