How is Park Rapids performing?
13
Bad
65
Investability
47
Rental Demand
15
Revenue Growth
19
Seasonality
20
Regulation
Annual Revenue
$17.2K
+3%
past year
Occupancy Rate
47%
+4%
past year
Average Daily Rate
$283.5
+3%
past year
Revenue per Available Rental (RevPAR)
$129.5
+6%
past year
Park Rapids Performance Details
Total available listings
226
+3%
past year
Listings by rental channel
Airbnb (35%)
Vrbo (22%)
Both (44%)
Listings by rental size
1 Bedroom (16%)
2 Bedroom (32%)
3 Bedroom (27%)
4 Bedroom (15%)
5+ Bedroom (10%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (38%)
91-180 nights (36%)
181-270 nights (16%)
271-365 nights (9%)
Listings by rental type
Entire Home (99%)
Private Room (1%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (8.4%)
Moderate (55.3%)
Strict (35.8%)
Super Strict (0.4%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (55.8%)
3 Nights (16.8%)
4-6 Nights (10.2%)
7-29 Nights (7.5%)
30+ Nights (9.7%)
What amenities do listings have?
Internet
94%
Wireless Internet
93%
Parking
93%
Kitchen
90%
Aircon
90%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 15 | 4.0% | 24 | 4.87 |
Just Go Away Travel LLC | 2 | 0.0% | 1 | 3.00 |
Occupancy
Occupancy Rate
47%
+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
$1,715,381
+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)
$47
+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
$47
-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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