How is Park Rapids performing?
14
Bad
68
Investability
41
Rental Demand
18
Revenue Growth
18
Seasonality
21
Regulation
Annual Revenue
$17.3K
+3%
past year
Occupancy Rate
47%
+4%
past year
Average Daily Rate
$281
+3%
past year
Revenue per Available Rental (RevPAR)
$128.1
+6%
past year
Park Rapids Performance Details
Total available listings
225
+3%
past year
Listings by rental channel
Airbnb (34%)
Vrbo (21%)
Both (44%)
Listings by rental size
1 Bedroom (16%)
2 Bedroom (33%)
3 Bedroom (27%)
4 Bedroom (14%)
5+ Bedroom (10%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (37%)
91-180 nights (36%)
181-270 nights (18%)
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 (54.2%)
Strict (36.9%)
Super Strict (0.4%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (56.0%)
3 Nights (16.9%)
4-6 Nights (9.8%)
7-29 Nights (7.1%)
30+ Nights (10.2%)
What amenities do listings have?
Internet
94%
Parking
92%
Wireless Internet
92%
Kitchen
90%
Aircon
89%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 15 | 2.8% | 25 | 4.88 |
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
$1,732,612
+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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