How is Park Rapids performing?
14
Bad
66
Investability
35
Rental Demand
17
Revenue Growth
18
Seasonality
33
Regulation
Annual Revenue
$17.8K
+3%
past year
Occupancy Rate
46%
+4%
past year
Average Daily Rate
$288.3
+3%
past year
Revenue per Available Rental (RevPAR)
$128.9
+6%
past year
Park Rapids Performance Details
Total available listings
226
+3%
past year
Listings by rental channel
Airbnb (34%)
Vrbo (21%)
Both (46%)
Listings by rental size
1 Bedroom (15%)
2 Bedroom (33%)
3 Bedroom (27%)
4 Bedroom (15%)
5+ Bedroom (9%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (35%)
91-180 nights (38%)
181-270 nights (19%)
271-365 nights (8%)
Listings by rental type
Entire Home (99%)
Private Room (1%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (8.8%)
Moderate (52.2%)
Strict (38.5%)
Super Strict (0.4%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (53.5%)
3 Nights (13.3%)
4-6 Nights (11.5%)
7-29 Nights (12.4%)
30+ Nights (9.3%)
What amenities do listings have?
Internet
95%
Wireless Internet
93%
Kitchen
92%
Parking
92%
Aircon
89%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 16 | 2.2% | 24 | 4.88 |
Just Go Away Travel LLC | 2 | 0.0% | 1 | 3.00 |
Timeshare - Jenny And Ania | 1 | 1.0% | 1 | 5.00 |
Occupancy
Occupancy Rate
46%
+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
$1,776,246
+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)
$46
+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
$46
-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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