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AirDNA Data: US Minnesota Tofte

How is Tofte performing?

83

Great
Market Score

94

Investability

61

Rental Demand

45

Revenue Growth

14

Seasonality

58

Regulation

Annual Revenue

$51.7K

+3%

past year

Occupancy Rate

58%

+4%

past year

Average Daily Rate

$355.5

+3%

past year

Revenue per Available Rental (RevPAR)

$200.3

+6%

past year

Tofte Performance Details

Total available listings

106

+3%

past year

Listings by rental channel

Channel

Airbnb (56%)

Vrbo (25%)

Both (20%)

Listings by rental size

Bedrooms

1 Bedroom (45%)

2 Bedroom (26%)

3 Bedroom (20%)

4 Bedroom (8%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (11%)

91-180 nights (14%)

181-270 nights (12%)

271-365 nights (62%)

Listings by rental type

Type

Entire Home (97%)

Private Room (3%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (2.8%)

Moderate (64.2%)

Strict (14.2%)

Super Strict (18.9%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (56.6%)

3 Nights (24.5%)

4-6 Nights (1.9%)

7-29 Nights (0.0%)

30+ Nights (17.0%)

What amenities do listings have?

Heating

99%

Parking

98%

Internet

95%

Wireless Internet

92%

Kitchen

87%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Cascade Vacation Rentals
18-0.1%409
4.77
Superior Stays
2-0.3%148
4.60
Evolve
10.0%3
5.00

Occupancy

Occupancy Rate

58%

+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

$5,171,463

+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)

$58

+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

$58

-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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