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AirDNA Data: US California Rancho Mirage

How is Rancho Mirage performing?

28

Bad
Market Score

40

Investability

15

Rental Demand

1

Revenue Growth

8

Seasonality

43

Regulation

Annual Revenue

$7.4K

+3%

past year

Occupancy Rate

25%

+4%

past year

Average Daily Rate

$223.6

+3%

past year

Revenue per Available Rental (RevPAR)

$114

+6%

past year

Rancho Mirage Performance Details

Total available listings

3,801

+3%

past year

Listings by rental channel

Channel

Airbnb (45%)

Vrbo (41%)

Both (14%)

Listings by rental size

Bedrooms

1 Bedroom (30%)

2 Bedroom (22%)

3 Bedroom (28%)

4 Bedroom (13%)

5+ Bedroom (7%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (94%)

91-180 nights (5%)

181-270 nights (1%)

271-365 nights (0%)

Listings by rental type

Type

Entire Home (89%)

Private Room (10%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (13.9%)

Moderate (38.1%)

Strict (38.5%)

Super Strict (9.5%)

Listings by Minimum Stay

1 Night (8.4%)

2 Nights (11.9%)

3 Nights (17.1%)

4-6 Nights (10.7%)

7-29 Nights (25.4%)

30+ Nights (26.5%)

What amenities do listings have?

Aircon

92%

Washer

88%

Pool

87%

Kitchen

83%

Dryer

81%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
20-0.2%63
4.57
Desert Luxury Estates
16-0.2%19
4.68
Timeshare - David
160.1%39
4.98
Boutique Vacation Rentals
140.2%46
4.95
Evolve
110.0%16
4.87

Occupancy

Occupancy Rate

25%

+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

$743,973

+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)

$25

+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

$25

-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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