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AirDNA Data: US California Rancho Mirage

How is Rancho Mirage performing?

41

Okay
Market Score

53

Investability

52

Rental Demand

53

Revenue Growth

49

Seasonality

65

Regulation

Annual Revenue

$20.5K

+3%

past year

Occupancy Rate

58%

+4%

past year

Average Daily Rate

$441.9

+3%

past year

Revenue per Available Rental (RevPAR)

$220.4

+6%

past year

Rancho Mirage Performance Details

Total available listings

670

+3%

past year

Listings by rental channel

Channel

Airbnb (23%)

Vrbo (25%)

Both (51%)

Listings by rental size

Bedrooms

1 Bedroom (22%)

2 Bedroom (30%)

3 Bedroom (31%)

4 Bedroom (11%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (12%)

91-180 nights (14%)

181-270 nights (25%)

271-365 nights (50%)

Listings by rental type

Type

Entire Home (93%)

Private Room (7%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (8.8%)

Moderate (15.6%)

Strict (73.1%)

Super Strict (2.4%)

Listings by Minimum Stay

1 Night (0.7%)

2 Nights (6.1%)

3 Nights (3.9%)

4-6 Nights (2.8%)

7-29 Nights (45.1%)

30+ Nights (41.3%)

What amenities do listings have?

Internet

99%

Aircon

99%

Wireless Internet

96%

Pool

94%

Washer

93%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
240.2%66
4.67
Palm Desert Vacation
190.4%22
5.00
Desert Luxury Estates
19-0.1%19
4.94
Timeshare - Live Suite Resorts
191.4%6
4.83
Live Suite
171.1%25
4.85

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

$2,051,512

+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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