How is Spirit Lake performing?
45
Okay
75
Investability
55
Rental Demand
62
Revenue Growth
43
Seasonality
66
Regulation
Annual Revenue
$22.7K
+3%
past year
Occupancy Rate
46%
+4%
past year
Average Daily Rate
$420.8
+3%
past year
Revenue per Available Rental (RevPAR)
$177.3
+6%
past year
Spirit Lake Performance Details
Total available listings
226
+3%
past year
Listings by rental channel
Airbnb (38%)
Vrbo (19%)
Both (42%)
Listings by rental size
1 Bedroom (16%)
2 Bedroom (14%)
3 Bedroom (33%)
4 Bedroom (26%)
5+ Bedroom (11%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (6%)
91-180 nights (16%)
181-270 nights (26%)
271-365 nights (52%)
Listings by rental type
Entire Home (97%)
Private Room (3%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (16.8%)
Moderate (25.7%)
Strict (27.7%)
Super Strict (29.7%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (44.2%)
3 Nights (28.8%)
4-6 Nights (8.8%)
7-29 Nights (3.1%)
30+ Nights (15.0%)
What amenities do listings have?
Parking
95%
Aircon
93%
Kitchen
91%
Wireless Internet
90%
Internet
90%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Okoboji Vacation Co. | 25 | -0.1% | 197 | 4.75 |
Lutheran Lakeside | 21 | 0.0% | 285 | 4.80 |
Just Go Away Travel LLC | 5 | 0.0% | 8 | 4.00 |
Evolve | 2 | -0.3% | 26 | 4.73 |
Excellent
4.8(687 reviews)
“Gave me the visibility to make researched decisions on properties. The amount of data I was able to retrieve allowed me to make more educational decisions. Would recommend to anyone looking into STR.”
Spirit Lake Occupancy Data
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
Spirit Lake STR Revenue Data
Average revenue
$2,266,400
+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
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