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AirDNA Data: US Minnesota Grand Marais

How is Grand Marais performing?

88

Great
Market Score

96

Investability

91

Rental Demand

69

Revenue Growth

52

Seasonality

65

Regulation

Annual Revenue

$42.2K

+3%

past year

Occupancy Rate

59%

+4%

past year

Average Daily Rate

$306.8

+3%

past year

Revenue per Available Rental (RevPAR)

$179.1

+6%

past year

Grand Marais Performance Details

Total available listings

249

+3%

past year

Listings by rental channel

Channel

Airbnb (54%)

Vrbo (11%)

Both (35%)

Listings by rental size

Bedrooms

1 Bedroom (47%)

2 Bedroom (29%)

3 Bedroom (19%)

4 Bedroom (2%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (5%)

91-180 nights (20%)

181-270 nights (18%)

271-365 nights (57%)

Listings by rental type

Type

Entire Home (88%)

Private Room (12%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (21.4%)

Moderate (26.2%)

Strict (17.2%)

Super Strict (35.2%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (46.6%)

3 Nights (24.9%)

4-6 Nights (4.0%)

7-29 Nights (1.6%)

30+ Nights (22.9%)

What amenities do listings have?

Parking

94%

Heating

89%

Internet

89%

Wireless Internet

88%

Kitchen

87%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Cascade Vacation Rentals
390.1%708
4.71
The Hungry Hippie Farm & Hostel
130.3%2032
4.91

Occupancy

Occupancy Rate

59%

+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

$4,220,007

+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)

$59

+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

$59

-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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