How is Grand Rapids performing?
74
Good
77
Investability
47
Rental Demand
77
Revenue Growth
18
Seasonality
64
Regulation
Annual Revenue
$17.1K
+3%
past year
Occupancy Rate
39%
+4%
past year
Average Daily Rate
$208.5
+3%
past year
Revenue per Available Rental (RevPAR)
$99.4
+6%
past year
Grand Rapids Performance Details
Total available listings
193
+3%
past year
Listings by rental channel
Airbnb (47%)
Vrbo (32%)
Both (21%)
Listings by rental size
1 Bedroom (26%)
2 Bedroom (27%)
3 Bedroom (27%)
4 Bedroom (12%)
5+ Bedroom (8%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (63%)
91-180 nights (15%)
181-270 nights (12%)
271-365 nights (10%)
Listings by rental type
Entire Home (93%)
Private Room (7%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (27.5%)
Moderate (41.5%)
Strict (28.5%)
Super Strict (2.6%)
Listings by Minimum Stay
1 Night (8.3%)
2 Nights (33.7%)
3 Nights (16.1%)
4-6 Nights (11.4%)
7-29 Nights (8.8%)
30+ Nights (21.8%)
What amenities do listings have?
Parking
85%
Kitchen
84%
Heating
82%
Wireless Internet
80%
Tv
76%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 3 | 2.0% | 30 | 4.78 |
Occupancy
Occupancy Rate
39%
+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
Revenue
Average revenue
$1,714,461
+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)
$39
+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
Revenue per available rental (RevPAR)
Revenue per available rental
$39
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
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
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