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AirDNA Data: US Minnesota Tofte

How is Tofte performing?

81

Great
Market Score

80

Investability

72

Rental Demand

39

Revenue Growth

33

Seasonality

47

Regulation

Annual Revenue

$48.5K

+3%

past year

Occupancy Rate

58%

+4%

past year

Average Daily Rate

$319.9

+3%

past year

Revenue per Available Rental (RevPAR)

$181.3

+6%

past year

Tofte Performance Details

Total available listings

91

+3%

past year

Listings by rental channel

Channel

Airbnb (59%)

Vrbo (19%)

Both (22%)

Listings by rental size

Bedrooms

1 Bedroom (45%)

2 Bedroom (23%)

3 Bedroom (22%)

4 Bedroom (9%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (9%)

91-180 nights (16%)

181-270 nights (12%)

271-365 nights (63%)

Listings by rental type

Type

Entire Home (97%)

Private Room (3%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (3.3%)

Moderate (48.4%)

Strict (28.6%)

Super Strict (19.8%)

Listings by Minimum Stay

1 Night (2.2%)

2 Nights (62.6%)

3 Nights (26.4%)

4-6 Nights (2.2%)

7-29 Nights (0.0%)

30+ Nights (6.6%)

What amenities do listings have?

Heating

100%

Parking

100%

Wireless Internet

92%

Kitchen

86%

Tv

84%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Cascade Vacation Rentals
180.0%363
4.78
Evolve
32.0%41
4.96
Superior Stays
20.0%128
4.65

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

$4,849,913

+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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