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AirDNA Data: US Michigan Alanson

How is Alanson performing?

55

Okay
Market Score

97

Investability

48

Rental Demand

37

Revenue Growth

12

Seasonality

35

Regulation

Annual Revenue

$24.3K

+3%

past year

Occupancy Rate

53%

+4%

past year

Average Daily Rate

$297.7

+3%

past year

Revenue per Available Rental (RevPAR)

$167.6

+6%

past year

Alanson Performance Details

Total available listings

117

+3%

past year

Listings by rental channel

Channel

Airbnb (43%)

Vrbo (26%)

Both (31%)

Listings by rental size

Bedrooms

1 Bedroom (26%)

2 Bedroom (28%)

3 Bedroom (21%)

4 Bedroom (15%)

5+ Bedroom (10%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (37%)

91-180 nights (34%)

181-270 nights (15%)

271-365 nights (15%)

Listings by rental type

Type

Entire Home (97%)

Private Room (3%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (13.8%)

Moderate (64.7%)

Strict (16.4%)

Super Strict (5.2%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (44.4%)

3 Nights (24.8%)

4-6 Nights (7.7%)

7-29 Nights (7.7%)

30+ Nights (15.4%)

What amenities do listings have?

Parking

97%

Kitchen

91%

Internet

90%

Wireless Internet

89%

Heating

86%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
30.0%110
4.59
Vacation Properties of Northern Michigan
30.0%43
4.63
Graham Management
10.0%6
4.15
Union Home Mortgage
10.0%62
4.75
Vacasa
10.0%14
4.30

Occupancy

Occupancy Rate

53%

+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

$2,434,065

+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)

$53

+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

$53

-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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