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AirDNA Data: US Michigan Alpena

How is Alpena performing?

44

Okay
Market Score

100

Investability

45

Rental Demand

36

Revenue Growth

6

Seasonality

28

Regulation

Annual Revenue

$16.3K

+3%

past year

Occupancy Rate

49%

+4%

past year

Average Daily Rate

$230.2

+3%

past year

Revenue per Available Rental (RevPAR)

$108.7

+6%

past year

Alpena Performance Details

Total available listings

129

+3%

past year

Listings by rental channel

Channel

Airbnb (64%)

Vrbo (15%)

Both (22%)

Listings by rental size

Bedrooms

1 Bedroom (16%)

2 Bedroom (27%)

3 Bedroom (34%)

4 Bedroom (19%)

5+ Bedroom (5%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (29%)

91-180 nights (33%)

181-270 nights (27%)

271-365 nights (11%)

Listings by rental type

Type

Entire Home (97%)

Private Room (3%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (29.7%)

Moderate (50.8%)

Strict (19.5%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (41.1%)

3 Nights (23.3%)

4-6 Nights (7.0%)

7-29 Nights (3.1%)

30+ Nights (25.6%)

What amenities do listings have?

Wireless Internet

96%

Kitchen

96%

Internet

96%

Parking

92%

Heating

91%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Agape Vacation Rentals
10.0%58
4.80
Up North Property Services
1-0.5%3
5.00
Evolve
1-0.5%23
4.75

Occupancy

Occupancy Rate

49%

+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

$1,626,150

+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)

$49

+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

$49

-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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