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AirDNA Data: US Michigan Berkley

How is Berkley performing?

89

Great
Market Score

43

Investability

82

Rental Demand

52

Revenue Growth

77

Seasonality

31

Regulation

Annual Revenue

$14.5K

+3%

past year

Occupancy Rate

62%

+4%

past year

Average Daily Rate

$152.8

+3%

past year

Revenue per Available Rental (RevPAR)

$90.2

+6%

past year

Berkley Performance Details

Total available listings

55

+3%

past year

Listings by rental channel

Channel

Airbnb (47%)

Vrbo (16%)

Both (36%)

Listings by rental size

Bedrooms

1 Bedroom (29%)

2 Bedroom (36%)

3 Bedroom (24%)

4 Bedroom (11%)

5+ Bedroom (0%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (38%)

91-180 nights (35%)

181-270 nights (11%)

271-365 nights (16%)

Listings by rental type

Type

Entire Home (98%)

Private Room (2%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (7.3%)

Moderate (74.5%)

Strict (18.2%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (30.9%)

3 Nights (14.5%)

4-6 Nights (14.5%)

7-29 Nights (7.3%)

30+ Nights (32.7%)

What amenities do listings have?

Wireless Internet

96%

Internet

96%

Kitchen

96%

Tv

93%

Heating

91%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
StayArbor
20.0%26
4.85

Occupancy

Occupancy Rate

62%

+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

$1,450,404

+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)

$62

+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

$62

-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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