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AirDNA Data: US Michigan Boyne City

How is Boyne City performing?

40

Okay
Market Score

98

Investability

24

Rental Demand

36

Revenue Growth

5

Seasonality

46

Regulation

Annual Revenue

$32.6K

+3%

past year

Occupancy Rate

45%

+4%

past year

Average Daily Rate

$421.9

+3%

past year

Revenue per Available Rental (RevPAR)

$194.3

+6%

past year

Boyne City Performance Details

Total available listings

397

+3%

past year

Listings by rental channel

Channel

Airbnb (30%)

Vrbo (28%)

Both (42%)

Listings by rental size

Bedrooms

1 Bedroom (16%)

2 Bedroom (21%)

3 Bedroom (34%)

4 Bedroom (19%)

5+ Bedroom (10%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (21%)

91-180 nights (28%)

181-270 nights (26%)

271-365 nights (25%)

Listings by rental type

Type

Entire Home (99%)

Private Room (1%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (5.1%)

Moderate (69.5%)

Strict (15.1%)

Super Strict (10.3%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (51.9%)

3 Nights (18.9%)

4-6 Nights (5.3%)

7-29 Nights (5.8%)

30+ Nights (18.1%)

What amenities do listings have?

Internet

97%

Heating

94%

Kitchen

93%

Wireless Internet

93%

Aircon

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Northern Michigan Escapes
362.6%116
4.72
Boyneland Vacation Rentals
120.5%460
4.92
Boyne Mountain House
101.0%104
4.90
Evolve
80.1%98
4.61
Vacasa
20.0%18
4.77

Occupancy

Occupancy Rate

45%

+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

$3,258,815

+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)

$45

+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

$45

-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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