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AirDNA Data: US Michigan Boyne Falls

How is Boyne Falls performing?

96

Great
Market Score

100

Investability

72

Rental Demand

76

Revenue Growth

34

Seasonality

32

Regulation

Annual Revenue

$40.5K

+3%

past year

Occupancy Rate

56%

+4%

past year

Average Daily Rate

$376.4

+3%

past year

Revenue per Available Rental (RevPAR)

$195.1

+6%

past year

Boyne Falls Performance Details

Total available listings

1,135

+3%

past year

Listings by rental channel

Channel

Airbnb (43%)

Vrbo (29%)

Both (28%)

Listings by rental size

Bedrooms

1 Bedroom (23%)

2 Bedroom (53%)

3 Bedroom (11%)

4 Bedroom (8%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (24%)

91-180 nights (17%)

181-270 nights (36%)

271-365 nights (23%)

Listings by rental type

Type

Entire Home (67%)

Private Room (33%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (1.6%)

Moderate (57.2%)

Strict (34.9%)

Super Strict (6.3%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (88.8%)

3 Nights (4.9%)

4-6 Nights (1.1%)

7-29 Nights (0.5%)

30+ Nights (4.7%)

What amenities do listings have?

Internet

99%

Kitchen

98%

Heating

98%

Tv

97%

Wireless Internet

97%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Northern Michigan Escapes
510.1%179
4.84
Boyne Mountain House
260.0%971
4.78
Timeshare Guardians, LLC
120.2%16
4.94
Boyneland Vacation Rentals
110.1%870
4.85
Diamond Resorts and Hotels
80.1%40
4.98

Occupancy

Occupancy Rate

56%

+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

$4,054,307

+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)

$56

+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

$56

-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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