AirDNA
Lookup a specific address

AirDNA Data: US Michigan Cedar

How is Cedar performing?

32

Bad
Market Score

61

Investability

49

Rental Demand

23

Revenue Growth

27

Seasonality

38

Regulation

Annual Revenue

$25.1K

+3%

past year

Occupancy Rate

54%

+4%

past year

Average Daily Rate

$338

+3%

past year

Revenue per Available Rental (RevPAR)

$192.2

+6%

past year

Cedar Performance Details

Total available listings

181

+3%

past year

Listings by rental channel

Channel

Airbnb (41%)

Vrbo (23%)

Both (36%)

Listings by rental size

Bedrooms

1 Bedroom (20%)

2 Bedroom (27%)

3 Bedroom (32%)

4 Bedroom (15%)

5+ Bedroom (5%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (28%)

91-180 nights (43%)

181-270 nights (19%)

271-365 nights (10%)

Listings by rental type

Type

Entire Home (96%)

Private Room (4%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (4.5%)

Moderate (67.0%)

Strict (20.7%)

Super Strict (7.8%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (52.5%)

3 Nights (18.2%)

4-6 Nights (13.8%)

7-29 Nights (3.3%)

30+ Nights (12.2%)

What amenities do listings have?

Internet

99%

Wireless Internet

98%

Heating

97%

Parking

93%

Kitchen

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Northland Vacation Rentals
70.8%7
3.71
Evolve
50.3%74
4.51
Elevated Homes & Hospitality
21.0%142
4.70
True North Property Management
10.0%15
4.85
Golden Swan Management
10.0%44
4.90

Occupancy

Occupancy Rate

54%

+5%

past year

Booking lead time
Register to see more
Length of stay
Register to see more
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

$2,505,394

+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)

$54

+5%

past year

Revenue per available rental
Register to see more
Revenue per available rental (RevPAR) over the last 5 years
Register to see more
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

$54

-7%

past year

Weekend revenue per available rental (RevPAR)
Register to see more
What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
Register for more

Smart Investments Happen Here

AirDNA’s powerful yet easy-to-use tools make hosting and investing a breeze.

This means having every insight you need, all in one place, always up-to-date.

Start exploring for free

[email protected]


USA

+1 (720)372-2318

1321 15th St. Denver, CO 80202


Spain

+34 932 205569

Carrer de Muntaner 292 6.2, 08021 Barcelona