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AirDNA Data: US Michigan Center Line

How is Center Line performing?

76

Good
Market Score

98

Investability

43

Rental Demand

58

Revenue Growth

11

Seasonality

33

Regulation

Annual Revenue

$8K

+3%

past year

Occupancy Rate

44%

+4%

past year

Average Daily Rate

$190.9

+3%

past year

Revenue per Available Rental (RevPAR)

$80.5

+6%

past year

Center Line Performance Details

Total available listings

15

+3%

past year

Listings by rental channel

Channel

Airbnb (67%)

Vrbo (13%)

Both (20%)

Listings by rental size

Bedrooms

1 Bedroom (13%)

2 Bedroom (20%)

3 Bedroom (40%)

4 Bedroom (27%)

5+ Bedroom (0%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (47%)

91-180 nights (33%)

181-270 nights (13%)

271-365 nights (7%)

Listings by rental type

Type

Entire Home (100%)

Private Room (0%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (13.3%)

Moderate (53.3%)

Strict (33.3%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (20.0%)

3 Nights (0.0%)

4-6 Nights (40.0%)

7-29 Nights (6.7%)

30+ Nights (33.3%)

What amenities do listings have?

Internet

100%

Heating

100%

Dryer

100%

Washer

100%

Wireless Internet

100%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
10.0%28
4.70

Occupancy

Occupancy Rate

44%

+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

$804,413

+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)

$44

+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

$44

-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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