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AirDNA Data: US Michigan East Jordan

How is East Jordan performing?

55

Okay
Market Score

97

Investability

42

Rental Demand

44

Revenue Growth

12

Seasonality

34

Regulation

Annual Revenue

$31K

+3%

past year

Occupancy Rate

47%

+4%

past year

Average Daily Rate

$384.4

+3%

past year

Revenue per Available Rental (RevPAR)

$200.3

+6%

past year

East Jordan Performance Details

Total available listings

198

+3%

past year

Listings by rental channel

Channel

Airbnb (41%)

Vrbo (22%)

Both (37%)

Listings by rental size

Bedrooms

1 Bedroom (30%)

2 Bedroom (23%)

3 Bedroom (22%)

4 Bedroom (14%)

5+ Bedroom (12%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (32%)

91-180 nights (33%)

181-270 nights (23%)

271-365 nights (13%)

Listings by rental type

Type

Entire Home (90%)

Private Room (9%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (21.8%)

Moderate (65.0%)

Strict (11.2%)

Super Strict (2.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (44.4%)

3 Nights (14.1%)

4-6 Nights (6.1%)

7-29 Nights (8.1%)

30+ Nights (27.3%)

What amenities do listings have?

Parking

96%

Internet

92%

Wireless Internet

92%

Heating

91%

Aircon

88%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Northern Michigan Escapes
40.0%3
4.67
Evolve
20.0%3
5.00
Boyne Mountain House
11.0%1
5.00
Boyneland Vacation Rentals
10.0%5
5.00

Occupancy

Occupancy Rate

47%

+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

$3,100,370

+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)

$47

+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

$47

-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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