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AirDNA Data: US Michigan East Jordan

How is East Jordan performing?

60

Okay
Market Score

98

Investability

41

Rental Demand

49

Revenue Growth

12

Seasonality

35

Regulation

Annual Revenue

$30.4K

+3%

past year

Occupancy Rate

46%

+4%

past year

Average Daily Rate

$381.1

+3%

past year

Revenue per Available Rental (RevPAR)

$198.6

+6%

past year

East Jordan Performance Details

Total available listings

204

+3%

past year

Listings by rental channel

Channel

Airbnb (44%)

Vrbo (21%)

Both (35%)

Listings by rental size

Bedrooms

1 Bedroom (30%)

2 Bedroom (23%)

3 Bedroom (22%)

4 Bedroom (14%)

5+ Bedroom (11%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (34%)

91-180 nights (32%)

181-270 nights (21%)

271-365 nights (13%)

Listings by rental type

Type

Entire Home (89%)

Private Room (11%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (20.9%)

Moderate (66.7%)

Strict (10.4%)

Super Strict (2.0%)

Listings by Minimum Stay

1 Night (0.5%)

2 Nights (46.6%)

3 Nights (13.7%)

4-6 Nights (5.4%)

7-29 Nights (7.4%)

30+ Nights (26.5%)

What amenities do listings have?

Parking

95%

Internet

93%

Wireless Internet

93%

Heating

91%

Aircon

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Northern Michigan Escapes
40.0%3
4.67
Evolve
20.0%3
5.00
Boyneland Vacation Rentals
21.0%29
4.92
Boyne Mountain House
11.0%1
5.00
Juniper Holiday + Home
10.0%20
4.85

Occupancy

Occupancy Rate

46%

+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

$3,038,203

+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)

$46

+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

$46

-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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