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AirDNA Data: US Michigan Frankfort

How is Frankfort performing?

33

Bad
Market Score

74

Investability

54

Rental Demand

30

Revenue Growth

11

Seasonality

34

Regulation

Annual Revenue

$24.5K

+3%

past year

Occupancy Rate

59%

+4%

past year

Average Daily Rate

$388

+3%

past year

Revenue per Available Rental (RevPAR)

$233.4

+6%

past year

Frankfort Performance Details

Total available listings

371

+3%

past year

Listings by rental channel

Channel

Airbnb (29%)

Vrbo (29%)

Both (42%)

Listings by rental size

Bedrooms

1 Bedroom (17%)

2 Bedroom (29%)

3 Bedroom (26%)

4 Bedroom (18%)

5+ Bedroom (11%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (42%)

91-180 nights (36%)

181-270 nights (14%)

271-365 nights (7%)

Listings by rental type

Type

Entire Home (98%)

Private Room (2%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (5.7%)

Moderate (63.4%)

Strict (23.5%)

Super Strict (7.4%)

Listings by Minimum Stay

1 Night (0.3%)

2 Nights (39.6%)

3 Nights (25.9%)

4-6 Nights (14.3%)

7-29 Nights (9.7%)

30+ Nights (10.2%)

What amenities do listings have?

Internet

95%

Kitchen

95%

Parking

92%

Wireless Internet

92%

Heating

88%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Agape Vacation Rentals
22-0.1%904
4.81
Vacasa
12-0.6%132
4.36
Evolve
71.3%63
4.84
Rental Management One
20.0%12
4.67
Bayshore Vacation Rentals
10.0%91
4.70

Occupancy

Occupancy Rate

59%

+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

$2,446,039

+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)

$59

+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

$59

-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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