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AirDNA Data: US Michigan Grandville

How is Grandville performing?

99

Great
Market Score

90

Investability

86

Rental Demand

57

Revenue Growth

59

Seasonality

52

Regulation

Annual Revenue

$35.6K

+3%

past year

FebAprJunAugOctDecFeb
Occupancy Rate

68%

+4%

past year

JanMarMayJulSepNov
Average Daily Rate

$240.6

+3%

past year

JanMarMayJulSepNov
Revenue per Available Rental (RevPAR)

$169.3

+6%

past year

JanMarMayJulSepNov

Grandville Performance Details

Total available listings

98

+3%

past year

Listings by rental channel

Channel

Airbnb (40%)

Vrbo (7%)

Both (53%)

Listings by rental size

Bedrooms

1 Bedroom (15%)

2 Bedroom (40%)

3 Bedroom (13%)

4 Bedroom (21%)

5+ Bedroom (10%)

Rental growth in the last 12 months

Active Listings

+8%

past year

JanFebMarAprMayJunJulAugSepOctNovDec100125150175200Active Listings

Listings by annual availability

Available

1-90 nights (17%)

91-180 nights (20%)

181-270 nights (24%)

271-365 nights (38%)

Listings by rental type

Type

Entire Home (89%)

Private Room (11%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (12.4%)

Moderate (80.4%)

Strict (7.2%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (67.3%)

3 Nights (7.1%)

4-6 Nights (0.0%)

7-29 Nights (3.1%)

30+ Nights (22.4%)

What amenities do listings have?

Wireless Internet

98%

Internet

98%

Parking

97%

Aircon

96%

Kitchen

95%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
LiveSuites
420.4%1413
4.78
Freshwater Vacation Rentals
10.0%66
4.95

Occupancy

Occupancy Rate

68%

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec1.6K%2.4K%3.2K%4K%4.8K%% Booked
2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$3,562,474

+5%

past year

Apr: 80Aug: 30
How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$68

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$68

-7%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018
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