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AirDNA Data: US Michigan Houghton Lake

How is Houghton Lake performing?

41

Okay
Market Score

82

Investability

23

Rental Demand

38

Revenue Growth

17

Seasonality

52

Regulation

Annual Revenue

$14.1K

+3%

past year

FebAprJunAugOctDecFeb
Occupancy Rate

40%

+4%

past year

JanMarMayJulSepNov
Average Daily Rate

$195.3

+3%

past year

JanMarMayJulSepNov
Revenue per Available Rental (RevPAR)

$84.7

+6%

past year

JanMarMayJulSepNov

Houghton Lake Performance Details

Total available listings

255

+3%

past year

Listings by rental channel

Channel

Airbnb (43%)

Vrbo (28%)

Both (29%)

Listings by rental size

Bedrooms

1 Bedroom (27%)

2 Bedroom (35%)

3 Bedroom (28%)

4 Bedroom (8%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

JanFebMarAprMayJunJulAugSepOctNovDec100125150175200Active Listings

Listings by annual availability

Available

1-90 nights (30%)

91-180 nights (30%)

181-270 nights (24%)

271-365 nights (17%)

Listings by rental type

Type

Entire Home (88%)

Private Room (12%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (13.0%)

Moderate (65.4%)

Strict (18.5%)

Super Strict (3.1%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (44.3%)

3 Nights (13.7%)

4-6 Nights (5.5%)

7-29 Nights (3.5%)

30+ Nights (32.9%)

What amenities do listings have?

Internet

96%

Wireless Internet

95%

Parking

93%

Heating

88%

Kitchen

87%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
14-0.3%189
4.81
Freshwater Vacation Rentals
10.0%32
5.00

Occupancy

Occupancy Rate

40%

+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

$1,411,898

+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)

$40

+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

$40

-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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