How is Lake Leelanau performing?
28
Bad
61
Investability
51
Rental Demand
28
Revenue Growth
8
Seasonality
45
Regulation
Annual Revenue
$34.5K
+3%
past year
Occupancy Rate
59%
+4%
past year
Average Daily Rate
$478.4
+3%
past year
Revenue per Available Rental (RevPAR)
$281.2
+6%
past year
Lake Leelanau Performance Details
Total available listings
224
+3%
past year
Listings by rental channel
Airbnb (42%)
Vrbo (29%)
Both (29%)
Listings by rental size
1 Bedroom (28%)
2 Bedroom (27%)
3 Bedroom (20%)
4 Bedroom (13%)
5+ Bedroom (13%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (33%)
91-180 nights (46%)
181-270 nights (14%)
271-365 nights (7%)
Listings by rental type
Entire Home (81%)
Private Room (19%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (9.5%)
Moderate (64.4%)
Strict (17.6%)
Super Strict (8.6%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (32.1%)
3 Nights (21.0%)
4-6 Nights (7.1%)
7-29 Nights (4.5%)
30+ Nights (35.3%)
What amenities do listings have?
Heating
93%
Parking
92%
Kitchen
86%
Washer
83%
Internet
82%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
The Jolli-Lodge Resort | 11 | 0.0% | 201 | 4.79 |
True North Property Management | 5 | 5.0% | 23 | 4.91 |
Vacasa | 2 | 0.0% | 8 | 4.01 |
Bayshore Vacation Rentals | 2 | 0.0% | 46 | 4.60 |
Evolve | 2 | 1.0% | 16 | 4.80 |
Occupancy
Occupancy Rate
59%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$3,454,815
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Smart Investments Happen Here
AirDNA’s powerful yet easy-to-use tools make hosting and investing a breeze.
This means having every insight you need, all in one place, always up-to-date.
Start exploring for free