How is Lake Leelanau performing?
30
Bad
58
Investability
49
Rental Demand
27
Revenue Growth
7
Seasonality
53
Regulation
Annual Revenue
$35.8K
+3%
past year
Occupancy Rate
58%
+4%
past year
Average Daily Rate
$485.2
+3%
past year
Revenue per Available Rental (RevPAR)
$283.9
+6%
past year
Lake Leelanau Performance Details
Total available listings
220
+3%
past year
Listings by rental channel
Airbnb (41%)
Vrbo (29%)
Both (30%)
Listings by rental size
1 Bedroom (27%)
2 Bedroom (26%)
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 (32%)
91-180 nights (40%)
181-270 nights (21%)
271-365 nights (7%)
Listings by rental type
Entire Home (80%)
Private Room (20%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (10.1%)
Moderate (63.8%)
Strict (17.0%)
Super Strict (9.2%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (32.3%)
3 Nights (20.9%)
4-6 Nights (6.4%)
7-29 Nights (5.5%)
30+ Nights (35.0%)
What amenities do listings have?
Parking
95%
Heating
94%
Kitchen
85%
Washer
85%
Dryer
84%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
The Jolli-Lodge Resort | 10 | 0.0% | 192 | 4.81 |
True North Property Management | 5 | 5.0% | 27 | 4.93 |
Vacasa | 2 | 0.0% | 8 | 4.01 |
Evolve | 2 | 1.0% | 16 | 4.80 |
Northland Vacation Rentals | 1 | -0.5% | 6 | 5.00 |
Occupancy
Occupancy Rate
58%
+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
$3,577,305
+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)
$58
+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
$58
-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
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