How is Mears performing?
72
Good
92
Investability
51
Rental Demand
50
Revenue Growth
16
Seasonality
43
Regulation
Annual Revenue
$33.8K
+3%
past year
Occupancy Rate
54%
+4%
past year
Average Daily Rate
$443.2
+3%
past year
Revenue per Available Rental (RevPAR)
$232.2
+6%
past year
Mears Performance Details
Total available listings
285
+3%
past year
Listings by rental channel
Airbnb (28%)
Vrbo (44%)
Both (28%)
Listings by rental size
1 Bedroom (5%)
2 Bedroom (25%)
3 Bedroom (36%)
4 Bedroom (17%)
5+ Bedroom (17%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (20%)
91-180 nights (55%)
181-270 nights (20%)
271-365 nights (4%)
Listings by rental type
Entire Home (100%)
Private Room (0%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (4.9%)
Moderate (77.1%)
Strict (15.5%)
Super Strict (2.5%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (37.9%)
3 Nights (28.8%)
4-6 Nights (13.0%)
7-29 Nights (11.2%)
30+ Nights (9.1%)
What amenities do listings have?
Kitchen
96%
Internet
93%
Wireless Internet
92%
Parking
92%
Heating
84%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Lake Michigan Cottages | 6 | 1.0% | 84 | 4.72 |
Evolve | 6 | 0.2% | 106 | 4.69 |
Occupancy
Occupancy Rate
54%
+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
$3,377,342
+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)
$54
+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
$54
-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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