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AirDNA Data: US Michigan Montague

How is Montague performing?

49

Okay
Market Score

100

Investability

49

Rental Demand

31

Revenue Growth

3

Seasonality

39

Regulation

Annual Revenue

$34.6K

+3%

past year

Occupancy Rate

55%

+4%

past year

Average Daily Rate

$475.8

+3%

past year

Revenue per Available Rental (RevPAR)

$281.6

+6%

past year

Montague Performance Details

Total available listings

96

+3%

past year

Listings by rental channel

Channel

Airbnb (33%)

Vrbo (35%)

Both (31%)

Listings by rental size

Bedrooms

1 Bedroom (10%)

2 Bedroom (10%)

3 Bedroom (46%)

4 Bedroom (19%)

5+ Bedroom (15%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (23%)

91-180 nights (47%)

181-270 nights (19%)

271-365 nights (11%)

Listings by rental type

Type

Entire Home (95%)

Private Room (5%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (3.2%)

Moderate (75.8%)

Strict (20.0%)

Super Strict (1.1%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (27.1%)

3 Nights (20.8%)

4-6 Nights (17.7%)

7-29 Nights (18.8%)

30+ Nights (15.6%)

What amenities do listings have?

Kitchen

96%

Parking

95%

Internet

92%

Wireless Internet

92%

Heating

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
20.0%99
4.85
Freshwater Vacation Rentals
11.0%6
5.00
Lake Michigan Cottages
10.0%7
4.85

Occupancy

Occupancy Rate

55%

+5%

past year

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

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$3,457,270

+5%

past year

How 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)

$55

+5%

past year

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

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$55

-7%

past year

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

2023
2022
2021
2020
2019
2018
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