How is Petoskey performing?
41
Okay
80
Investability
43
Rental Demand
34
Revenue Growth
9
Seasonality
45
Regulation
Annual Revenue
$28.7K
+3%
past year
Occupancy Rate
52%
+4%
past year
Average Daily Rate
$394.5
+3%
past year
Revenue per Available Rental (RevPAR)
$205.3
+6%
past year
Petoskey Performance Details
Total available listings
351
+3%
past year
Listings by rental channel
Airbnb (44%)
Vrbo (29%)
Both (27%)
Listings by rental size
1 Bedroom (29%)
2 Bedroom (27%)
3 Bedroom (21%)
4 Bedroom (16%)
5+ Bedroom (8%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (34%)
91-180 nights (25%)
181-270 nights (22%)
271-365 nights (19%)
Listings by rental type
Entire Home (89%)
Private Room (11%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (4.3%)
Moderate (73.5%)
Strict (17.6%)
Super Strict (4.6%)
Listings by Minimum Stay
1 Night (0.3%)
2 Nights (38.2%)
3 Nights (15.1%)
4-6 Nights (7.1%)
7-29 Nights (8.3%)
30+ Nights (31.1%)
What amenities do listings have?
Internet
95%
Wireless Internet
93%
Parking
90%
Kitchen
88%
Heating
87%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Vacation Properties of Northern Michigan | 10 | 0.3% | 128 | 4.76 |
Evolve | 7 | 0.2% | 110 | 4.67 |
Graham Management | 3 | -0.4% | 25 | 4.61 |
Vacasa | 3 | 0.0% | 28 | 4.44 |
Northern Michigan Escapes | 1 | 0.0% | 3 | 5.00 |
Occupancy
Occupancy Rate
52%
+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
$2,872,486
+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)
$52
+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
$52
-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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