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AirDNA Data: US Michigan Sturgis

How is Sturgis performing?

74

Good
Market Score

89

Investability

39

Rental Demand

91

Revenue Growth

4

Seasonality

31

Regulation

Annual Revenue

$20.8K

+3%

past year

Occupancy Rate

51%

+4%

past year

Average Daily Rate

$229.8

+3%

past year

Revenue per Available Rental (RevPAR)

$123.6

+6%

past year

Sturgis Performance Details

Total available listings

46

+3%

past year

Listings by rental channel

Channel

Airbnb (52%)

Vrbo (20%)

Both (28%)

Listings by rental size

Bedrooms

1 Bedroom (33%)

2 Bedroom (22%)

3 Bedroom (24%)

4 Bedroom (15%)

5+ Bedroom (7%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (22%)

91-180 nights (39%)

181-270 nights (15%)

271-365 nights (24%)

Listings by rental type

Type

Entire Home (98%)

Private Room (2%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (15.6%)

Moderate (64.4%)

Strict (15.6%)

Super Strict (4.4%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (37.0%)

3 Nights (10.9%)

4-6 Nights (4.3%)

7-29 Nights (2.2%)

30+ Nights (45.7%)

What amenities do listings have?

Aircon

100%

Parking

98%

Internet

93%

Kitchen

93%

Heating

91%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
2-0.3%41
4.80

Occupancy

Occupancy Rate

51%

+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

$2,080,965

+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)

$51

+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

$51

-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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