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AirDNA Data: US Michigan Union Pier

How is Union Pier performing?

36

Bad
Market Score

71

Investability

41

Rental Demand

35

Revenue Growth

11

Seasonality

47

Regulation

Annual Revenue

$55.1K

+3%

past year

Occupancy Rate

54%

+4%

past year

Average Daily Rate

$611.2

+3%

past year

Revenue per Available Rental (RevPAR)

$322.2

+6%

past year

Union Pier Performance Details

Total available listings

332

+3%

past year

Listings by rental channel

Channel

Airbnb (29%)

Vrbo (21%)

Both (50%)

Listings by rental size

Bedrooms

1 Bedroom (11%)

2 Bedroom (17%)

3 Bedroom (30%)

4 Bedroom (23%)

5+ Bedroom (19%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (22%)

91-180 nights (32%)

181-270 nights (23%)

271-365 nights (23%)

Listings by rental type

Type

Entire Home (96%)

Private Room (4%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (3.3%)

Moderate (57.6%)

Strict (18.8%)

Super Strict (20.3%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (57.2%)

3 Nights (19.6%)

4-6 Nights (6.3%)

7-29 Nights (4.2%)

30+ Nights (12.7%)

What amenities do listings have?

Internet

100%

Aircon

100%

Heating

96%

Wireless Internet

96%

Parking

96%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Bluefish Vacation Rentals
420.1%594
4.77
Juniper Holiday + Home
202.3%126
4.98
Vacasa
18-0.2%154
4.51
Goldberry Woods B&B
150.1%107
4.96
Third Coast Vacations
120.7%85
4.80

Occupancy

Occupancy Rate

54%

+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

$5,510,649

+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)

$54

+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

$54

-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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USA

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