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AirDNA Data: US Michigan Boyne Falls

How is Boyne Falls performing?

71

Good
Market Score

100

Investability

19

Rental Demand

83

Revenue Growth

16

Seasonality

57

Regulation

Annual Revenue

$31.3K

+3%

past year

Occupancy Rate

51%

+4%

past year

Average Daily Rate

$260.2

+3%

past year

Revenue per Available Rental (RevPAR)

$159.2

+6%

past year

Boyne Falls Performance Details

Total available listings

1,795

+3%

past year

Listings by rental channel

Channel

Airbnb (49%)

Vrbo (32%)

Both (19%)

Listings by rental size

Bedrooms

1 Bedroom (26%)

2 Bedroom (48%)

3 Bedroom (14%)

4 Bedroom (7%)

5+ Bedroom (5%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (59%)

91-180 nights (11%)

181-270 nights (14%)

271-365 nights (16%)

Listings by rental type

Type

Entire Home (76%)

Private Room (24%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (5.1%)

Moderate (46.5%)

Strict (41.8%)

Super Strict (6.6%)

Listings by Minimum Stay

1 Night (12.7%)

2 Nights (43.6%)

3 Nights (7.8%)

4-6 Nights (4.3%)

7-29 Nights (1.9%)

30+ Nights (29.7%)

What amenities do listings have?

Kitchen

93%

Aircon

93%

Tv

92%

Heating

91%

Wireless Internet

89%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Northern Michigan Escapes
520.0%133
4.85
Boyne Mountain House
280.0%1094
4.77
Evolve
90.3%314
4.75
Boyneland Vacation Rentals
90.0%788
4.84
Diamond Resorts and Hotels
80.1%40
4.98

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

$3,130,660

+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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