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AirDNA Data: US Michigan Cadillac

How is Cadillac performing?

80

Good
Market Score

95

Investability

45

Rental Demand

82

Revenue Growth

32

Seasonality

53

Regulation

Annual Revenue

$16.4K

+3%

past year

Occupancy Rate

33%

+4%

past year

Average Daily Rate

$188.9

+3%

past year

Revenue per Available Rental (RevPAR)

$85.1

+6%

past year

Cadillac Performance Details

Total available listings

308

+3%

past year

Listings by rental channel

Channel

Airbnb (49%)

Vrbo (32%)

Both (19%)

Listings by rental size

Bedrooms

1 Bedroom (32%)

2 Bedroom (24%)

3 Bedroom (25%)

4 Bedroom (12%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (61%)

91-180 nights (13%)

181-270 nights (17%)

271-365 nights (10%)

Listings by rental type

Type

Entire Home (83%)

Private Room (16%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (25.3%)

Moderate (42.2%)

Strict (31.2%)

Super Strict (1.3%)

Listings by Minimum Stay

1 Night (4.5%)

2 Nights (41.2%)

3 Nights (13.6%)

4-6 Nights (3.9%)

7-29 Nights (4.5%)

30+ Nights (32.1%)

What amenities do listings have?

Parking

85%

Wireless Internet

81%

Tv

80%

Heating

76%

Kitchen

74%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
110.1%238
4.84
Mitten Housing
10.0%63
4.70

Occupancy

Occupancy Rate

33%

+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

$1,638,856

+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)

$33

+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

$33

-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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