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AirDNA Data: US Michigan Grand Haven

How is Grand Haven performing?

44

Okay
Market Score

85

Investability

51

Rental Demand

37

Revenue Growth

5

Seasonality

41

Regulation

Annual Revenue

$24.1K

+3%

past year

Occupancy Rate

59%

+4%

past year

Average Daily Rate

$348.4

+3%

past year

Revenue per Available Rental (RevPAR)

$202.2

+6%

past year

Grand Haven Performance Details

Total available listings

406

+3%

past year

Listings by rental channel

Channel

Airbnb (31%)

Vrbo (28%)

Both (41%)

Listings by rental size

Bedrooms

1 Bedroom (24%)

2 Bedroom (34%)

3 Bedroom (24%)

4 Bedroom (13%)

5+ Bedroom (6%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (37%)

91-180 nights (37%)

181-270 nights (16%)

271-365 nights (9%)

Listings by rental type

Type

Entire Home (98%)

Private Room (2%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (7.3%)

Moderate (49.4%)

Strict (29.1%)

Super Strict (14.2%)

Listings by Minimum Stay

1 Night (4.4%)

2 Nights (23.4%)

3 Nights (30.8%)

4-6 Nights (10.3%)

7-29 Nights (8.6%)

30+ Nights (22.4%)

What amenities do listings have?

Internet

97%

Wireless Internet

96%

Kitchen

96%

Heating

94%

Aircon

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Unsalted Vacations
340.1%260
4.71
True North Property Management
1312.0%64
4.85
Lake Michigan Cottages
100.7%157
4.56
Evolve
90.1%360
4.83

Occupancy

Occupancy Rate

59%

+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

$2,406,023

+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)

$59

+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

$59

-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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