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AirDNA Data: US Michigan Harbert

How is Harbert performing?

24

Bad
Market Score

69

Investability

38

Rental Demand

34

Revenue Growth

7

Seasonality

42

Regulation

Annual Revenue

$52.4K

+3%

past year

Occupancy Rate

53%

+4%

past year

Average Daily Rate

$700.6

+3%

past year

Revenue per Available Rental (RevPAR)

$397

+6%

past year

Harbert Performance Details

Total available listings

80

+3%

past year

Listings by rental channel

Channel

Airbnb (24%)

Vrbo (26%)

Both (50%)

Listings by rental size

Bedrooms

1 Bedroom (5%)

2 Bedroom (14%)

3 Bedroom (35%)

4 Bedroom (25%)

5+ Bedroom (21%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (25%)

91-180 nights (40%)

181-270 nights (23%)

271-365 nights (13%)

Listings by rental type

Type

Entire Home (100%)

Private Room (0%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (9.1%)

Moderate (47.0%)

Strict (31.8%)

Super Strict (12.1%)

Listings by Minimum Stay

1 Night (2.5%)

2 Nights (32.5%)

3 Nights (35.0%)

4-6 Nights (7.5%)

7-29 Nights (13.8%)

30+ Nights (8.8%)

What amenities do listings have?

Parking

100%

Kitchen

99%

Wireless Internet

96%

Aircon

96%

Heating

96%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Bluefish Vacation Rentals
50.3%25
4.92
Vacasa
5-0.3%25
4.52
Juniper Holiday + Home
20.0%43
5.00
Evolve
20.0%85
4.62
Freshwater Vacation Rentals
10.0%35
4.90

Occupancy

Occupancy Rate

53%

+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

$5,236,480

+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)

$53

+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

$53

-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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