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AirDNA Data: US Michigan Muskegon

How is Muskegon performing?

65

Good
Market Score

100

Investability

53

Rental Demand

44

Revenue Growth

7

Seasonality

44

Regulation

Annual Revenue

$24.8K

+3%

past year

Occupancy Rate

53%

+4%

past year

Average Daily Rate

$322

+3%

past year

Revenue per Available Rental (RevPAR)

$166.3

+6%

past year

Muskegon Performance Details

Total available listings

538

+3%

past year

Listings by rental channel

Channel

Airbnb (44%)

Vrbo (15%)

Both (41%)

Listings by rental size

Bedrooms

1 Bedroom (18%)

2 Bedroom (29%)

3 Bedroom (29%)

4 Bedroom (16%)

5+ Bedroom (8%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (32%)

91-180 nights (27%)

181-270 nights (21%)

271-365 nights (20%)

Listings by rental type

Type

Entire Home (93%)

Private Room (7%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (20.6%)

Moderate (51.6%)

Strict (24.5%)

Super Strict (3.3%)

Listings by Minimum Stay

1 Night (1.5%)

2 Nights (45.7%)

3 Nights (18.0%)

4-6 Nights (4.3%)

7-29 Nights (4.1%)

30+ Nights (26.4%)

What amenities do listings have?

Internet

96%

Wireless Internet

96%

Heating

95%

Parking

94%

Aircon

94%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
80.6%204
4.83
Unsalted Vacations
7-0.2%52
4.73
Lake Michigan Cottages
50.3%74
4.49
4rentus
30.5%4
3.50
Freshwater Vacation Rentals
22.0%20
4.69

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

$2,480,309

+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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