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AirDNA Data: US Michigan Union Pier

How is Union Pier performing?

60

Okay
Market Score

80

Investability

57

Rental Demand

6

Revenue Growth

18

Seasonality

70

Regulation

Annual Revenue

$44.3K

+3%

past year

Occupancy Rate

42%

+4%

past year

Average Daily Rate

$516.4

+3%

past year

Revenue per Available Rental (RevPAR)

$259.5

+6%

past year

Union Pier Performance Details

Total available listings

758

+3%

past year

Listings by rental channel

Channel

Airbnb (40%)

Vrbo (35%)

Both (26%)

Listings by rental size

Bedrooms

1 Bedroom (12%)

2 Bedroom (17%)

3 Bedroom (28%)

4 Bedroom (23%)

5+ Bedroom (20%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (69%)

91-180 nights (13%)

181-270 nights (9%)

271-365 nights (10%)

Listings by rental type

Type

Entire Home (94%)

Private Room (6%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (8.7%)

Moderate (34.2%)

Strict (32.7%)

Super Strict (24.4%)

Listings by Minimum Stay

1 Night (9.0%)

2 Nights (45.0%)

3 Nights (14.8%)

4-6 Nights (6.1%)

7-29 Nights (8.7%)

30+ Nights (16.5%)

What amenities do listings have?

Aircon

96%

Parking

92%

Kitchen

88%

Tv

85%

Heating

85%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Bluefish Vacation Rentals
440.2%527
4.78
Vacasa
21-0.1%184
4.48
Goldberry Woods B&B
140.1%90
4.94
Juniper Holiday + Home
1211.0%90
5.00
Freshwater Vacation Rentals
30.0%311
4.69

Occupancy

Occupancy Rate

42%

+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

$4,434,554

+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)

$42

+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

$42

-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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USA

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