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AirDNA Data: Lansing

How is Lansing performing?

72

Good
Market Score

88

Investability

24

Rental Demand

43

Revenue Growth

43

Seasonality

78

Regulation

Annual Revenue

$20.9K

+3%

past year

Occupancy Rate

36%

+4%

past year

Average Daily Rate

$197.1

+3%

past year

Revenue per Available Rental (RevPAR)

$83.3

+6%

past year

Lansing Performance Details

Total available listings

129

+3%

past year

Listings by rental channel

Channel

Airbnb (40%)

Vrbo (33%)

Both (28%)

Listings by rental size

Bedrooms

1 Bedroom (16%)

2 Bedroom (35%)

3 Bedroom (27%)

4 Bedroom (15%)

5+ Bedroom (8%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (44%)

91-180 nights (12%)

181-270 nights (14%)

271-365 nights (29%)

Listings by rental type

Type

Entire Home (97%)

Private Room (3%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (16.3%)

Moderate (38.8%)

Strict (36.4%)

Super Strict (8.5%)

Listings by Minimum Stay

1 Night (3.9%)

2 Nights (59.7%)

3 Nights (10.9%)

4-6 Nights (1.6%)

7-29 Nights (0.8%)

30+ Nights (23.3%)

What amenities do listings have?

Kitchen

91%

Wireless Internet

87%

Parking

82%

Heating

81%

Aircon

81%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Carolina Properties and Rentals
4-0.2%30
4.55
4 Seasons Vacation Rentals
30.0%44
4.86
Evolve
30.0%56
4.83
High Mountain Cabin Rentals
20.0%10
4.79
Blue Ridge Mountain Rentals
11.0%1
5.00

Occupancy

Occupancy Rate

36%

+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

$2,094,477

+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)

$36

+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

$36

-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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