MGM Properties Reviews - Airbnb Property Manager Performance & Revenue

MGM Properties

Average Occupancy Rate
68%
Average Daily Rate
$167
Average Revenue
$25,390
Listings Under Management
116
YoY Change: 30.34%
Market Coverage
Chicago & 3+ markets

MGM Properties Overview

Looking for a reliable Airbnb management company in Chicago to maximize your short-term rental revenue? MGM Properties specializes in managing vacation rentals and holiday homes, offering seamless STR property management services. With a competitive commission structure and expert handling of bookings, guest communication, and pricing optimization, MGM Properties helps property owners increase their occupancy rates and revenue.

How Do MGM Properties Listings Compare to the Average Chicago Airbnb Market Performance?

To make an informed decision whether MGM Properties is the best Airbnb property manager for your Chicago short-term rental, it’s important to compare its listings performance with the average metrics for the market. Airbtics data-driven analysis covers average daily rate (ADR), occupancy rate, annual revenue, and more to help you.

Whether you’re an established vacation rental investor or a beginner host, find out if MGM Properties is the best choice for your Airbnb business.

Average Daily Rate (ADR) Occupancy Rate Average Annual Revenue
MGM Properties $167 68% $25,390
Chicago $166 66% $38,446
Competitive Positioning +1% +3% -34%

Our data-driven analysis covers average daily rate (ADR), occupancy rate, revenue per listing, and guest reviews to help you make an informed decision. Whether you're a property owner or investor, find out if MGM Properties is the best choice for your short-term rental business.

MGM Properties Growth: 30.34% More Airbnb Listings Under Management YoY

Over the last 12 months, MGM Properties has increased the number of short-term rentals it manages by 30.34%. This expansion indicates growing demand and a strong market presence. 🏖️

MGM Properties Airbnb Market Coverage

MGM Properties operates in some of the best Airbnb markets including:

MGM Properties Airbnb Management Fees

The average Chicago Airbnb property manager charges 10-15% of short-term rental income for half-service management and 20-30% for full-service management. Premium Chicago Airbnb management companies charge up to 40-45% of the booking total. The exact rate depends on your exact location, property type and size, and required vacation rental management services.

To get a custom quote from MGM Properties about their Airbnb management fees, get in touch with the team.

MGM Properties Reviews by Guests & Hosts

MGM Properties has an average rating on Airbnb of 4.5. This Airbnb rating shows that MGM Properties consistently delivers excellent property management services, ensuring strong guest satisfaction and trust.

MGM Properties’s Top Airbnb Reviews by Guests

★★★★★
Everything was great. Very clean and welcoming and clear instructions.
★★★★★
Beautiful and peaceful apartment with amazing decor. Communication was excellent throughout my stay. The only thing to keep in mind is that if you’re visiting from out of town, the guest policy is quite strict, so inviting people over might be a challenge.
Overall 10/10 I do recommend!
★★★★★
It was so clean and nice! Felt right at home!
★★★★★
The property was nice ... I enjoyed my stay. Very friendly staff.
★★★★★
Great home would definitely stay again


Is MGM Properties a Good Airbnb Property Manager Option in Chicago?

Considering MGM Properties property management services, fees, and performance vs market average, it could be a good option for some Airbnb hosts and owners looking for passive short-term rental property investments in Chicago.

To decide if MGM Properties is the best choice for you, take into account the costs and benefits. Evaluate whether the expected boost in rental revenue due to professional services and the elevated level of comfort for you exceed or not the monthly Airbnb management fees charged by MGM Properties.

It’s best to schedule a call with MGM Properties to discuss your particular situation, what the Airbnb manager can do for your property, and how much exactly you’d need to pay them.

Top 5 MGM Properties’s alternatives and competitors

If you’d like to explore the best MGM Properties competitors and alternatives in the local market, check out these top Chicago Airbnb management companies: