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AirDNA Data: US Florida Palm Beach

How is Palm Beach performing?

57

Okay
Market Score

10

Investability

62

Rental Demand

49

Revenue Growth

16

Seasonality

82

Regulation

Annual Revenue

$28.8K

+3%

past year

Occupancy Rate

38%

+4%

past year

Average Daily Rate

$301.6

+3%

past year

Revenue per Available Rental (RevPAR)

$165.7

+6%

past year

Palm Beach Performance Details

Total available listings

1,061

+3%

past year

Listings by rental channel

Channel

Airbnb (52%)

Vrbo (34%)

Both (14%)

Listings by rental size

Bedrooms

1 Bedroom (68%)

2 Bedroom (21%)

3 Bedroom (6%)

4 Bedroom (3%)

5+ Bedroom (2%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (76%)

91-180 nights (8%)

181-270 nights (6%)

271-365 nights (10%)

Listings by rental type

Type

Entire Home (90%)

Private Room (10%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (18.6%)

Moderate (37.9%)

Strict (39.3%)

Super Strict (4.2%)

Listings by Minimum Stay

1 Night (10.9%)

2 Nights (22.8%)

3 Nights (11.1%)

4-6 Nights (10.6%)

7-29 Nights (5.6%)

30+ Nights (39.0%)

What amenities do listings have?

Aircon

90%

Tv

81%

Pool

79%

Wireless Internet

74%

Washer

71%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
100.0%93
4.40
Evolve
30.5%27
4.69
Palm Beach Vacation Rentals, Inc
3-0.3%5
4.20
Easy Air Rentals
10.0%1
5.00

Occupancy

Occupancy Rate

38%

+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

$2,880,067

+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)

$38

+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

$38

-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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