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AirDNA Data: US Florida West Palm Beach

How is West Palm Beach performing?

68

Good
Market Score

70

Investability

65

Rental Demand

26

Revenue Growth

40

Seasonality

59

Regulation

Annual Revenue

$19.2K

+3%

past year

Occupancy Rate

36%

+4%

past year

Average Daily Rate

$223.5

+3%

past year

Revenue per Available Rental (RevPAR)

$118.2

+6%

past year

West Palm Beach Performance Details

Total available listings

10,402

+3%

past year

Listings by rental channel

Channel

Airbnb (61%)

Vrbo (24%)

Both (15%)

Listings by rental size

Bedrooms

1 Bedroom (43%)

2 Bedroom (29%)

3 Bedroom (18%)

4 Bedroom (7%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (77%)

91-180 nights (10%)

181-270 nights (6%)

271-365 nights (7%)

Listings by rental type

Type

Entire Home (83%)

Private Room (16%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (21.6%)

Moderate (36.6%)

Strict (36.7%)

Super Strict (5.1%)

Listings by Minimum Stay

1 Night (5.7%)

2 Nights (19.4%)

3 Nights (12.8%)

4-6 Nights (9.2%)

7-29 Nights (11.7%)

30+ Nights (41.3%)

What amenities do listings have?

Aircon

93%

Kitchen

87%

Tv

86%

Wireless Internet

85%

Parking

83%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
47-0.4%246
4.27
Palm Beach Vacation Rentals, Inc
350.0%188
4.87
Roami
3410.3%386
4.71
Evolve
340.4%422
4.63
Easy Air Rentals
26-0.2%542
4.87

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

$1,915,443

+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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