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AirDNA Data: US Maryland Ocean City

How is Ocean City performing?

56

Okay
Market Score

55

Investability

61

Rental Demand

39

Revenue Growth

5

Seasonality

55

Regulation

Annual Revenue

$17.9K

+3%

past year

Occupancy Rate

41%

+4%

past year

Average Daily Rate

$227.3

+3%

past year

Revenue per Available Rental (RevPAR)

$123.8

+6%

past year

Ocean City Performance Details

Total available listings

19,716

+3%

past year

Listings by rental channel

Channel

Airbnb (33%)

Vrbo (39%)

Both (28%)

Listings by rental size

Bedrooms

1 Bedroom (19%)

2 Bedroom (42%)

3 Bedroom (28%)

4 Bedroom (6%)

5+ Bedroom (4%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (68%)

91-180 nights (16%)

181-270 nights (11%)

271-365 nights (4%)

Listings by rental type

Type

Entire Home (99%)

Private Room (1%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (7.0%)

Moderate (50.1%)

Strict (20.9%)

Super Strict (22.0%)

Listings by Minimum Stay

1 Night (5.3%)

2 Nights (31.3%)

3 Nights (36.3%)

4-6 Nights (4.3%)

7-29 Nights (12.5%)

30+ Nights (10.4%)

What amenities do listings have?

Aircon

90%

Kitchen

90%

Tv

85%

Washer

85%

Parking

79%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
1403-0.1%10500
4.28
Seaside vacation rentals
2340.8%822
4.65
Holiday Real Estate, Inc
215215.0%48
4.18
Shoreline Properties
1201.4%71
4.20
Evolve
780.2%1393
4.69

Occupancy

Occupancy Rate

41%

+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

$1,794,807

+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)

$41

+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

$41

-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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