Waves, North Carolina short-term rentals run an average of 62% occupancy and $323 RevPAR across the year.
Waves short-term rentals run 62% average occupancy across the year, producing an annual RevPAR of $323 — occupancy multiplied by average daily rate.
From July 2025 to July 2026, Waves's occupancy is down 15.6% and RevPAR is down 39.2%.
On AirDNA's seasonality scale, Waves scores 41 out of 100, where a higher score means steadier demand year-round and a lower score means sharper peak-and-trough swings.
Waves's Seasonality subscore is 41 out of 100, one of five inputs to its overall Market Score of 47. A higher score means steadier demand across the year.
Seasonality is the percentage gap between Waves's lowest and highest monthly average revenue over the past year — the smaller the swing, the higher the score.
It is benchmarked against other short-term rental markets in the same country with at least 15 active listings.
Market-level averages hide wide variation. Here's how to go deeper in the app:
Key definitions

How occupancy and RevPAR rise and fall through the year in Waves, month by month.
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Frequently asked
Waves runs 62% annual occupancy.
Waves's short-term rental occupancy is down 15.6% from July 2025 to July 2026, currently 62% of available nights booked.
RevPAR (revenue per available rental) is occupancy multiplied by average daily rate. It reflects what a listing earns across every available night. Waves's annual RevPAR is $323.
Waves's RevPAR is down 39.2% from July 2025 to July 2026, currently $323.
Waves scores 41 out of 100 on AirDNA's seasonality scale. Higher scores mean steadier demand year-round.
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