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AirDNA Data: US South Carolina Myrtle Beach

How is Myrtle Beach performing?

66

Good
Market Score

92

Investability

59

Rental Demand

51

Revenue Growth

9

Seasonality

34

Regulation

Annual Revenue

$27.1K

+3%

past year

Occupancy Rate

53%

+4%

past year

Average Daily Rate

$241.4

+3%

past year

Revenue per Available Rental (RevPAR)

$133.6

+6%

past year

Myrtle Beach Performance Details

Total available listings

21,417

+3%

past year

Listings by rental channel

Channel

Airbnb (30%)

Vrbo (26%)

Both (43%)

Listings by rental size

Bedrooms

1 Bedroom (46%)

2 Bedroom (32%)

3 Bedroom (15%)

4 Bedroom (4%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (24%)

91-180 nights (20%)

181-270 nights (28%)

271-365 nights (27%)

Listings by rental type

Type

Entire Home (89%)

Private Room (11%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (4.3%)

Moderate (68.8%)

Strict (20.4%)

Super Strict (6.5%)

Listings by Minimum Stay

1 Night (0.2%)

2 Nights (34.9%)

3 Nights (22.2%)

4-6 Nights (5.3%)

7-29 Nights (5.2%)

30+ Nights (32.1%)

What amenities do listings have?

Internet

99%

Aircon

99%

Tv

93%

Kitchen

93%

Parking

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Timeshare - Amanda
1685111.3%728
4.41
Vacasa
772-0.0%10358
4.34
The Litchfield Company
57120.1%274
4.60
Evolve
3550.1%7103
4.63
Big Fish Rentals
3540.1%14906
4.59

Occupancy

Occupancy Rate

53%

+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

$2,707,215

+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)

$53

+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

$53

-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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