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AirDNA Data: North Myrtle Beach

How is North Myrtle Beach performing?

72

Good
Market Score

88

Investability

71

Rental Demand

47

Revenue Growth

9

Seasonality

62

Regulation

Annual Revenue

$25.7K

+3%

past year

Occupancy Rate

41%

+4%

past year

Average Daily Rate

$250.4

+3%

past year

Revenue per Available Rental (RevPAR)

$138.3

+6%

past year

North Myrtle Beach Performance Details

Total available listings

21,569

+3%

past year

Listings by rental channel

Channel

Airbnb (33%)

Vrbo (39%)

Both (28%)

Listings by rental size

Bedrooms

1 Bedroom (15%)

2 Bedroom (35%)

3 Bedroom (30%)

4 Bedroom (12%)

5+ Bedroom (9%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (69%)

91-180 nights (10%)

181-270 nights (12%)

271-365 nights (9%)

Listings by rental type

Type

Entire Home (97%)

Private Room (3%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (6.0%)

Moderate (36.3%)

Strict (28.1%)

Super Strict (29.6%)

Listings by Minimum Stay

1 Night (10.7%)

2 Nights (18.3%)

3 Nights (20.7%)

4-6 Nights (6.5%)

7-29 Nights (11.6%)

30+ Nights (32.2%)

What amenities do listings have?

Kitchen

89%

Aircon

87%

Tv

85%

Washer

82%

Pool

81%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
4580.2%4883
4.45
Thomas Beach Vacations
345-0.1%785
4.37
Condo-World
320-0.0%37
4.19
Elliott Realty
257-0.2%65
4.14
Timeshare - Amanda
16814.3%48
4.85

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

$2,569,113

+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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