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AirDNA Data: US Florida Key West

How is Key West performing?

78

Good
Market Score

68

Investability

75

Rental Demand

46

Revenue Growth

50

Seasonality

31

Regulation

Annual Revenue

$72.2K

+3%

past year

Occupancy Rate

59%

+4%

past year

Average Daily Rate

$621.2

+3%

past year

Revenue per Available Rental (RevPAR)

$348.9

+6%

past year

Key West Performance Details

Total available listings

3,802

+3%

past year

Listings by rental channel

Channel

Airbnb (26%)

Vrbo (41%)

Both (34%)

Listings by rental size

Bedrooms

1 Bedroom (38%)

2 Bedroom (35%)

3 Bedroom (15%)

4 Bedroom (8%)

5+ Bedroom (4%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (29%)

91-180 nights (21%)

181-270 nights (21%)

271-365 nights (29%)

Listings by rental type

Type

Entire Home (93%)

Private Room (7%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (2.6%)

Moderate (71.8%)

Strict (13.3%)

Super Strict (12.4%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (8.5%)

3 Nights (10.0%)

4-6 Nights (10.9%)

7-29 Nights (30.9%)

30+ Nights (39.7%)

What amenities do listings have?

Aircon

97%

Internet

97%

Tv

89%

Kitchen

83%

Wireless Internet

82%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Timeshare - RoomPicks
1444.3%96
4.48
Brightwild
116-0.1%6735
4.68
Last Key
1020.3%1430
4.90
Vacasa
102-0.3%5304
4.58
Rent Key West Vacations
760.3%2079
4.79

Occupancy

Occupancy Rate

59%

+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

$7,216,901

+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)

$59

+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

$59

-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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