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AirDNA Data: US Virginia Virginia Beach

How is Virginia Beach performing?

68

Good
Market Score

81

Investability

60

Rental Demand

54

Revenue Growth

15

Seasonality

36

Regulation

Annual Revenue

$34.8K

+3%

past year

Occupancy Rate

58%

+4%

past year

Average Daily Rate

$356.3

+3%

past year

Revenue per Available Rental (RevPAR)

$212.4

+6%

past year

Virginia Beach Performance Details

Total available listings

3,390

+3%

past year

Listings by rental channel

Channel

Airbnb (44%)

Vrbo (25%)

Both (31%)

Listings by rental size

Bedrooms

1 Bedroom (35%)

2 Bedroom (27%)

3 Bedroom (17%)

4 Bedroom (10%)

5+ Bedroom (11%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (36%)

91-180 nights (24%)

181-270 nights (19%)

271-365 nights (21%)

Listings by rental type

Type

Entire Home (86%)

Private Room (14%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (7.8%)

Moderate (60.6%)

Strict (21.1%)

Super Strict (10.4%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (25.7%)

3 Nights (23.1%)

4-6 Nights (9.2%)

7-29 Nights (14.5%)

30+ Nights (27.5%)

What amenities do listings have?

Internet

99%

Aircon

98%

Heating

90%

Parking

90%

Wireless Internet

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
150-0.2%1148
4.46
Timeshare - Ryan
610.1%98
4.79
VB Timeshare Rentals, Inc.
590.7%296
4.64
Timeshare - Luxury
580.2%99
4.67
Timeshare - RoomPicks
56-0.1%171
4.55

Occupancy

Occupancy Rate

58%

+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

$3,482,197

+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)

$58

+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

$58

-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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