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AirDNA Data: US California Pacific Grove

How is Pacific Grove performing?

93

Great
Market Score

26

Investability

80

Rental Demand

59

Revenue Growth

85

Seasonality

57

Regulation

Annual Revenue

$52K

+3%

past year

Occupancy Rate

64%

+4%

past year

Average Daily Rate

$364.1

+3%

past year

Revenue per Available Rental (RevPAR)

$230.4

+6%

past year

Pacific Grove Performance Details

Total available listings

366

+3%

past year

Listings by rental channel

Channel

Airbnb (48%)

Vrbo (19%)

Both (33%)

Listings by rental size

Bedrooms

1 Bedroom (38%)

2 Bedroom (29%)

3 Bedroom (25%)

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 (33%)

91-180 nights (13%)

181-270 nights (14%)

271-365 nights (40%)

Listings by rental type

Type

Entire Home (85%)

Private Room (15%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (4.7%)

Moderate (73.4%)

Strict (17.5%)

Super Strict (4.4%)

Listings by Minimum Stay

1 Night (1.1%)

2 Nights (14.2%)

3 Nights (12.8%)

4-6 Nights (2.2%)

7-29 Nights (5.7%)

30+ Nights (63.9%)

What amenities do listings have?

Internet

100%

Wireless Internet

96%

Heating

90%

Kitchen

81%

Tv

77%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Sanctuary Vacation Rentals
480.0%764
4.85
The Seven Gables Inn
250.0%1142
4.88
Carmel Coast Estate, Inc.
50.0%8
4.63
Grand Welcome
22.0%2
5.00
LUXEVACA
1-0.5%3
5.00

Occupancy

Occupancy Rate

64%

+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

$5,204,446

+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)

$64

+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

$64

-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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