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AirDNA Data: US Florida Key West

How is Key West performing?

84

Great
Market Score

69

Investability

70

Rental Demand

41

Revenue Growth

67

Seasonality

25

Regulation

Annual Revenue

$69.5K

+3%

past year

Occupancy Rate

58%

+4%

past year

Average Daily Rate

$578.1

+3%

past year

Revenue per Available Rental (RevPAR)

$325.1

+6%

past year

Key West Performance Details

Total available listings

3,877

+3%

past year

Listings by rental channel

Channel

Airbnb (25%)

Vrbo (43%)

Both (32%)

Listings by rental size

Bedrooms

1 Bedroom (34%)

2 Bedroom (38%)

3 Bedroom (17%)

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 (30%)

91-180 nights (21%)

181-270 nights (17%)

271-365 nights (31%)

Listings by rental type

Type

Entire Home (94%)

Private Room (6%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (2.8%)

Moderate (73.9%)

Strict (13.2%)

Super Strict (10.2%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (8.6%)

3 Nights (10.8%)

4-6 Nights (10.9%)

7-29 Nights (32.2%)

30+ Nights (37.4%)

What amenities do listings have?

Aircon

96%

Internet

96%

Tv

87%

Kitchen

84%

Wireless Internet

80%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Brightwild
1500.2%8506
4.64
Vacasa
132-0.0%7285
4.56
Last Key
930.3%1285
4.90
Timeshare - RoomPicks
908.0%24
4.37
Rent Key West Vacations
730.4%1800
4.78

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

$6,950,498

+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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USA

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Spain

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