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AirDNA Data: US Maryland Ocean City

How is Ocean City performing?

55

Okay
Market Score

70

Investability

52

Rental Demand

57

Revenue Growth

6

Seasonality

45

Regulation

Annual Revenue

$28.6K

+3%

past year

Occupancy Rate

57%

+4%

past year

Average Daily Rate

$325.5

+3%

past year

Revenue per Available Rental (RevPAR)

$186.3

+6%

past year

Ocean City Performance Details

Total available listings

9,526

+3%

past year

Listings by rental channel

Channel

Airbnb (28%)

Vrbo (27%)

Both (45%)

Listings by rental size

Bedrooms

1 Bedroom (21%)

2 Bedroom (43%)

3 Bedroom (27%)

4 Bedroom (6%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (25%)

91-180 nights (39%)

181-270 nights (24%)

271-365 nights (12%)

Listings by rental type

Type

Entire Home (99%)

Private Room (1%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (2.6%)

Moderate (72.2%)

Strict (11.5%)

Super Strict (13.7%)

Listings by Minimum Stay

1 Night (0.2%)

2 Nights (39.2%)

3 Nights (40.3%)

4-6 Nights (4.2%)

7-29 Nights (10.2%)

30+ Nights (5.9%)

What amenities do listings have?

Kitchen

97%

Internet

95%

Aircon

95%

Parking

90%

Tv

88%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
12750.3%13186
4.34
Seaside vacation rentals
2360.4%1028
4.66
Holiday Real Estate, Inc
2320.3%165
4.13
Shoreline Properties
2181.8%136
4.24
Coastal Resort Rentals
20915.1%280
4.41

Occupancy

Occupancy Rate

57%

+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

$2,863,584

+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)

$57

+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

$57

-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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