AirDNA Data: US→ New Jersey→ Ocean City
How is Ocean City performing?
26
Bad
34
Investability
62
Rental Demand
44
Revenue Growth
9
Seasonality
42
Regulation
Annual Revenue
$39.4K
+3%
past year
Occupancy Rate
58%
+4%
past year
Average Daily Rate
$478.9
+3%
past year
Revenue per Available Rental (RevPAR)
$274.9
+6%
past year
Ocean City Performance Details
Total available listings
1,691
+3%
past year
Listings by rental channel
Airbnb (33%)
Vrbo (39%)
Both (28%)
Listings by rental size
1 Bedroom (21%)
2 Bedroom (14%)
3 Bedroom (30%)
4 Bedroom (18%)
5+ Bedroom (17%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (29%)
91-180 nights (40%)
181-270 nights (22%)
271-365 nights (9%)
Listings by rental type
Entire Home (94%)
Private Room (6%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (7.7%)
Moderate (63.6%)
Strict (24.6%)
Super Strict (4.0%)
Listings by Minimum Stay
1 Night (0.4%)
2 Nights (23.2%)
3 Nights (21.5%)
4-6 Nights (7.0%)
7-29 Nights (32.2%)
30+ Nights (15.7%)
What amenities do listings have?
Aircon
98%
Internet
97%
Kitchen
90%
Tv
88%
Wireless Internet
88%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 21 | 0.8% | 150 | 4.68 |
Zenneth Manor Inn | 14 | 0.1% | 832 | 4.95 |
Heightened Hospitality | 10 | 0.3% | 137 | 4.89 |
Cozy Cohost LLC | 4 | 0.3% | 14 | 4.92 |
Host House LLC | 4 | 4.0% | 43 | 4.78 |
Occupancy
Occupancy Rate
58%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$3,944,433
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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)
Register to see moreBest Month
Register to see moreWhat 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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