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AirDNA Data: US North Carolina Corolla

How is Corolla performing?

81

Great
Market Score

72

Investability

80

Rental Demand

55

Revenue Growth

15

Seasonality

45

Regulation

Annual Revenue

$59.2K

+3%

past year

Occupancy Rate

68%

+4%

past year

Average Daily Rate

$551.6

+3%

past year

Revenue per Available Rental (RevPAR)

$376.8

+6%

past year

Corolla Performance Details

Total available listings

2,680

+3%

past year

Listings by rental channel

Channel

Airbnb (11%)

Vrbo (50%)

Both (38%)

Listings by rental size

Bedrooms

1 Bedroom (1%)

2 Bedroom (5%)

3 Bedroom (8%)

4 Bedroom (23%)

5+ Bedroom (62%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (24%)

91-180 nights (34%)

181-270 nights (27%)

271-365 nights (15%)

Listings by rental type

Type

Entire Home (100%)

Private Room (0%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (0.6%)

Moderate (65.8%)

Strict (6.0%)

Super Strict (27.6%)

Listings by Minimum Stay

1 Night (1.2%)

2 Nights (5.9%)

3 Nights (43.1%)

4-6 Nights (4.8%)

7-29 Nights (34.1%)

30+ Nights (10.9%)

What amenities do listings have?

Internet

100%

Kitchen

99%

Washer

99%

Aircon

97%

Dryer

97%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Village Realty
2850.2%496
4.54
Vacasa
120-0.3%1314
4.43
Seaside vacation rentals
1030.1%429
4.48
Book Smart Properties
511.0%734
4.74
Carolina Shores
460.4%21
4.19

Occupancy

Occupancy Rate

68%

+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

$5,915,635

+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)

$68

+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

$68

-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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