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AirDNA Data: US South Carolina Myrtle Beach

How is Myrtle Beach performing?

76

Good
Market Score

91

Investability

58

Rental Demand

59

Revenue Growth

8

Seasonality

44

Regulation

Annual Revenue

$28.4K

+3%

past year

Occupancy Rate

55%

+4%

past year

Average Daily Rate

$245.1

+3%

past year

Revenue per Available Rental (RevPAR)

$135.4

+6%

past year

Myrtle Beach Performance Details

Total available listings

20,468

+3%

past year

Listings by rental channel

Channel

Airbnb (28%)

Vrbo (25%)

Both (48%)

Listings by rental size

Bedrooms

1 Bedroom (44%)

2 Bedroom (32%)

3 Bedroom (16%)

4 Bedroom (4%)

5+ Bedroom (4%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (21%)

91-180 nights (21%)

181-270 nights (27%)

271-365 nights (31%)

Listings by rental type

Type

Entire Home (88%)

Private Room (12%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (5.8%)

Moderate (68.1%)

Strict (19.4%)

Super Strict (6.8%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (39.4%)

3 Nights (22.1%)

4-6 Nights (5.5%)

7-29 Nights (5.1%)

30+ Nights (27.9%)

What amenities do listings have?

Internet

99%

Aircon

99%

Tv

93%

Parking

93%

Kitchen

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Timeshare - Amanda
1648-0.1%860
4.41
Vacasa
649-0.2%8944
4.35
The Litchfield Company
553-0.2%370
4.52
Big Fish Rentals
3650.1%15179
4.59
Evolve
317-0.1%6429
4.65

Occupancy

Occupancy Rate

55%

+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

$2,839,510

+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)

$55

+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

$55

-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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