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AirDNA Data: US South Carolina Myrtle Beach

How is Myrtle Beach performing?

66

Good
Market Score

91

Investability

59

Rental Demand

50

Revenue Growth

9

Seasonality

33

Regulation

Annual Revenue

$27.7K

+3%

past year

Occupancy Rate

53%

+4%

past year

Average Daily Rate

$240.3

+3%

past year

Revenue per Available Rental (RevPAR)

$132.4

+6%

past year

Myrtle Beach Performance Details

Total available listings

21,199

+3%

past year

Listings by rental channel

Channel

Airbnb (30%)

Vrbo (26%)

Both (44%)

Listings by rental size

Bedrooms

1 Bedroom (45%)

2 Bedroom (32%)

3 Bedroom (15%)

4 Bedroom (4%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (24%)

91-180 nights (19%)

181-270 nights (27%)

271-365 nights (30%)

Listings by rental type

Type

Entire Home (89%)

Private Room (11%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (5.5%)

Moderate (69.1%)

Strict (19.0%)

Super Strict (6.5%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (36.3%)

3 Nights (22.3%)

4-6 Nights (5.0%)

7-29 Nights (5.1%)

30+ Nights (31.2%)

What amenities do listings have?

Internet

99%

Aircon

99%

Tv

93%

Kitchen

93%

Parking

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Timeshare - Amanda
16675.3%764
4.41
Vacasa
757-0.0%10219
4.34
The Litchfield Company
57020.9%301
4.57
Big Fish Rentals
3680.2%14903
4.59
Evolve
3490.1%7007
4.63

Occupancy

Occupancy Rate

53%

+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

$2,765,062

+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)

$53

+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

$53

-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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