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AirDNA Data: US South Carolina Myrtle Beach

How is Myrtle Beach performing?

77

Good
Market Score

92

Investability

57

Rental Demand

58

Revenue Growth

9

Seasonality

44

Regulation

Annual Revenue

$28K

+3%

past year

Occupancy Rate

54%

+4%

past year

Average Daily Rate

$241.1

+3%

past year

Revenue per Available Rental (RevPAR)

$133.6

+6%

past year

Myrtle Beach Performance Details

Total available listings

21,038

+3%

past year

Listings by rental channel

Channel

Airbnb (29%)

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 (23%)

91-180 nights (20%)

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 (5.4%)

Moderate (69.6%)

Strict (18.5%)

Super Strict (6.5%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (38.2%)

3 Nights (22.5%)

4-6 Nights (5.0%)

7-29 Nights (4.9%)

30+ Nights (29.4%)

What amenities do listings have?

Internet

99%

Aircon

98%

Tv

93%

Kitchen

93%

Parking

93%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Timeshare - Amanda
16653.8%807
4.41
Vacasa
731-0.0%9923
4.35
The Litchfield Company
55520.3%306
4.61
Big Fish Rentals
3630.3%15164
4.59
Evolve
3380.1%6810
4.64

Occupancy

Occupancy Rate

54%

+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

$2,798,563

+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)

$54

+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

$54

-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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