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AirDNA Data: US South Carolina North Myrtle Beach

How is North Myrtle Beach performing?

74

Good
Market Score

95

Investability

66

Rental Demand

40

Revenue Growth

12

Seasonality

42

Regulation

Annual Revenue

$38K

+3%

past year

Occupancy Rate

57%

+4%

past year

Average Daily Rate

$336.1

+3%

past year

Revenue per Available Rental (RevPAR)

$191.8

+6%

past year

North Myrtle Beach Performance Details

Total available listings

10,750

+3%

past year

Listings by rental channel

Channel

Airbnb (25%)

Vrbo (27%)

Both (48%)

Listings by rental size

Bedrooms

1 Bedroom (16%)

2 Bedroom (33%)

3 Bedroom (29%)

4 Bedroom (12%)

5+ Bedroom (9%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (23%)

91-180 nights (24%)

181-270 nights (29%)

271-365 nights (24%)

Listings by rental type

Type

Entire Home (96%)

Private Room (4%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (3.7%)

Moderate (60.8%)

Strict (15.1%)

Super Strict (20.4%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (32.7%)

3 Nights (31.9%)

4-6 Nights (10.9%)

7-29 Nights (7.5%)

30+ Nights (16.9%)

What amenities do listings have?

Aircon

99%

Internet

99%

Kitchen

98%

Wireless Internet

94%

Heating

93%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Vacasa
4280.0%6171
4.48
Thomas Beach Vacations
328-0.1%784
4.35
Elliott Realty
235-0.3%135
4.29
Condo-World
234-0.3%46
4.22
Timeshare - Amanda
15210.7%26
4.46

Occupancy

Occupancy Rate

57%

+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

$3,802,683

+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)

$57

+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

$57

-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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