How is South Padre Island performing?
47
Okay
86
Investability
41
Rental Demand
33
Revenue Growth
13
Seasonality
46
Regulation
Annual Revenue
$34.1K
+3%
past year
Occupancy Rate
49%
+4%
past year
Average Daily Rate
$336
+3%
past year
Revenue per Available Rental (RevPAR)
$162.6
+6%
past year
South Padre Island Performance Details
Total available listings
4,267
+3%
past year
Listings by rental channel
Airbnb (29%)
Vrbo (18%)
Both (52%)
Listings by rental size
1 Bedroom (16%)
2 Bedroom (47%)
3 Bedroom (26%)
4 Bedroom (6%)
5+ Bedroom (4%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (22%)
91-180 nights (21%)
181-270 nights (33%)
271-365 nights (24%)
Listings by rental type
Entire Home (97%)
Private Room (3%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (7.4%)
Moderate (53.6%)
Strict (21.1%)
Super Strict (18.0%)
Listings by Minimum Stay
1 Night (0.1%)
2 Nights (45.5%)
3 Nights (24.9%)
4-6 Nights (3.7%)
7-29 Nights (5.2%)
30+ Nights (20.6%)
What amenities do listings have?
Internet
99%
Aircon
99%
Kitchen
97%
Wireless Internet
94%
Parking
91%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Vacasa | 254 | 0.1% | 5667 | 4.49 |
Padre Island Rentals | 201 | -0.0% | 4806 | 4.73 |
SPI Rentals, LLC. | 177 | -0.1% | 1267 | 4.63 |
RedAwning | 81 | -0.1% | 423 | 4.42 |
Sweet Spot | 60 | -0.1% | 137 | 4.43 |
Occupancy
Occupancy Rate
49%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$3,411,732
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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)
$49
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$49
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat 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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