How is South Padre Island performing?
41
Okay
78
Investability
41
Rental Demand
40
Revenue Growth
14
Seasonality
45
Regulation
Annual Revenue
$34.4K
+3%
past year
Occupancy Rate
49%
+4%
past year
Average Daily Rate
$344
+3%
past year
Revenue per Available Rental (RevPAR)
$166.9
+6%
past year
South Padre Island Performance Details
Total available listings
4,151
+3%
past year
Listings by rental channel
Airbnb (29%)
Vrbo (17%)
Both (54%)
Listings by rental size
1 Bedroom (17%)
2 Bedroom (47%)
3 Bedroom (26%)
4 Bedroom (6%)
5+ Bedroom (5%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (20%)
91-180 nights (22%)
181-270 nights (32%)
271-365 nights (26%)
Listings by rental type
Entire Home (97%)
Private Room (3%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (9.3%)
Moderate (52.7%)
Strict (18.8%)
Super Strict (19.3%)
Listings by Minimum Stay
1 Night (0.1%)
2 Nights (46.8%)
3 Nights (23.0%)
4-6 Nights (5.6%)
7-29 Nights (1.4%)
30+ Nights (23.1%)
What amenities do listings have?
Aircon
100%
Internet
100%
Kitchen
97%
Wireless Internet
96%
Parking
92%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Vacasa | 244 | 0.0% | 5741 | 4.51 |
Padre Island Rentals | 212 | -0.0% | 4972 | 4.73 |
SPI Rentals, LLC. | 187 | -0.1% | 1405 | 4.65 |
RedAwning | 79 | -0.1% | 437 | 4.45 |
Franke Rentals | 61 | 0.3% | 113 | 4.68 |
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
$3,444,254
+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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