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AirDNA Data: US Virginia Chincoteague Island

How is Chincoteague Island performing?

75

Good
Market Score

88

Investability

57

Rental Demand

62

Revenue Growth

8

Seasonality

43

Regulation

Annual Revenue

$27.7K

+3%

past year

Occupancy Rate

58%

+4%

past year

Average Daily Rate

$281.3

+3%

past year

Revenue per Available Rental (RevPAR)

$166.6

+6%

past year

Chincoteague Island Performance Details

Total available listings

880

+3%

past year

Listings by rental channel

Channel

Airbnb (21%)

Vrbo (27%)

Both (52%)

Listings by rental size

Bedrooms

1 Bedroom (10%)

2 Bedroom (28%)

3 Bedroom (43%)

4 Bedroom (15%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (17%)

91-180 nights (35%)

181-270 nights (34%)

271-365 nights (14%)

Listings by rental type

Type

Entire Home (99%)

Private Room (1%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (1.4%)

Moderate (42.9%)

Strict (38.2%)

Super Strict (17.5%)

Listings by Minimum Stay

1 Night (0.1%)

2 Nights (34.9%)

3 Nights (37.4%)

4-6 Nights (2.5%)

7-29 Nights (3.2%)

30+ Nights (21.9%)

What amenities do listings have?

Aircon

99%

Internet

98%

Kitchen

96%

Wireless Internet

95%

Tv

91%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Seaside vacation rentals
1570.3%2935
4.67
Coastal Shore Vacations
1491.4%106
4.56
Island Getaways
1180.1%2437
4.82
Evolve
111.2%170
4.65

Occupancy

Occupancy Rate

58%

+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

$2,768,140

+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)

$58

+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

$58

-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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