How is Virginia Beach performing?
58
Okay
69
Investability
63
Rental Demand
47
Revenue Growth
18
Seasonality
42
Regulation
Annual Revenue
$30.8K
+3%
past year
Occupancy Rate
57%
+4%
past year
Average Daily Rate
$353.7
+3%
past year
Revenue per Available Rental (RevPAR)
$200.2
+6%
past year
Virginia Beach Performance Details
Total available listings
3,265
+3%
past year
Listings by rental channel
Airbnb (45%)
Vrbo (21%)
Both (34%)
Listings by rental size
1 Bedroom (37%)
2 Bedroom (26%)
3 Bedroom (16%)
4 Bedroom (10%)
5+ Bedroom (11%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (35%)
91-180 nights (28%)
181-270 nights (20%)
271-365 nights (17%)
Listings by rental type
Entire Home (85%)
Private Room (15%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (9.4%)
Moderate (54.2%)
Strict (23.4%)
Super Strict (13.1%)
Listings by Minimum Stay
1 Night (0.4%)
2 Nights (25.1%)
3 Nights (24.7%)
4-6 Nights (9.9%)
7-29 Nights (12.3%)
30+ Nights (27.6%)
What amenities do listings have?
Internet
99%
Aircon
99%
Wireless Internet
93%
Heating
90%
Parking
90%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Vacasa | 156 | -0.2% | 1516 | 4.43 |
Timeshare - RoomPicks | 77 | -0.3% | 314 | 4.57 |
Timeshare - Ryan | 65 | 0.1% | 98 | 4.79 |
VB Timeshare Rentals, Inc. | 59 | 0.4% | 322 | 4.66 |
Timeshare - Luxury | 58 | 0.2% | 100 | 4.66 |
Occupancy
Occupancy Rate
57%
+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
$3,078,234
+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)
$57
+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
$57
-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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