Coastal Conquest: ADR Gains in Top Short-Term Rental Destinations
In the realm of short-term rentals, certain cities have emerged as top performers, boasting impressive Average Daily Rates (ADR) and occupancy rates. Let's delve into the data-driven analysis of these coastal conquerors.
Top Cities by ADR
According to our data, the following cities take the top spots in terms of ADR:
- Bay City, TX: ADR of $136.83, occupancy rate of 39.5%
- Mulberry, SC: ADR of $529, occupancy rate of 30%
- Solana, FL: ADR of $290.31, occupancy rate of 45.92%
- Robinhood, MS: ADR of $105, occupancy rate of 53%
- Ocala Estates, FL: ADR of $182, occupancy rate of 75%
- Ventura, IA: ADR of $375, occupancy rate of 27%
- Benton Heights, MI: ADR of $118.75, occupancy rate of 25%
- Riviera Beach, FL: ADR of $858, occupancy rate of 90%
- Long Hill, CT: ADR of $160, occupancy rate of 45%
- Beverly Beach, FL: ADR of $552.5, occupancy rate of 80%
These cities have demonstrated remarkable performance in the short-term rental market, with some boasting ADRs upwards of $800 and occupancy rates above 90%.
Occupancy Rates
When it comes to occupancy rates, the following cities take the top spots:
- Bay City, TX: Occupancy rate of 39.5%
- Mulberry, SC: Occupancy rate of 30%
- Solana, FL: Occupancy rate of 45.92%
- Robinhood, MS: Occupancy rate of 53%
- Ocala Estates, FL: Occupancy rate of 75%
- Ventura, IA: Occupancy rate of 27%
- Benton Heights, MI: Occupancy rate of 25%
- Riviera Beach, FL: Occupancy rate of 90%
- Long Hill, CT: Occupancy rate of 45%
- Beverly Beach, FL: Occupancy rate of 80%
These occupancy rates indicate a high demand for short-term rentals in these cities, making them attractive destinations for potential investors.
Market Trends
Looking at the data, we can see that the top cities by ADR have also experienced significant growth in occupancy rates. This trend suggests that the short-term rental market in these cities is highly competitive and in high demand.
Investment Opportunities
For potential investors, the top cities by ADR and occupancy rates present significant opportunities for growth and returns on investment. By analyzing the data and market trends, investors can make informed decisions about where to invest their money.
Conclusion
In conclusion, the top cities by ADR and occupancy rates have demonstrated remarkable performance in the short-term rental market. By analyzing the data and market trends, investors can make informed decisions about where to invest their money and capitalize on the opportunities presented by these coastal conquerors.
For more information on short-term rental markets and investment opportunities, be sure to check out our related articles:
Key Figures
Below are the key figures for the top cities by ADR:
- Bay City, TX: ADR of $136.83, occupancy rate of 39.5%
- Mulberry, SC: ADR of $529, occupancy rate of 30%
- Solana, FL: ADR of $290.31, occupancy rate of 45.92%
- Robinhood, MS: ADR of $105, occupancy rate of 53%
- Ocala Estates, FL: ADR of $182, occupancy rate of 75%
- Ventura, IA: ADR of $375, occupancy rate of 27%
- Benton Heights, MI: ADR of $118.75, occupancy rate of 25%
- Riviera Beach, FL: ADR of $858, occupancy rate of 90%
- Long Hill, CT: ADR of $160, occupancy rate of 45%
- Beverly Beach, FL: ADR of $552.5, occupancy rate of 80%
Comparison of ADR and Occupancy Rates
When comparing the ADR and occupancy rates of these cities, we can see that Riviera Beach, FL has the highest ADR at $858, while Ocala Estates, FL has the highest occupancy rate at 75%.
