Tourism Tides: How Average Daily Rates Affect Short-Term Rental Market Performance

In this analysis, we will explore the impact of average daily rates (ADR) on short-term rental market performance. We will examine the data for several cities, including Logan, Utah, which had a mean ADR of $2,456.20 in 2024 (1) and an occupancy rate of 74.2% (2). Our analysis will compare their ADRs, occupancy rates, and return on investment (ROI) to identify trends and insights, similar to the findings in The Evolving Short-Term Rental Market in Utah.

City Analysis

We will start by analyzing the data for several cities, including Logan, Utah, which had a mean ADR of $2,456.20 in 2024 (1) and an occupancy rate of 74.2% (2). We will also examine the data for Napeague, New York, which had a mean ADR of $1,223.33 in 2024 (3) and a total of 6 listings (4), and Paradise Valley, Arizona, which had a mean ADR of $1,056.75 in 2024 (5) and a total of 55 listings (6). By comparing the ADRs, occupancy rates, and ROI for these cities, we can gain insights into the trends and patterns that shape the short-term rental market, as seen in the Short-Term Rental Market Outlook.

Let's start with Logan, Utah, which has a mean ADR of $2,456.20 and an occupancy rate of 74.2%. This high ADR suggests that Logan is a premium market, but the limited number of listings may indicate a lack of supply, similar to the findings in the Top 10 Short-Term Rental Markets in Virginia.

Next, let's look at Napeague, New York, which has a mean ADR of $1,223.33 and a total of 6 listings. This ADR is significantly lower than Logan, Utah, but the higher number of listings may indicate a more competitive market, similar to the findings in the 10 Best Short-Term Rental Markets in Washington.

Finally, let's examine Paradise Valley, Arizona, which has a mean ADR of $1,056.75 and a total of 55 listings. This ADR is higher than Napeague, New York, but lower than Logan, Utah. However, the large number of listings in Paradise Valley suggests a more mature market, similar to the findings in the 6 Best Short-Term Rental Markets in South Dakota.

When comparing the three cities, we can see that Logan, Utah has the highest ADR, but the fewest listings. Napeague, New York has a lower ADR, but more listings, while Paradise Valley, Arizona has a moderate ADR and a large number of listings.

Next, we will examine the occupancy rates for each city. According to the data, Logan, Utah has an occupancy rate of 74.2% (2), Napeague, New York has an occupancy rate of 78.5% (7), and Paradise Valley, Arizona has an occupancy rate of 65.1% (8). Unfortunately, the data for ROI is incomplete for these cities.

Finally, we will examine the ROI for each city. According to the data, Logan, Utah has an ROI of 12.1% (9), Napeague, New York has an ROI of 10.2% (10), and Paradise Valley, Arizona has an ROI of 9.5% (11). Unfortunately, the data for occupancy rates and ROI is incomplete for some cities.

In conclusion, this analysis has shown that the ADR, occupancy rate, and ROI for short-term rental markets can vary significantly from city to city. By examining the data for several cities, we can gain insights into the trends and patterns that shape these markets.

Conclusion

This analysis has provided a comprehensive examination of the short-term rental market in several cities. By examining the data for these cities, we can gain insights into the trends and patterns that shape these markets. While the data for occupancy rates and ROI is incomplete for some cities, the analysis has still provided valuable insights into the impact of ADR on short-term rental market performance.

In the future, it would be beneficial to collect more complete data for occupancy rates and ROI to gain a more comprehensive understanding of the short-term rental market. Additionally, further analysis of the data could provide more detailed insights into the trends and patterns that shape these markets, as seen in Short-Term Rental Regulations vs. Hotel Licensing.