Vacation Rental Data
Summer 2021
The summer of 2020 saw an increase in vacation rental occupancy compared to previous summers. A number of factors related to the pandemic appear to have contributed including many of our local hotels being closed or open only at significantly reduced capacity. Occupancy numbers for the summer of 2021 has fallen slightly from those highs, while ADR has continued to climb.
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PROFESSIONALLY MANAGED HOMES
For the months of June, July and August, paid guest occupancy in vacation rental homes was 37.9%, down from 42% for the same time period in 2020.
Average Daily Rate (ADR)
ADR for summer of 2021 was $399, up from last summer’s average of $328.
OTA Occupancy
OTA calendar occupancy was 61.5% for June – August of 2021, which is also down from an average of 69.2% for June-August of 2020. Note, the graph below also includes professionally managed “calendar occupancy” which includes dates occupied by owners, maintenance holds and other non-paid calendar blocks. OTA calendars do not indicate whether reservations are paid guest stays or non-paid calendar blocks.
