Vacation Rental Data
January
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PROFESSIONALLY MANAGED HOMES
For the month of January 2023, paid guest occupancy in vacation rental homes was 52.6% compared to 61.1% in 2022 and 38.5% in 2020.
AVERAGE DAILY RATE (ADR)
For the month of January 2023, paid guest occupancy in vacation rental homes was 52.6% compared to 61.1% in 2022 and 38.5% in 2020.
OTA OCCUPANCY
OTA calendar occupancy was 64.4% for January 2023, down from 71.3% in 2022, and up from 47% in 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.
December
PROFESSIONALLY MANAGED HOMES
For the month of December 2022, paid guest occupancy in vacation rental homes was 36.6% compared to 49.8% in 2021 and 20.2% in 2019.
AVERAGE DAILY RATE (ADR)
ADR for December of 2022 was $487, down from $507 in 2021, and up from $381 in 2019.
OTA OCCUPANCY
OTA calendar occupancy was 55.7% for December 2022, down from 64.5% in 2021, and up from 32.9% in 2019. 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.
November
PROFESSIONALLY MANAGED HOMES
For the month of November 2022, paid guest occupancy in vacation rental homes was 43% compared to 49% in 2021 and 23.9% in 2019.
AVERAGE DAILY RATE (ADR)
ADR for November of 2022 was $461, up from $452 in 2021, and $347 in 2019.
OTA OCCUPANCY
OTA calendar occupancy was 59.7% for November 2022, down from 64.4% the previous year. 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.
October 2022
In October 2022, ADR for professionally managed vacation rentals stayed static compared to the previous year, up only $2 from 2021, but up an average of $80 per night from the same period in 2019. Paid occupancy was at 26.5%, compared to 37.1% in 2021 and 15.7% in 2019.
PROFESSIONALLY MANAGED HOMES
For the months of October 2022, paid guest occupancy in vacation rental homes was 26.5% compared to 37.1% in 2021 and 15.7% in 2019.
AVERAGE DAILY RATE (ADR)
ADR for October of 2022 was $400, up from $398 in 2021, and $322 in 2019.
OTA OCCUPANCY
OTA calendar occupancy was 48.8% for October 2022, down from 56.7% the previous year. 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.
Summer 2022
From June - September 2022, professionally managed vacation rentals saw an increase in ADR over previous years, up 6% from 2021 and 16% from 2020. Paid occupancy was at 21.2%, compared to 34.2% in 2021 and 38.9% in 2020.
PROFESSIONALLY MANAGED HOMES
For the months of June-September 2022, paid guest occupancy in vacation rental homes was 21.2% compared to 34.2% in 2021 and 38.9% in 2020.
AVERAGE DAILY RATE (ADR)
ADR for June-September of 2022 was $410, up from $386 in 2021 and $353 in 2020.
OTA OCCUPANCY
OTA calendar occupancy was 43.9% for June-September 2022, down from 53.4% the previous year. 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.
May 2022
Professionally managed vacation rentals saw an increase in ADR over previous years, up 18% from 2021 and 96% from 2020. Paid occupancy was 29.9%, compared to 44.7% in May of 2021 and 13.6% in May of 2020.
PROFESSIONALLY MANAGED HOMES
In May 2022, paid guest occupancy in vacation rental homes was 29.9% compared to 44.7% in 2021, and 13.6% in 2020.
AVERAGE DAILY RATE (ADR)
ADR for May 2022 was $565, up 18% from 2021 and 96% in 2020.
OTA OCCUPANCY
OTA calendar occupancy was 50.9% for May 2022, which is slightly down from 59.3% the previous year. Note, this graph 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.
March & April 2022
With the first return of big spring events like the BNP Paribas Open and Coachella Valley Music & Arts Festival since 2019, professionally managed vacation rentals saw increases in occupancy and ADR over previous years. Paid occupancy during the months of March & April of 2019 was 66% while 2022 was 71%. ADR was also up at an average of $610 a night compared to 2019's $343 a night average.
PROFESSIONALLY MANAGED HOMES
For the months of March and April 2022, paid guest occupancy in vacation rental homes was 71% compared to 64% in 2021 and 50% in 2020 at the start of the pandemic.
AVERAGE DAILY RATE (ADR)
ADR for March & April of 2022 was $610, up from $469 in 2021 and $275 in 2020, at the start of the pandemic.
OTA OCCUPANCY
OTA calendar occupancy was 78% for March & April 2022, which is up from 72% the previous year. 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.
January & February 2022
Vacation rental occupancy and ADR from professionally managed homes is outpacing the previous two years in the first two months of 2022, while length of stay appears to be down slightly at 11.8 nights on average for the first two months of 2022, compared to 13 nights in 2021, and 14.7 nights in 2020.
PROFESSIONALLY MANAGED HOMES
For the months of January and February 2022, paid guest occupancy in vacation rental homes was 68.5%, up from 52.3% for the same time period in 2020, prior to the pandemic.
Average Daily Rate (ADR)
ADR for January & February of 2022 was $426, up from $377 in 2021 and $255 in 2020, prior to the pandemic.
OTA Occupancy
OTA calendar occupancy was 75.9% for January & February 2022, which is up from 66.3% the previous year. 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.
