Vacation Rental Data
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.
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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.
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.
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.
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.