10 US beach cities where the average host can make $200,000 or more per year
Dan Latu
- These 10 US beach locations are expected to be rental hot spots this summer, according to AirDNA.
- California and Florida dominate the list, with South Carolina also making the Top 10.
It's an extremely competitive summer for hosts of vacation rentals.
Short-term rental hosts on Airbnb and Vrbo previously told Insider that high-end and low-end listings were being booked this summer. Travelers are either hunting for cheap, last-minute spots, and haggling for prices, or snapping up luxury rentals that feature sweeping views, high-end furnishings, and vacation accoutrements like a fire pit and a pool.
Analytics site AirDNA compiled a list of the 10 cities across the nation that are expected to bring in the biggest haul for hosts of large beach homes this summer.
The list calculates how often the average host is booked (average occupancy) and how much the average host is charging (average daily rate) to arrive at the annual revenue potential.
The most iconic beach states — California and Florida — dominate the list with spots like Destin, Florida, and Monterey Bay, California, along with cities like Miami and San Diego. Hilton Head, South Carolina also made into the list.
In all locations, AirDNA projects the average host could bring in around $200,000 or more this year. The following statistics are from the AirDNA report.
10. Charleston, South Carolina
Occupancy: 69%
Average Daily Rate: $830
Annual Potential Revenue: $197,415
9. San Diego
Occupancy: 70%
Average Daily Rate: $917
Annual Revenue Potential: $204,657
8. Santa Rosa/Rosemary Beach, Florida
Occupancy: 65%
Average Daily Rate: $914
Annual Revenue Potential: $206,520
7. San Francisco
Occupancy: 70%
Average Daily Rate: $915
Annual Revenue Potential: $211,628
5. Monterey Bay, California
Occupancy: 67%
Average Daily Rate: $980
Annual Revenue Potential: $215,132
5. Destin/Fort Walton Beach, Florida
Occupancy: 66%
Average Daily Rate: $988
Annual Revenue Potential: $215,381
4. Key West, Florida
Occupancy: 75%
Average Daily Rate: $939
Annual Revenue Potential: $225,223
3. Miami
Occupancy: 49%
Average Daily Rate: $1,684
Annual Revenue Potential: $226,262
2. Los Angeles
Occupancy: 60%
Average Daily Rate: $1,269
Annual Revenue Potential: $231,421
1. Santa Barbara, California
Occupancy: 66%
Average Daily Rate: $1,224
Annual Revenue Potential: $261,115
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