The Key Data vacation rentals year-end report is a summary of real-time vacation rental market data for the short-term rental industry. It encompasses 1800 properties in the Myrtle Beach area mostly made up of condo's and housing rentals.
Key Data is the Chamber/CVB's newest lodging metrics provider. They supply market-wide lodging trends to help optimize Visit Myrtle Beach marketing efforts and partner with local professional property managers to optimize business performance.
Key Data Vacation Rentals
YEAR END REPORT 2020
Quick Takeaway
The Myrtle Beach Area Average Length of stay in 2020 was slightly over a week at 7.4 Days, which was higher than in 2019.
Q4 in 2020 (Pandemic) had a higher Average Daily Rental Rate than in Q4 of 2019 (Pre-Pandemic) 2019: $84, 2020: $86