North Carolina’s beaches are a summer tourist destination. Occupancy spikes in June, July, and August and is very low for the rest of the year when the beaches are too windy and cold to enjoy fully. In 2019, the average length of stay for vacation rentals was a day shorter than in 2018.
The average renter in 2019 booked their vacations closer to their stay by 4 days on the Outer Banks and by 8 days on the Southern part of the coast. Overall, the region’s occupancy rate and the average daily rate increased slightly versus last year. The adjusted RevPAR increased for every submarket we analyzed, except Carolina Beach where 2019 matched 2018.
Over the next four weeks, we’ll be releasing similar reports for other destinations across the United States. We look forward to sharing our insights and hearing your feedback on your experiences. Follow Key Data on social media for more updates!