Seagrove Beach
Revenue Overview
In 2024 , we achieved year-over-year growth across all three key performance indicators — Occupancy , ADR , and RevPAR — compared to 2023 . In contrast , the Market experienced declines in both Occupancy and RevPAR . Moving forward , we plan to adjust rates downward during periods where higher rates were achieved in recent years to drive Occupancy and optimize revenue for your home .
2024 Annual Revenue Performance
KPIs AS OF JANUARY 1 , 2025 360 BLUE 2024 VS MARKET 2024
OCCUPANCY |
41.6 % |
VS |
45.5 % |
YOY OCCUPANCY CHANGE |
3.5 % |
VS |
-6.4% |
ADR |
$ 1,344 |
VS |
$ 430 |
YOY ADR CHANGE |
2 . 6 % |
VS |
2 . 4 % |
REVPAR |
$ 560 |
VS |
$ 196 |
YOY REVPAR CHANGE |
6.3 % |
VS |
-3.9% |
360 BLUE • 2024 ANNUAL REVIEW
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