360 Blue 2024 Annual Realtor Report January 2025 | Page 23

Cape San Blas

Although our Occupancy levels for 2024 fell short of the Market ’ s , we experienced an increase in Occupancy while the Market saw a decline compared to 2023 . We achieved this by adopting more aggressive pricing , which resulted in a much smaller year-over-year decrease in RevPAR compared to the Market .
2024 Annual Revenue Performance
KPIs AS OF JANUARY 1 , 2025 360 BLUE 2024 VS MARKET 2024
OCCUPANCY
44.7 %
VS
48.5 %
YOY OCCUPANCY CHANGE
5.9 %
VS
-5.5%
ADR
$ 475
VS
$ 428
YOY ADR CHANGE
-5.9%
VS
3.9 %
REVPAR
$ 212
VS
$ 208
YOY REVPAR CHANGE
-0.5%
VS
-1.4%
360 BLUE • 2024 ANNUAL REVIEW
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