2024 Q3 REPORT | MIRAMAR BEACH
Top Five Feeder Markets
1 . ATLANTA , GA 2 . DALLAS , TX 3 . NEW ORLEANS , LA 4 . HOUSTON , TX 5 . NASHVILLE , TN
2024 Q3 Revenue Performance
KPIs AS OF OCTOBER 1 , 2024 |
360 Q3 |
VS |
MARKET Q3 |
OCCUPANCY |
57 . 5 % |
VS |
58.6 % |
YOY OCCUPANCY CHANGE |
-9.9% |
VS |
-3.3% |
ADR |
$ 1,642 |
VS |
$ 378 |
YOY ADR CHANGE |
-18.6% |
VS |
5.3 % |
REVPAR |
$ 944 |
VS |
$ 222 |
YOY REVPAR CHANGE |
-26.6% |
VS |
1.8 % |
Revenue Overview
Although our Occupancy levels were slightly lower than the Market ’ s for Q3 , we managed to achieve higher ADR and RevPAR compared to the Market . The mix of homes in our portfolio shifted over the last year , which was the primary factor for the significant declines in all three metrics compared to last year .
360 BLUE BY THE NUMBERS P . 25