Learn How to Improve Your Florida Keys Vacation Rental’s Performance

5 Million Annual Visitors
$2.7B Billion in Local Visitor Spending

Vacation Rental Report for the Florida Keys

Increase Your Market Share With Industry Insights

Occupancy Rates Are Rising

ADR averages in Monroe County were $362 in 2018.  Use the report to compare your ADR with others in your market.

Lodging Demand and Capped Supply Boosts RevPar 

A Rate of Growth Ordinance limits occupancy growth on Key West.  Compare RevPar of hotels and vacation rentals in the Key West Market.

Cap Rates Remain Solid Despite High Prices on Properties 

According to a recent study by RedAwning and STR, vacation rentals are outperforming hotels in some key metrics in the Florida Keys.  Are your cap rates in line with the market average?

Short Term Rental Regulations Vary by Region 

Some cities require short term rental permits while others enforce minimum stay requirements.  Learn what the codes are in the Florida Keys.


Insights You Will Gain From This Report Include:

  • Vacation rental travel profile breakdowns

  • What can you do to get your share of this market right away?

  • Is it worth investing in additional inventory in Florida?

  • Average cap rates, RevPar and ADR region to region

  • Specific regulation requirements region to region

  • Effects of hurricanes on the Florida market

  • How much have occupancy rates varied YoY? What can you expect?

  • Average party sizes and length of stay

  • How can free cancellation policies boost your bookings?

  • How RedAwning can help you maximize your bookings and profitability