Longboat Key, FL · Occupancy & ADR
Longboat Key occupancy rate and average daily rate
A well-run Longboat Key short-term rental models at 61% occupancy — about 223 booked nights a year — at an average daily rate of $385. That works out to $235 of revenue per available night.
Occupancy
61%
223 nights booked
Average daily rate
$385
Revenue per available night
$235
ADR × occupancy
Typical stay length
4.2 nights
≈ 53 turnovers a year
Rate versus nights booked
In Longboat Key the two levers move against each other. Modelled outcomes at three pricing positions:
| Pricing position | Nightly rate | Occupancy | Nights | Gross revenue |
|---|---|---|---|---|
| Price 10% under the market | $347 | 68% | 249 | $86,531 |
| Market pricing | $385 | 61% | 223 | $85,720 |
| Price 10% over the market | $424 | 54% | 196 | $83,075 |
The trade-off uses a modelled price elasticity: a 10% price move shifts occupancy by roughly 12% in the opposite direction. Real elasticity varies by property and by season — treat this as a way to frame the decision, not a forecast.
Occupancy by month
| Month | Modelled occupancy | Modelled ADR |
|---|---|---|
| Jan | 68% | $419 |
| Feb | 73% | $442 |
| Mar | 80% | $476 |
| Apr | 73% | $442 |
| May | 61% | $384 |
| Jun | 58% | $373 |
| Jul | 61% | $384 |
| Aug | 54% | $350 |
| Sep | 44% | $304 |
| Oct | 49% | $327 |
| Nov | 54% | $350 |
| Dec | 58% | $373 |
Compare Longboat Key with nearby markets
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