NYC has nearly double the number of vacation rental units of any other US city

George Sell By George Sell
1 week ago | Updated 1 week ago

US: Stats for December 2017 from AllThe Rooms.com show NYC has 47,339 vacation rental properties, letting for a median rate of $147.82.

AllTheRooms.com's Monthly Vacation Rental Index tracks accommodations volume and price trends in the top 25 US cities. Each month it publishes a new update that will show "the hottest vacation markets, along with trends in accommodation count and type, average rate, and availability".

The company says it can compile the report due to its ability to search every single available accommodation from sites such as Airbnb, Priceline, Expedia, Tripadvisor, VRBO, HomeAway, and hundreds of others to identify total vacation rental availability worldwide.

In the December report, the top 10 markets by property volume were New York City, Los Angeles, Austin, San Diego, Washington, Houston, Philadelphia, Seattle, San Francisco and Chicago. The highest median rate from the top 25 was recorded by San Francisco ($190), with the lowest in Dallas ($88.32).

New York also had the highest number of "Instant Book" properties - those which, like hotel rooms, do not require the renter to wait for host approval before finalising the booking. It had 12,000 instant book properties, followed by LA with 9,323 and Houston with 4,133.

Click here to see the report.

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