Cambridge edges ahead of Pacific Grove on higher occupancy (54% vs 42%).
Head-to-head metrics
| Cambridge | Pacific Grove | |
|---|---|---|
| Median occupancy | 54% | 42% |
| Median daily rate | £130 | £239 |
| Median RevPAR | £46 | £67 |
| Active listings | 813 | 191 |
| YoY occupancy | +4.7 pts | +10.8 pts |
| YoY daily rate | +0% | +6.3% |
| Regulation risk | — | — |
| Annual night cap | None | None |
| License required | No | No |
Full analysis: Cambridge vs Pacific Grove
Cambridge finishes clearly ahead of Pacific Grove on our composite of occupancy, revenue per available night and regulation risk — and it is the calendar rather than the price tag doing the work. Cambridge sells 12 more points of its calendar — 54% median occupancy against 42% in Pacific Grove. Cambridge is the deeper market at 813 active listings against 191, which usually means better comparables going in and a wider buyer pool coming out. Those gaps are wide enough to survive a normal year's variance.
The two markets reach their revenue by different routes, which is what makes this pairing worth reading rather than just tabulating. Pacific Grove is the rate market: £239 a night against £130, some 83.6% more, but it converts fewer of those nights at 42% occupancy. Cambridge is the volume market, filling 54% of its calendar at a lower headline price. Revenue per available night settles it: £67 in Pacific Grove against £46. Rate is what you advertise; RevPAR is what you bank.
That verdict needs a caveat, because Pacific Grove is not simply the weaker market of the two. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 46% higher in Pacific Grove: £67 against £46. Across a full year the median Pacific Grove listing grosses £24,349 against £16,680 in Cambridge. If your model leans on that dimension, the ordering above can reasonably flip.
Neither Cambridge nor Pacific Grove currently has a verified short-term rental regulation record in our register, so the comparison above is a yield comparison only. Regulation is the single largest source of downside in this asset class — an unverified market is an unpriced risk, not an absent one.
The two calendars also behave differently. Cambridge peaks in October at 76.5% and bottoms in February at 39%; Pacific Grove runs from 62.5% in October down to 30.7% in May. Pacific Grove is the steadier of the two at 31.8 points peak-to-trough against 37.5 — easier to underwrite against a mortgage — while Cambridge concentrates its return into a shorter window and rewards operators who price the peak aggressively instead of holding a flat rate all year.
Who each suits, then. Cambridge suits buyers who want a conventional, lightly regulated entry and whose economics survive high turnover — more bookings, more cleans, more guest contact per pound of revenue. Pacific Grove answers to the same regulatory profile, so the split between them is operational rather than legal: it is the market for an owner who can hold rate through the shoulder season rather than discounting to fill the calendar. It is also the momentum side of this pair. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, dated 2025-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 305 active Cambridge listings and 77 in Pacific Grove.
Frequently asked questions
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