Pacific Grove edges ahead of Rhode Island on higher occupancy (30.7% vs 18.1%), stronger RevPAR (£97 vs £54).
Head-to-head metrics
| Pacific Grove | Rhode Island | |
|---|---|---|
| Median occupancy | 30.7% | 18.1% |
| Median daily rate | £332 | £286 |
| Median RevPAR | £97 | £54 |
| Active listings | 186 | 4,449 |
| YoY occupancy | -2.2 pts | +0 pts |
| YoY daily rate | +38.5% | +38.9% |
| Regulation risk | — | — |
| Annual night cap | None | None |
| License required | No | No |
Full analysis: Pacific Grove vs Rhode Island
On the money side of this comparison — what a listing actually earns against the nights it has available — Pacific Grove finishes decisively ahead of Rhode Island. Revenue per available night — rate and occupancy combined, the figure that actually reaches an owner — is 81.6% higher in Pacific Grove: £97 against £54. Pacific Grove sells 12.6 more points of its calendar — 30.7% median occupancy against 18.1% in Rhode Island. That is not a rounding difference, and it compounds over a hold period.
Pacific Grove takes both halves of the yield equation, which is less common than it sounds. It charges more per night — £332 against £286 — and still fills more of the year, 30.7% against 18.1%. A market that leads on price and utilisation at once is normally one where demand has outrun supply, rather than one where hosts are discounting to keep the calendar busy. RevPAR reflects the double advantage at £97 against £54.
That verdict needs a caveat, because Rhode Island is not simply the weaker market of the two. Rhode Island's calendar is the flatter of the two — 13.6 points between its best and worst month against 30.9 in Pacific Grove — which makes debt service easier to underwrite. Rhode Island is the deeper market at 4,449 active listings against 186, which usually means better comparables going in and a wider buyer pool coming out. If your model leans on that dimension, the ordering above can reasonably flip.
Neither Pacific Grove nor Rhode Island 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. Pacific Grove peaks in October at 61.8% and bottoms in May at 30.9%; Rhode Island runs from 60.4% in October down to 46.8% in December. Rhode Island is the steadier of the two at 13.6 points peak-to-trough against 30.9 — easier to underwrite against a mortgage — while Pacific Grove 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. Pacific Grove suits buyers who want a conventional, lightly regulated entry. It is the contrarian side: buying it means buying a market that has cooled. Rhode Island answers to the same regulatory profile, so the split between them is operational rather than legal. Every figure above comes from the same Inside Airbnb snapshot pipeline on both sides, dated 2026-09, filtered to listings with at least one booking in the last twelve months. Occupancy medians are drawn from 186 active Pacific Grove listings and 4,449 in Rhode Island.
Frequently asked questions
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