Salem Or edges ahead of Rhode Island on higher occupancy (29.6% vs 18.1%).
Head-to-head metrics
| Rhode Island | Salem Or | |
|---|---|---|
| Median occupancy | 18.1% | 29.6% |
| Median daily rate | £286 | £124 |
| Median RevPAR | £54 | £42 |
| Active listings | 4,449 | 233 |
| YoY occupancy | +0 pts | -9.9 pts |
| YoY daily rate | +38.9% | +39.4% |
| Regulation risk | — | — |
| Annual night cap | None | None |
| License required | No | No |
Full analysis: Rhode Island vs Salem Or
Salem Or finishes clearly ahead of Rhode Island 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. Salem Or sells 11.5 more points of its calendar — 29.6% median occupancy against 18.1% in Rhode Island. Salem Or is the less crowded of the two — 233 active listings to 4,449 — so a well-run property has fewer near-identical rivals to out-rank. 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. Rhode Island is the rate market: £286 a night against £124, some 130.2% more, but it converts fewer of those nights at 18.1% occupancy. Salem Or is the volume market, filling 29.6% of its calendar at a lower headline price. Revenue per available night settles it: £54 in Rhode Island against £42. Rate is what you advertise; RevPAR is what you bank.
That verdict needs a caveat, because Rhode Island 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 28.6% higher in Rhode Island: £54 against £42. The twelve-month direction favours Rhode Island too: occupancy there moved +0 points while Salem Or moved −9.9 points. If your model leans on that dimension, the ordering above can reasonably flip.
Neither Rhode Island nor Salem Or 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. Rhode Island peaks in October at 60.4% and bottoms in December at 46.8%; Salem Or runs from 58.3% in September down to 30.1% in February. Rhode Island is the steadier of the two at 13.6 points peak-to-trough against 28.2 — easier to underwrite against a mortgage — while Salem Or 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. Rhode Island suits buyers who want a conventional, lightly regulated entry and who can hold rate through the shoulder season rather than discounting to fill the calendar. Salem Or answers to the same regulatory profile, so the split between them is operational rather than legal: it is the market for an owner whose economics survive high turnover — more bookings, more cleans, more guest contact per pound of revenue. It is the contrarian side: buying it means buying a market that has cooled. 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 4,449 active Rhode Island listings and 233 in Salem Or.
Frequently asked questions
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