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Updated almost 2 years ago,

User Stats

127
Posts
119
Votes
Brandon Gale
  • Rental Property Investor
  • Worcester, MA
119
Votes |
127
Posts

Healthy Occupancy Rates in the Smoky Mountains?

Brandon Gale
  • Rental Property Investor
  • Worcester, MA
Posted

Wondering what others with experience in the Smokies consider "healthy" occupancy rates.

I heard on a YouTube video recently that for a market with around 30 day avg. lead time (I think Smokies is about 28), a healthy calendar is booked:

7 days: 100%

14 Days: 75%

30 Days: 50%

60 Days: 32%

Obviously its not an exact science but curious how others with experience feel about these numbers. My listing went live a little less than 2 months ago now and it's been heavily booked (30 day is currently at 84% and 60 day is at 47%). Im not ready to raise my prices just yet, as the heavy booking has made me feel a little more secure just starting out and we are just coming out of the slow season, but thinking I may have to start bumping my rates up at some point. I use PriceLabs for pricing

Let me know what you guys shoot for on your listings and what you consider a "healthy" calendar in this market.

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