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Updated 9 months ago on . Most recent reply
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Collin HaysPoster
#4 Short-Term & Vacation Rental Discussions Contributor
Property Manager
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- Property Manager
- Gatlinburg, TN
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What a difference a year makes!
This is one of my personal properties near downtown Gatlinburg. It is a luxury log cabin right on the Roaring Fork River. A year ago, Memorial weekend - as well as all of June, was completely booked at a minimum of $299 per night.
A few weeks ago, I marked down Memorial week to $169, and it still sits unbooked! First time since I built it in 2017.
Not worried at all, but fascinating!
- Collin Hays
- [email protected]
- 806-672-7102
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SMOKY MOUNTAIN FALLS INC.
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Andrew Steffens
#3 Short-Term & Vacation Rental Discussions Contributor
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Interesting. We lost about 20-25% on average 2022-2023 YoY. Some top performers lost only a little 5-10%, some lost over 40%. 2023-2024 YoY so far is up 15% but ADR is down.