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Updated 9 months ago on . Most recent reply

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Collin Hays
#1 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
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What a difference a year makes!

Collin Hays
#1 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
Posted

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!  

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SMOKY MOUNTAIN FALLS INC.

Most Popular Reply

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Andrew Steffens
#4 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
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Andrew Steffens
#4 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
Replied

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. 

  • Andrew Steffens
  • [email protected]
  • 813-563-0877
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