Is there a demand from vacationers for such a property?

The city has regulations, but they are manageable, and Newport Beach attracts a high volume of vacationers.

I think just about anywhere in northern MI is going to be at least fair to good for STR as there's mushroom hunters in the spring, summer vacationers, fall colors and deer hunters and winter sports.

Between those rentals we will list it on Airbnb for vacationers. 

It's a great town with plenty of opportunities for vacationers that are looking for something more quiet in comparison to east Tennessee, for example.

How many more vacationers can Gatlinburg and PF expect?  

Depends on the market but if you are trying to market to vacationers or move upscale, then I think you need to offer a pool.

Our property manager aims for getting the work-from-homers, traveling nurses, etc vs going after the vacationers and it's doing well to the point of we don't get to use it as much as we would like!

Or are vacationers trending elsewhere for the holiday weekend?

., Knoxville, Nashville) to appeal to a 2-prong demographic for tenants (vacationers and traveling nurses/other professionals).