Smoky Mountains Short Term Rental Market Analysis - March 2023

141 viewsPublished: April 20, 20233m 0sScore: 75
Pricing & Profitability
intermediate
Market Research
ADR
Dynamic Pricing
Pricing Strategy
Revenue Management

Summary

Michael Chang, owner of 6 Smoky Mountain cabins, analyzes AirDNA data for March 2023. The market shows signs of stabilization with demand slightly exceeding supply, but average daily rates are declining year-over-year. The mid-tier cabin segment is facing the most pressure due to increased competition.

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