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Updated over 1 year ago on . Most recent reply

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Collin Hays
#2 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
4,124
Votes |
2,865
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What a difference a year makes!

Collin Hays
#2 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.
5.0 stars
1 Review

Most Popular Reply

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3,013
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Andrew Steffens
#3 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
2,516
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3,013
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Andrew Steffens
#3 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. 

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Vacation Rentals of Florida
5.0 stars
3 Reviews

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