Property Manager · Gatlinburg, TN · Member since 2020 · 3k+ posts · 4k+ votes
We are pacing about even with last year's May, both in bookings and daily rates. June is still -15%, but we expect it to end up within a few percentage points of last year.
THIS IS VERY GOOD NEWS FOR NEW INVESTORS. We have been fighting a conveyor belt of headwinds over the last couple of years in the Smokies. Hurricane damage to houses and roadways, oversupply, and recently, skyrocketing gas prices. But it appears we are forming a bottom, which means 2027 could see a significant uptick in visitors to the Smokies. There are some great deals out there from shrewd investors.
New to Real Estate · Member since 2020 · 220 posts · 107 votes
4mo
I’ve dropped my rates down to near January rates to try to fill 15 days open on my calendar for June. It’s hard to believe. I’m top 1% on Airbnb with 123 5-star rating and don’t know what’s going on. I also have July open dates. My rates are down along with occupancy this year and trending behind last years cash flow.