AirDNA Data: US→ North Carolina→ Banner Elk
How is Banner Elk performing?
55
Okay
74
Investability
25
Rental Demand
36
Revenue Growth
53
Seasonality
47
Regulation
Annual Revenue
$28.8K
+3%
past year
Occupancy Rate
45%
+4%
past year
Average Daily Rate
$308.8
+3%
past year
Revenue per Available Rental (RevPAR)
$137.2
+6%
past year
Banner Elk Performance Details
Total available listings
3,660
+3%
past year
Listings by rental channel
Airbnb (27%)
Vrbo (15%)
Both (58%)
Listings by rental size
1 Bedroom (15%)
2 Bedroom (37%)
3 Bedroom (24%)
4 Bedroom (16%)
5+ Bedroom (8%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (20%)
91-180 nights (24%)
181-270 nights (23%)
271-365 nights (33%)
Listings by rental type
Entire Home (96%)
Private Room (4%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (4.7%)
Moderate (46.9%)
Strict (28.5%)
Super Strict (19.9%)
Listings by Minimum Stay
1 Night (0.1%)
2 Nights (65.0%)
3 Nights (16.2%)
4-6 Nights (5.1%)
7-29 Nights (0.6%)
30+ Nights (13.0%)
What amenities do listings have?
Internet
99%
Wireless Internet
98%
Kitchen
96%
Heating
94%
Parking
92%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Blue Ridge Mountain Rentals | 276 | 0.1% | 1708 | 4.78 |
Vacasa | 219 | -0.2% | 4342 | 4.40 |
Carolina Cabin Rentals | 192 | 0.1% | 2078 | 4.63 |
Evolve | 140 | -0.0% | 3416 | 4.74 |
Resort Real Estate And Rentals | 108 | 0.2% | 499 | 4.53 |
Occupancy
Occupancy Rate
45%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Revenue
Average revenue
$2,877,008
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow much revenue did listings earn per month?
Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$45
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat was the average daily rate?
Average daily rate over the last 5 years
-3%
past year
2023
2022
2021
2020
2019
2018
Revenue per available rental (RevPAR)
Revenue per available rental
$45
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
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