AirDNA Data: US→ North Carolina→ Banner Elk
How is Banner Elk performing?
86
Great
75
Investability
25
Rental Demand
46
Revenue Growth
77
Seasonality
53
Regulation
Annual Revenue
$30.9K
+3%
past year
Occupancy Rate
47%
+4%
past year
Average Daily Rate
$304.2
+3%
past year
Revenue per Available Rental (RevPAR)
$145.4
+6%
past year
Banner Elk Performance Details
Total available listings
3,766
+3%
past year
Listings by rental channel
Airbnb (25%)
Vrbo (17%)
Both (58%)
Listings by rental size
1 Bedroom (15%)
2 Bedroom (36%)
3 Bedroom (25%)
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 (19%)
91-180 nights (21%)
181-270 nights (23%)
271-365 nights (37%)
Listings by rental type
Entire Home (97%)
Private Room (3%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (4.5%)
Moderate (49.9%)
Strict (25.3%)
Super Strict (20.2%)
Listings by Minimum Stay
1 Night (0.4%)
2 Nights (67.6%)
3 Nights (18.0%)
4-6 Nights (3.2%)
7-29 Nights (1.1%)
30+ Nights (9.6%)
What amenities do listings have?
Internet
99%
Kitchen
96%
Heating
95%
Wireless Internet
95%
Parking
92%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Blue Ridge Mountain Rentals | 264 | 0.1% | 1577 | 4.80 |
Vacasa | 248 | -0.0% | 4458 | 4.40 |
Carolina Cabin Rentals | 183 | 0.1% | 1938 | 4.63 |
Evolve | 135 | -0.1% | 3096 | 4.73 |
Resort Real Estate And Rentals | 96 | 0.3% | 386 | 4.50 |
Occupancy
Occupancy Rate
47%
+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
$3,085,112
+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)
$47
+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
$47
-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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