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AirDNA Data: US North Carolina Flat Rock

How is Flat Rock performing?

19

Bad
Market Score

26

Investability

24

Rental Demand

50

Revenue Growth

29

Seasonality

50

Regulation

Annual Revenue

$14.9K

+3%

past year

Occupancy Rate

49%

+4%

past year

Average Daily Rate

$184.5

+3%

past year

Revenue per Available Rental (RevPAR)

$87.6

+6%

past year

Flat Rock Performance Details

Total available listings

152

+3%

past year

Listings by rental channel

Channel

Airbnb (43%)

Vrbo (13%)

Both (44%)

Listings by rental size

Bedrooms

1 Bedroom (54%)

2 Bedroom (20%)

3 Bedroom (17%)

4 Bedroom (5%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (34%)

91-180 nights (22%)

181-270 nights (19%)

271-365 nights (24%)

Listings by rental type

Type

Entire Home (94%)

Private Room (6%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (13.4%)

Moderate (63.8%)

Strict (12.1%)

Super Strict (10.7%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (50.0%)

3 Nights (11.2%)

4-6 Nights (2.6%)

7-29 Nights (11.8%)

30+ Nights (24.3%)

What amenities do listings have?

Parking

97%

Aircon

95%

Internet

93%

Heating

88%

Wireless Internet

88%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
WNC Mountain Rentals, LLC
5-0.4%56
4.92
Vacasa
4-0.6%40
4.69
Evolve
3-0.4%28
4.83
Vacasa Asheville
22.0%8
4.13
Inspired Getaway
1-0.5%13
4.85

Occupancy

Occupancy Rate

49%

+5%

past year

Booking lead time
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Length of stay
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What 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

$1,488,999

+5%

past year

How 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)

$49

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What 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

$49

-7%

past year

Weekend revenue per available rental (RevPAR)
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What 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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