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AirDNA Data: US North Carolina Highlands

How is Highlands performing?

37

Bad
Market Score

53

Investability

35

Rental Demand

42

Revenue Growth

31

Seasonality

44

Regulation

Annual Revenue

$45.2K

+3%

past year

Occupancy Rate

47%

+4%

past year

Average Daily Rate

$424.9

+3%

past year

Revenue per Available Rental (RevPAR)

$198.7

+6%

past year

Highlands Performance Details

Total available listings

758

+3%

past year

Listings by rental channel

Channel

Airbnb (24%)

Vrbo (37%)

Both (40%)

Listings by rental size

Bedrooms

1 Bedroom (16%)

2 Bedroom (24%)

3 Bedroom (36%)

4 Bedroom (15%)

5+ Bedroom (9%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (17%)

91-180 nights (20%)

181-270 nights (25%)

271-365 nights (39%)

Listings by rental type

Type

Entire Home (98%)

Private Room (2%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (5.0%)

Moderate (69.9%)

Strict (16.6%)

Super Strict (8.6%)

Listings by Minimum Stay

1 Night (0.3%)

2 Nights (42.1%)

3 Nights (33.0%)

4-6 Nights (6.9%)

7-29 Nights (4.9%)

30+ Nights (12.9%)

What amenities do listings have?

Internet

98%

Wireless Internet

96%

Parking

93%

Heating

93%

Aircon

92%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Highlands Vacation Rentals
490.3%287
4.88
Galax Rentals
280.0%474
4.91
Evolve
26-0.1%641
4.75
Vacasa
90.5%67
4.41

Occupancy

Occupancy Rate

47%

+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

$4,521,469

+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)

$47

+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

$47

-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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