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AirDNA Data: US North Carolina Mars Hill

How is Mars Hill performing?

80

Great
Market Score

73

Investability

26

Rental Demand

51

Revenue Growth

62

Seasonality

54

Regulation

Annual Revenue

$30.6K

+3%

past year

Occupancy Rate

45%

+4%

past year

Average Daily Rate

$291.6

+3%

past year

Revenue per Available Rental (RevPAR)

$142.1

+6%

past year

Mars Hill Performance Details

Total available listings

403

+3%

past year

Listings by rental channel

Channel

Airbnb (32%)

Vrbo (15%)

Both (53%)

Listings by rental size

Bedrooms

1 Bedroom (20%)

2 Bedroom (16%)

3 Bedroom (26%)

4 Bedroom (26%)

5+ Bedroom (12%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (24%)

91-180 nights (21%)

181-270 nights (19%)

271-365 nights (36%)

Listings by rental type

Type

Entire Home (98%)

Private Room (2%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (11.2%)

Moderate (60.1%)

Strict (15.5%)

Super Strict (13.2%)

Listings by Minimum Stay

1 Night (0.2%)

2 Nights (50.9%)

3 Nights (20.8%)

4-6 Nights (7.9%)

7-29 Nights (1.2%)

30+ Nights (18.9%)

What amenities do listings have?

Internet

99%

Wireless Internet

98%

Parking

97%

Kitchen

96%

Heating

96%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Carolina Mornings
14-0.2%206
4.87
Evolve
12-0.2%273
4.82
Love Rentals
80.0%2
4.50
Yonder
50.7%36
4.72
Coastal Vacation Properties
44.0%185
4.83

Occupancy

Occupancy Rate

45%

+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

$3,057,205

+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)

$45

+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

$45

-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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