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AirDNA Data: US North Carolina Union Mills

How is Union Mills performing?

95

Great
Market Score

96

Investability

28

Rental Demand

93

Revenue Growth

31

Seasonality

59

Regulation

Annual Revenue

$37.4K

+3%

past year

Occupancy Rate

41%

+4%

past year

Average Daily Rate

$348.2

+3%

past year

Revenue per Available Rental (RevPAR)

$142.9

+6%

past year

Union Mills Performance Details

Total available listings

27

+3%

past year

Listings by rental channel

Channel

Airbnb (41%)

Vrbo (11%)

Both (48%)

Listings by rental size

Bedrooms

1 Bedroom (19%)

2 Bedroom (44%)

3 Bedroom (22%)

4 Bedroom (7%)

5+ Bedroom (7%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (22%)

91-180 nights (22%)

181-270 nights (19%)

271-365 nights (37%)

Listings by rental type

Type

Entire Home (100%)

Private Room (0%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (11.1%)

Moderate (66.7%)

Strict (14.8%)

Super Strict (7.4%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (70.4%)

3 Nights (7.4%)

4-6 Nights (0.0%)

7-29 Nights (0.0%)

30+ Nights (22.2%)

What amenities do listings have?

Aircon

100%

Heating

100%

Parking

96%

Wireless Internet

96%

Internet

96%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Cabins of Asheville
20.0%76
4.92
Carolina Properties
11.0%3
5.00
Yonder
11.0%8
5.00
Evolve
1-0.5%35
4.90

Occupancy

Occupancy Rate

41%

+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

$3,744,930

+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)

$41

+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

$41

-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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