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AirDNA Data: US Tennessee New Market

How is New Market performing?

72

Good
Market Score

65

Investability

30

Rental Demand

100

Revenue Growth

2

Seasonality

54

Regulation

Annual Revenue

$29K

+3%

past year

Occupancy Rate

38%

+4%

past year

Average Daily Rate

$220.3

+3%

past year

Revenue per Available Rental (RevPAR)

$102.4

+6%

past year

New Market Performance Details

Total available listings

23

+3%

past year

Listings by rental channel

Channel

Airbnb (30%)

Vrbo (13%)

Both (57%)

Listings by rental size

Bedrooms

1 Bedroom (57%)

2 Bedroom (4%)

3 Bedroom (22%)

4 Bedroom (4%)

5+ Bedroom (13%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (26%)

91-180 nights (4%)

181-270 nights (35%)

271-365 nights (35%)

Listings by rental type

Type

Entire Home (96%)

Private Room (4%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (30.4%)

Moderate (65.2%)

Strict (4.3%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (39.1%)

3 Nights (0.0%)

4-6 Nights (4.3%)

7-29 Nights (0.0%)

30+ Nights (56.5%)

What amenities do listings have?

Internet

100%

Aircon

100%

Wireless Internet

100%

Parking

100%

Heating

83%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

38%

+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

$2,900,065

+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)

$38

+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

$38

-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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