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AirDNA Data: US Virginia Hiwassee

How is Hiwassee performing?

62

Good
Market Score

97

Investability

30

Rental Demand

68

Revenue Growth

4

Seasonality

40

Regulation

Annual Revenue

$31.7K

+3%

past year

FebAprJunAugOctDecFeb
Occupancy Rate

45%

+4%

past year

JanMarMayJulSepNov
Average Daily Rate

$311.3

+3%

past year

JanMarMayJulSepNov
Revenue per Available Rental (RevPAR)

$142.9

+6%

past year

JanMarMayJulSepNov

Hiwassee Performance Details

Total available listings

39

+3%

past year

Listings by rental channel

Channel

Airbnb (33%)

Vrbo (26%)

Both (41%)

Listings by rental size

Bedrooms

1 Bedroom (38%)

2 Bedroom (18%)

3 Bedroom (21%)

4 Bedroom (15%)

5+ Bedroom (8%)

Rental growth in the last 12 months

Active Listings

+8%

past year

JanFebMarAprMayJunJulAugSepOctNovDec100125150175200Active Listings

Listings by annual availability

Available

1-90 nights (21%)

91-180 nights (8%)

181-270 nights (33%)

271-365 nights (38%)

Listings by rental type

Type

Entire Home (92%)

Private Room (8%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (10.3%)

Moderate (74.4%)

Strict (15.4%)

Super Strict (0.0%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (46.2%)

3 Nights (10.3%)

4-6 Nights (7.7%)

7-29 Nights (7.7%)

30+ Nights (28.2%)

What amenities do listings have?

Kitchen

95%

Aircon

95%

Parking

92%

Internet

90%

Heating

90%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Evolve
4-0.2%64
4.83
New River Retreat
1-0.8%40
4.90

Occupancy

Occupancy Rate

45%

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec1.6K%2.4K%3.2K%4K%4.8K%% Booked
2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$3,166,685

+5%

past year

Apr: 80Aug: 30
How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$45

+5%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$45

-7%

past year

Apr: 80Aug: 30
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

JanFebMarAprMayJunJulAugSepOctNovDec$1.6K$2.4K$3.2K$4K$4.8KCurrency
2023
2022
2021
2020
2019
2018
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