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AirDNA Data: US Tennessee Chattanooga

How is Chattanooga performing?

72

Good
Market Score

62

Investability

68

Rental Demand

29

Revenue Growth

63

Seasonality

54

Regulation

Annual Revenue

$15K

+3%

past year

Occupancy Rate

38%

+4%

past year

Average Daily Rate

$133.5

+3%

past year

Revenue per Available Rental (RevPAR)

$67.8

+6%

past year

Chattanooga Performance Details

Total available listings

4,735

+3%

past year

Listings by rental channel

Channel

Airbnb (71%)

Vrbo (13%)

Both (16%)

Listings by rental size

Bedrooms

1 Bedroom (48%)

2 Bedroom (26%)

3 Bedroom (19%)

4 Bedroom (6%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (71%)

91-180 nights (9%)

181-270 nights (6%)

271-365 nights (14%)

Listings by rental type

Type

Entire Home (81%)

Private Room (18%)

Shared Room (1%)

Listings by Cancellation Policy

Flexible (28.6%)

Moderate (39.5%)

Strict (29.9%)

Super Strict (2.0%)

Listings by Minimum Stay

1 Night (3.4%)

2 Nights (29.6%)

3 Nights (4.3%)

4-6 Nights (1.1%)

7-29 Nights (2.2%)

30+ Nights (59.5%)

What amenities do listings have?

Aircon

96%

Wireless Internet

92%

Heating

90%

Kitchen

88%

Tv

88%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Timberroot Rustic Retreats
340.1%6929
4.88
Team PMI
290.1%1020
4.86
Real Estate Partners Chattanooga
220.0%4051
4.87
Unique Stays
160.1%631
4.71
Evolve
16-0.3%377
4.81

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

$1,502,149

+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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