11/5/2022 0 Comments Pigeon forge airbnbIf you need a sample proforma to help with analyzing the below Pigeon Forge rental data gross numbers, check out our sample proformas. Most listings will not have monthly expense data to supplement the income numbers that are being shared. It's very typical for them to only supply us with vague annual numbers, with no insight into seasonality or overall occupancy rate.ģ. Many of the local companies do not keep records on occupancy rate, or month over month data. Due to the lack of advertising on today's most relevant booking platforms, their rental income numbers are typically significantly lower than they would be if the property had been posted on all the most up to date platforms.Ģ. With over 150 million users on Airbnb alone, that's a lot of tourist traffic to miss out on. They rely solely on direct bookings through their respective websites. Most of the big local rental companies do not utilize the major booking platforms like Airbnb, VRBO, etc. It's historically been pretty difficult to get accurate Pigeon Forge rental data from the local property management companies for a number of reasons:ġ. Clients often ask us for the previous short term rental income on a subject property, and rightfully so, they want to ensure that they are making a wise investment, and that the property has performed well in the past. Data is important when it comes to real estate investing, especially when investing in Airbnb and short term rental properties.
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