Over 11 million tourists visit each year to hike the Appalachian Trail itself, go on a wildflower walk, or take a trip to one of the park’s many waterfalls. This mountain resort city is well-known for being right on the border of the Great Smoky Mountains, which is ranked the eighth-best national park in the country.
Investing in Airbnb Gatlinburg, TN would not be profitable if it were not for its tourist attractions. Gatlinburg Continues to Attract a Lot of Tourism When looking for a lucrative location for your Airbnb investment property, you have to consider two factors: the city’s tourism and the comps’ historical performance. Why Is Airbnb Gatlinburg a Good Investment for 2022? If you are an Airbnb investor looking for a location to set up a new short-term rental, keep reading. How to choose the best Airbnb property in the city.Laws surrounding Airbnb rentals in Gatlinburg, TN.Why Gatlinburg is still a good place for Airbnbs.Airbnb occupancy rate ranged from 61% to 70%.Īs travel and tourism in the US are starting to show signs of recovery after getting disrupted by the COVID-19 pandemic, we will take another closer look at the city of Gatlinburg.Airbnb daily rate was around $179 and,.
Airbnb cash on cash return ranged from 4% to 8%.Airbnb income was at least $3,000 per month on average.And we saw that properties in this city always performed well as short-term rentals in 20: We have covered Airbnb Gatlinburg, Tennessee for over two years now. An Airbnb property, meanwhile, would earn more in a city with thriving tourism. For example, a profitable traditional rental home would be near amenities such as good schools and parks. The city and neighborhood that you invest in must be desirable. Meanwhile, an Airbnb strategy is when you rent out to travelers who will stay there for at least one night.Īnother factor to consider is location. A traditional strategy is when you rent out a property to tenants who will live there for six months or more. First, you would want to decide on your rental strategy. When buying an investment property, you have to consider several factors. But is this strategy still worth doing in 2022?
Investing in Airbnb Gatlinburg has proven to be a lucrative move for a couple of years now.
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