Nashville Short-Term Rentals Posted Highest Overall Performance in 19 Months

STR | July 27, 2021

HENDERSONVILLE, Tennessee — July 27, 2021 — Nashville’s short-term rental industry posted 19-month highs in average daily rate (ADR) and revenue per available room (RevPAR), according to June 2021 data from STR. June 2021 (percentage change from May): Occupancy: 71.9% (+12.7%) ADR: US$209.64 (+0.7%) RevPAR: US$150.76 (+13.5%)   In addition to the market’s highest ADR and RevPAR levels since November 2019, Nashville’s short-term rental occupancy was its second best in that span. Hotel occupancy in the market was only slightly lower in comparison, at 70.1%, which was a 14.3% jump month over month. Building ...