Nashville short-term rental performance rose in June
Nashville short-term rental performance rose in June
23 JULY 2020 8:56 AM

Short-term rental occupancy in Nashville, Tennessee, rose 15.5% from May to June, reaching 56.7% for the month, according to STR.

HENDERSONVILLE, Tennessee—Nashville short-term rental properties showed further improvement in June after higher occupancy was seen in May, according to STR.

Occupancy for the sector increased 15.5% from May to June, reaching a level of 56.7%. In May, short-term rental occupancy was at 49.1%.

STR, the leader in global hospitality benchmarking and analytics, maintains the world’s largest hotel performance database. Nashville is the first short-term rental market where STR is expanding its benchmarking offerings via a pilot study. Included in STR’s short-term rental sample are both multi-family and single-family short-term rentals, with most of the sample being in close proximity to downtown, East Nashville and West End.

Nashville’s short-term rental occupancy for June also came in higher than the 35.3% recorded by hotels in the market.

Average daily rate (ADR) for short-term rentals rose 17.6% to $76.18 in June, after a slight month-over-month decline in May.

ADR for Nashville hotels continued its increase in June, up 14.2% from May to $85.44.

About STR
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit and

North America Media Contact
Haley Luther
Communications Coordinator
+1 (615) 824-8664 ext. 3500

General Media Inbox:

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editorial Director Stephanie Ricca at

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.