New Orleans, LA · Occupancy & ADR
New Orleans occupancy rate and average daily rate
A well-run New Orleans short-term rental models at 66% occupancy — about 241 booked nights a year — at an average daily rate of $265. That works out to $175 of revenue per available night.
Occupancy
66%
241 nights booked
Average daily rate
$265
Revenue per available night
$175
ADR × occupancy
Typical stay length
2.6 nights
≈ 93 turnovers a year
Rate versus nights booked
In New Orleans the two levers move against each other. Modelled outcomes at three pricing positions:
| Pricing position | Nightly rate | Occupancy | Nights | Gross revenue |
|---|---|---|---|---|
| Price 10% under the market | $239 | 74% | 270 | $64,484 |
| Market pricing | $265 | 66% | 241 | $63,839 |
| Price 10% over the market | $292 | 58% | 212 | $61,902 |
The trade-off uses a modelled price elasticity: a 10% price move shifts occupancy by roughly 12% in the opposite direction. Real elasticity varies by property and by season — treat this as a way to frame the decision, not a forecast.
Occupancy by month
| Month | Modelled occupancy | Modelled ADR |
|---|---|---|
| Jan | 58% | $241 |
| Feb | 61% | $249 |
| Mar | 69% | $273 |
| Apr | 71% | $281 |
| May | 71% | $281 |
| Jun | 71% | $281 |
| Jul | 66% | $265 |
| Aug | 63% | $257 |
| Sep | 69% | $273 |
| Oct | 71% | $281 |
| Nov | 63% | $257 |
| Dec | 58% | $241 |
Compare New Orleans with nearby markets
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