5 Issues to Know About Reserving a Summer time Rental

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“There are a lot of operators and owners who are not used to being fully booked and it can be difficult to make sure they sort out cleaning schedules and the like,” said Jeremy Gall, a vacation rental industry veteran and the managing director and founder of Breezeway. a platform for property maintenance and cleaning.

But he added, “I think it’s all generally good news, especially in the context of the past 12 months. I don’t think there is an owner, host, or manager who would trade the insecurity they felt about this time of year last year for a fully booked summer. “

According to Transparent, a vacation rental data company, the nationwide average room rate for Airbnb vacation rentals is expected to be around $ 220 in July and August. Last year it was $ 194; in 2019 it was $ 185.

At Evolve, a hotel company that manages more than 14,000 short-term rentals in the U.S., night rates rose 27 percent in July and 19 percent in August, in the same months of 2019.

“I wouldn’t say we didn’t raise our prices much,” said Jon Mayo, whose Airbnb in Palm Springs booked more nights this summer than ever before, despite the certainly stifling desert temperatures. “I rent at prices I wouldn’t even have dreamed of three years ago.”

In the 1,000 vacation homes managed by Twiddy & Company, a hotel and asset management company in the Outer Banks, North Carolina, summer weekly rates have increased 8 percent since 2019, from $ 8,406 to $ 9,152. Average prices in the Hamptons – around $ 1,360 per night – up 12 percent this summer at StayMarquis, a luxury vacation property management company, are up 12 percent from 2019. Companies in Hawaii are up 11 percent from 2019.

The extended travel patterns that developed last summer from months of stays to weekends of four and five nights are fully in effect again this year.