Beaver Creek Colorado Vacation Rental Managers

Positive vacation rental trends in Beaver Creek, Colorado include: Significant growth in short-term rentals, which have been rising steadily since 2014. A surge in short-term rentals has caused demand to outstrip supply and created an imbalance between supply and demand that is pushing prices up. According to Zumper, the average monthly rent for a one-bedroom apartment in Beaver Creek rose by $250 between January 2017 and January 2018. There is also a shortage of available space, especially in desirable neighborhoods like downtown and Cherry Creek. This occupancy rate translates into higher rents. As a result, the median price of a one-bedroom apartment in Beaver Creek is $1,275, up from $1,000 during the same period last year. Longer-term rentals are not as affected by short-term rentals because they typically command higher prices. However, longer-term rentals can also be affected by an influx of tourists because they are more susceptible to higher prices due to supply and demand.

It’s easy to see why Beaver Creek has become one of Colorado’s top vacation destinations. Located along the foothills of the Rocky Mountains, this small town offers a variety of outdoor activities, including hiking, biking, skiing and more. In addition to its natural beauty, Beaver Creek is also known for its high quality of life. The town has a thriving arts and culture scene as well as a number of restaurants and shops. It is also a very dog-friendly community, with nearly one in five households owning at least one canine. As a result, there is an abundance of pet-friendly rentals in the area. Below are some positive trends that you can expect to encounter when renting out your home in Beaver Creek:

RedAwning takes the guess-work out of Beaver Creek property management, and we work with you to ensure your Beaver Creek short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.