Short Term Rental Trends

Georgia Airbnbs & STRs

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RedAwning offers vacation rental property management for busy vacation rental owners and Airbnb hosts. Starts at 10% of revenue.
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Current Vacation Rental Performance in Georgia

Market Overview

The vacation rental market in Georgia is exhibiting strong performance, driven by robust tourism and favorable economic conditions.

Key Cities

  • Savannah: Known for its historical district and tourist appeal, Savannah has seen a significant increase in average revenue per property, with a 42.79% rise between 2021 and 2024. Investment-grade properties in Savannah have performed particularly well, with a 66.04% increase in average revenue. The city's occupancy rate is high, at 64%, with an average daily rate of $327.2 and a RevPAR of $212.7.
  • Atlanta: Atlanta's market has also shown positive growth, with a 23.61% increase in average revenue per property. Investment-grade rentals in Atlanta saw a 49.74% increase, indicating a healthy and expanding market. However, the growth is less pronounced compared to Savannah.

Regulatory Impact

Regulations in both Savannah and Atlanta have shaped the market by constraining the supply of short-term rentals, which has contributed to a more robust and lucrative market. Despite stricter regulations, both cities have witnessed substantial revenue growth.

Amenities and Demand

Properties featuring amenities like hot tubs and pool tables have seen significant revenue increases. In Savannah, properties with pool tables experienced a 68.35% increase in revenue, while those with hot tubs saw a 35.75% increase. Similar trends are observed in Atlanta, although the impact of these amenities has fluctuated over time.

Emerging Markets

Other cities in Georgia, such as Athens and Augusta, are emerging as attractive markets for vacation rentals. Athens, with its vibrant music scene and college town status, and Augusta, known for the Masters Golf Tournament, offer unique opportunities for investors.

Economic and Tourism Factors

Tourism is a major driver of success in Georgia's Airbnb market, with areas regularly visited by travelers seeing enhanced occupancy rates. Seasonal events, historical landmarks, and local festivals contribute to the demand for short-term rentals. The state's economic health and accessibility to jobs and entertainment also influence the demand for these rentals.

Current Airbnb & VRBO Trends by City

No state available.

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FAQ

What does your pricing structure look like?
Our prices start at 10% of revenue. You can check out our pricing page for more information.
What types of vacation rental properties do you manage?
We manage a wide range of vacation rental properties, including single-family homes, condos, apartments, and luxury villas. Our services are tailored to meet the unique needs of each property type.
How do you handle guest support?
Our team provides 24/7 guest support, handling all inquiries, booking assistance, and any issues that may arise during a guest's stay. This ensures a seamless experience for your guests.
What is included in your damage waiver?
Our damage waiver provides $3,000 in coverage per booking, protecting you from accidental damages without the need for security deposits. This coverage is automatically included with every booking.
How does the payment process work?
We handle all aspects of the payment process, including processing payments, managing declined cards, and providing chargeback protection. Funds are deposited directly into your account, ensuring a smooth and secure transaction.
Can I still use my own booking website?
Absolutely! We offer a direct booking website service that allows you to showcase your property and accept bookings directly, bypassing the fees charged by major booking sites.
How do I get started with RedAwning?
Getting started is easy! Simply contact us for a free consultation, and our team will guide you through the onboarding process to ensure a smooth transition to our platform.
Why is RedAwning better than other property management companies?
RedAwning sets itself apart from other property management companies with a technology-driven, cost-effective approach that offers both full-service and partial management options, catering to vacation rental owners who value flexibility and control. Unlike competitors like Vacasa or AvantStay, which focus solely on full-service management with fees ranging from 25-50% of income, RedAwning provides a choice: comprehensive oversight including marketing, reservations, guest support, and maintenance, or a partial-service model emphasizing marketing and bookings across 50+ platforms like Airbnb, Vrbo, and Booking.com, potentially increasing bookings compared to narrower-channel options like Evolve. RedAwning's fees start at 10%. Having served the industry for 15 years, RedAwning combines experience with lower fees and rapid onboarding—listing properties in an afternoon—appealing to hosts who want efficiency without losing decision-making power, though it may not suit those needing extensive local support like Vacasa provides. Its scale (20,000+ properties across 10,000 destinations) and data-driven pricing give it an edge over Evolve’s simpler approach, making it a versatile choice for tech-savvy hosts seeking tailored management solutions.