Short Term Rental Trends

New Hampshire Airbnbs & STRs

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Current Vacation Rental Performance in New Hampshire

While the sources provided do not specifically focus on New Hampshire's vacation rental market, some general trends and insights from the broader U.S. vacation rental market can be applied to understand the potential performance in New Hampshire.

Market Trends

  • The U.S. vacation rental market is expected to grow at a slow pace in 2024, driven by factors such as the increasing popularity of online booking platforms and the growing demand for flexible travel options.
  • However, the market is experiencing a decline in occupancy rates, with August 2024 showing a 2% lower calendar occupancy compared to 2023 and a 5% lower occupancy compared to 2022. This is attributed to increasing supply and softening demand.

Regional Considerations

  • New Hampshire, particularly areas like those in the Granite State, may face similar challenges such as rising housing costs and limited inventory, which could impact the vacation rental market. The state's high median rental costs and low vacancy rates for rental units suggest a competitive housing market that could influence vacation rental performance.

Performance Indicators

  • Despite the national trends, specific regions can perform differently. For example, areas with high demand and limited supply, such as coastal regions in New Hampshire, might maintain better occupancy rates and revenue stability compared to other areas.

Future Outlook

  • The late fall travel season is showing positive signs, with performance pacing ahead of previous months. This could indicate a potential recovery or stabilization in the vacation rental market as the year progresses.

In summary, while specific data for New Hampshire's vacation rental market is not available, the state is likely to follow broader national trends of slow growth, declining occupancy rates, and regional variations in performance. However, areas with high demand, such as coastal regions, may perform better than others.

Current Airbnb & VRBO Trends by City

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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.