Short Term Rental Trends

West Virginia 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 West Virginia

Pricing and Availability

  • Vacation rental prices in West Virginia vary widely, with nightly rates ranging from $144 to $411, depending on the amenities and location.
  • Average prices for different periods show fluctuations, with higher rates during peak seasons such as winter holidays and summer vacations. For example, average prices can be as high as $463 per night during the winter holiday season.

Occupancy Rates

  • Similar to national trends, vacation rental occupancy in West Virginia is experiencing a decline. Calendar occupancy rates are lower compared to 2023 and 2022, reflecting a broader trend in the U.S. vacation rental market.

Seasonal Demand

  • West Virginia's vacation rentals see high demand during summer for outdoor activities like kayaking, fishing, and hiking. Winter seasons, particularly around ski areas like Snowshoe Mountain and Canaan Valley, also attract a significant number of visitors.
  • Off-peak seasons offer lower rates and higher availability, making them a strategic time for travelers seeking value.

Amenities and Locations

  • Popular locations include New River Gorge, Canaan Valley, Lewisburg, Snowshoe Mountain, and Harpers Ferry. These areas offer a range of amenities such as private hot tubs, fully-equipped kitchens, fireplaces, and easy access to outdoor activities.

Investment and Market Trends

  • For investors, identifying the best locations, such as those near attractions and amenities, is crucial. Monitoring metrics like occupancy rates, seasonal demand, and average nightly rates is essential for maximizing return on investment.
  • The market in West Virginia is favorable due to its natural beauty and outdoor recreation opportunities, but success requires strategic approaches including robust marketing and property upgrades.

Overall, while the vacation rental market in West Virginia is experiencing some declines in occupancy, it remains a popular destination with a range of attractive locations and amenities, offering opportunities for both travelers and investors.

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.