The short-term rental market in Bethel, Maine is thriving, with high demand driven by its vibrant outdoor recreational activities, resulting in significant occupancy rates and elevated rental income, particularly during the peak ski season and summer months.
Thriving Short-Term Rental Market in Bethel, Maine
Bethel, Maine, is experiencing a robust and vibrant short-term rental market, driven by its unique blend of natural beauty and cultural attractions. The area sees significant demand, particularly during the peak season from late November to early April, coinciding with the ski season at Sunday River Resort, and a modest surge in the summer months for outdoor activities like hiking and fishing. On average, short-term rentals in Bethel achieve a 42% occupancy rate, with an impressive average daily rate of $396.
This strong performance is bolstered by the diverse range of rental options, including luxury lodges, cozy cabins, and downtown apartments, catering to a wide range of guests. The market's resilience is further highlighted by the steady growth in active listings and revenue over the past year, making Bethel an attractive destination for both visitors and property investors.
Short-Term Rental Regulations in Bethel, Maine for 2024
As of the current information, Bethel, Maine, does not have enacted regulations specifically for short-term rentals. Here are the key points regarding the status of short-term rental regulations in Bethel:
Current Status
- The town of Bethel does not have any policies, registration requirements, or inspections for short-term rentals.
Proposed but Not Enacted
- A proposed short-term rental ordinance was discussed but was voted down by the Bethel select board in May 2023. This ordinance would have required registration, emergency contact information, and other regulations.
Future Considerations
- The town may consider regulations similar to those in other Maine municipalities, such as registration, safety inspections, and caps on the number of short-term rentals. However, no specific regulations have been adopted as of now.
State-Level Requirements
- While Bethel does not have local regulations, short-term rental operators in Maine must comply with state-level requirements, such as collecting and paying a 9% tax on all short-term rental reservations.
Top Neighborhoods Generating Airbnb Revenue in Bethel, Maine
1. Bethel Village
- Appeal: Bethel Village is highly appealing due to its central location, allowing guests to walk to the Bethel Inn, Gould Academy, local shops, restaurants, and the Maine Gem & Mineral Museum. Rentals like "Mitzies Cozy House" and "Unwind at this Modern Bethel Village Escape" are favorites for their proximity to amenities and the charming historic village atmosphere.
2. West Bethel
- Appeal: West Bethel offers a mix of convenience and natural beauty. It is close to major attractions like Sunday River and Mount Abram, making it ideal for skiers and outdoor enthusiasts. The area also features family-friendly and pet-friendly rentals, enhancing its appeal for a wide range of guests.
3. Locke Mills
- Appeal: Locke Mills is another popular neighborhood due to its strategic location near Sunday River and other outdoor activities. Rentals here often feature modern amenities, dedicated workspaces, and easy access to hiking trails and ski slopes, making it attractive for both families and remote workers.
4. Mayville
- Appeal: Mayville is known for its serene and picturesque setting, with many rentals offering panoramic views of the White Mountains. The area is close to Storyland, North Conway, and other attractions, making it a favorite for families and those seeking a peaceful retreat with easy access to local activities.
5. Newry
- Appeal: Newry is a hotspot for winter sports enthusiasts, with rentals like the "Skiers Get-Away" and "Timber Ridge w/ Hot tub, Home Theatre" offering direct access to Sunday River and Mt. Abrams. The area's scenic views and modern amenities make it highly appealing for couples and families looking for an active vacation.
These neighborhoods are favored for their combination of central locations, easy access to outdoor activities, and a range of amenities that cater to different types of travelers.
Tips for Furnishing and Designing an Inviting Airbnb in Bethel, Maine
Understanding the Local Market and Guest Preferences
- Cater to Outdoor Enthusiasts: Bethel, Maine, attracts guests who are often outdoor enthusiasts. Ensure your property includes amenities such as ski storage, bike storage, and outdoor seating areas to enhance their experience.
Choosing the Right Furniture and Decor
- Rustic and Cabin-Inspired Designs: Incorporate rustic and cabin-inspired designs that reflect the region's outdoor heritage. Use natural materials like wood and stone to create an inviting atmosphere.
- Modern Touches: Blend traditional charm with modern furnishings to cater to a broader audience. This mix of styles can create a comfortable and stylish space.
Functional and Comfortable Layout
- Smart Storage: Use beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to maximize storage and keep the space tidy.
- Space-Saving Furniture: Opt for furniture with big functionality, such as sofa beds, folding tables, and ottomans with hidden storage compartments.
Enhancing Aesthetics and Comfort
- Warm, Earthy Tones: Use warm, earthy tones to enhance the overall aesthetic and bring a sense of tranquility to the rental space.
- High-Quality, Durable Items: Choose high-quality, durable towels, linens, and furniture that can withstand frequent use. Opt for easy-to-clean materials and avoid real or faux leather.
Amenities and Features
- Outdoor Spaces: Provide outdoor spaces for relaxation, such as fire pits, BBQ grills, and outdoor seating areas. These amenities allow guests to fully enjoy the region's natural beauty.
- Modern Conveniences: Ensure the property includes modern conveniences like fully equipped kitchens, comfortable living spaces, and high-speed Wi-Fi to balance rustic charm with contemporary comfort.
Accessibility and Inclusivity
- Guests with Disabilities: Consider making your Airbnb accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in bathrooms.
Timing and Maintenance
- Off-Season Updates: Plan furniture updates during the off-season or short gaps between bookings to minimize disruption and keep the property in top shape for guests.
- Input from Cleaning Crew: Involve your cleaning crew in the selection of new furniture to ensure they are aware of any changes and can provide input on what holds up best against wear and tear.
Local and Unique Touches
- Local Design Elements: Incorporate local design elements to enhance the connection between the property and its surroundings, providing guests with a unique experience.
- Cozy Fireplaces: Include cozy fireplaces, which are highly coveted by guests in Bethel, Maine, especially during the colder months.
Discovering Bethel, Maine: Local Attractions and Insider Tips
Outdoor Adventures
Sunday River Ski Resort
- A premier ski destination with 8 peaks, 15 lifts, and 135 trails. Enjoy skiing, snowboarding, and scenic lift rides in the warmer months.
- Don't miss the Aprés at the Igloo experience for a unique winter dining event.
Grafton Notch State Park
- Explore rugged terrain, hike challenging miles of the Appalachian Trail, or take shorter walks to impressive waterfalls and gorges.
Bethel Pathway
- A 3.5-mile paved pedestrian pathway along the Androscoggin River, featuring a covered bridge and fitness activities.
Bethel Outdoor Adventure
- Rent kayaks, canoes, or stand-up paddleboards to explore the Androscoggin River. Enjoy tubing, whitewater rafting, and zip-lining.
Mount Abram Bike Park
- A family-friendly ski area and mountain bike park with trails for varying skill levels.
Screw Auger Falls and Other Waterfalls
- Visit Screw Auger Falls, Mother Walker Falls, and Dunn Falls for stunning waterfall views.
Cultural and Historical Attractions
Maine Mineral and Gem Museum
- Home to one of the world’s foremost collections of extraterrestrial rocks, including the largest pieces of the Moon on Earth. Visitors can even hold a piece of the Moon.
Bethel Historical Society
- Explore historic homes from the early 1800s, including the Dr. Moses Mason House and the Twitchell Education Center. Enjoy exhibits, lectures, and children’s programs.
Hastings Homestead Museum
- A preserved 1820s property showcasing over 200 years of family history and local culture.
Scenic and Photographic Spots
Sunday River Covered Bridge
- One of the most photographed covered bridges in Maine, offering picturesque views and easy parking.
Lovejoy Covered Bridge
- A historic covered bridge built in 1868, located on Route 5 into town.
Dining and Local Flavors
Smokin’ Good BBQ
- A hidden roadside gem for delicious barbecue.
Sunday River Brewing Company and Steam Mill Brewing
- Local microbreweries offering a variety of beers made from local ingredients.
Bethel Inn Resort Golf Course and Sunday River Golf Club
- Enjoy golfing surrounded by beautiful mountains at either of these courses.
Insider Tips
Parking and Access
- For the Bethel Pathway, park at Davis Park for easy access.
Seasonal Activities
- Visit Gibson’s Apple Orchard for apple picking, fresh-squeezed cider, and a pumpkin festival in the fall.
Unique Events
- Attend the Bethel Art Fair, Bethel Harvestfest & Chowdah Cookoff, or the North American Wife Carrying Championship for unique local experiences.
Rainy Day Activities
- Explore the Elements Art Gallery or visit the Maine Mineral and Gem Museum for indoor activities on rainy days.
By sharing these attractions and tips, you can help your guests make the most of their visit to Bethel, Maine.
Practical Tips to Run a Successful Short Term Rental Business in Bethel, Maine
To ensure a smooth and profitable short-term rental business in Bethel, Maine, several practical tips can be implemented:
Noise Regulations and Quiet Hours
Inform your guests about the local noise regulations and quiet hours to maintain a peaceful environment and avoid any potential fines. Include this information in your house manual and also display it prominently in the rental property.
Digital and Physical House Manual
Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This helps guests navigate the property easily and reduces the number of inquiries you receive.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos of the parking area and any specific parking instructions to avoid confusion.
Additional Tips
- Ensure compliance with local regulations, such as obtaining the necessary licenses and collecting the 9% lodging tax.
- Build strong relationships with local service providers to manage swift turnovers and maintain the property, especially during peak seasons.
- Tailor the property and guest experience to meet the needs of typical Bethel visitors, who are often outdoor enthusiasts.
By following these tips, you can enhance the guest experience, reduce operational hassles, and maximize your rental income in Bethel, Maine.
Here is a brief list of house cleaning, repair, and maintenance providers in Bethel, Maine:
House Cleaning Services
- Sparkling and Beyond: Offers standard cleaning services for commercial and residential properties, focusing on high-touch surfaces, bathrooms, kitchens, and common areas. Costs vary based on property size, frequency of cleanings, and services requested.
- Green Clean Bethel: Provides eco-friendly residential cleaning services in Bethel, Newry, Sunday River, and surrounding areas.
- Housekeepers via Bark: Connects clients with professional housekeepers in Bethel, allowing for free quotes and reviews.
- Top 10 Best House cleaners on Angie's List: A list of highly-rated house cleaners in Bethel, with details on services, rates, and other important considerations.
Repair and Maintenance Services
- SERVPRO of Lewiston-Auburn: Offers fire, water, and mold damage restoration, along with additional services such as air duct/HVAC cleaning, biohazard/crime scene cleaning, carpet/upholstery cleaning, and more. They serve the Bethel area with 24/7 emergency services.
Short-Term Rental Management Fees in Bethel, Maine: A Comprehensive Overview
In Bethel, Maine, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level and scope of services provided. Full-service management companies, such as GoSummer, Connecting Rentals of Bethel, and Maine Ski Lodging Co., offer a wide array of services including guest communication, marketing, strategic pricing, and maintenance. These comprehensive services usually come with higher fees, often between 20% to 25% of the rental income.
On the other hand, basic services or more limited management options may incur lower fees. Additional costs can include cleaning fees, which are often charged separately to guests but managed by the property management company, as well as fees for repairs, maintenance, and other consumable items. Understanding these fee structures is crucial for property owners to maximize their rental income and ensure compliance with local regulations in Bethel, Maine.