Airbnb & VRBO Performance in Bishop California.

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Bishop, California: Airbnb & VRBO Vacation Rental Market Overview

In Bishop, California, short-term rentals are performing well, with a median occupancy rate of 52%, an average daily rate of $130, and an average annual host income of $23,000, making it a stable and profitable investment opportunity.

Market overview

Thriving Short-Term Rental Market in Bishop, California

Bishop, California, is experiencing a robust short-term rental market, making it an attractive destination for both hosts and travelers. With a median occupancy rate of 52%, short-term rentals in Bishop are in high demand, indicating a stable and profitable investment opportunity. The average daily rate for these rentals stands at $130, contributing to an average annual host income of $23,000. This strong performance is further bolstered by lenient local regulations, which have not imposed significant restrictions on new short-term rental applications. As a result, Bishop continues to be a favorable location for those looking to capitalize on the short-term rental market.

Short Term Regulations

Short-Term Rental Regulations in Bishop, California for 2024

Registration and Licensing

  • Short-term rental hosts must register their properties with the City of Bishop by the specified deadline to avoid penalties.

Fees and Taxes

  • Hosts must pay transient occupancy taxes, Bishop Tourism Improvement District fees, and a $150 annual application fee.
  • Obtain a City of Bishop business license.

Operational Requirements

  • Short-term rentals are only allowed at the property owner's primary residence.
  • Hosts must notify neighbors when establishing a short-term rental.

Guest and Parking Limitations

  • There is a limit on the number of guests that can be accommodated in a short-term rental.
  • On-site parking must be provided for all guests.

Permit Renewal and Revocation

  • Short-term rental permits must be renewed annually.
  • The City reserves the right to impose conditions on the permit to prevent the property from becoming a nuisance to neighbors.
  • Permits can be revoked if the short-term rental operates in violation of the ordinance, if taxes or fees are not remitted, or if the property becomes a nuisance.

Enforcement

  • Local residents are encouraged to report unlicensed short-term rentals.
  • The City Council has emphasized the need for better enforcement of existing regulations rather than imposing new restrictions.

Compliance with Health and Safety Standards

  • Short-term rentals must comply with health and safety regulations to protect guests and prevent nuisances to neighbors.
Neighborhood Performance

High-Revenue Airbnb Neighborhoods in Bishop, California

Neighborhoods Generating Significant Airbnb Revenue

Downtown Bishop

  • Appeal: Downtown Bishop is highly attractive due to its bustling local vibe, proximity to shops, restaurants, and the convenience of being in the heart of the city. Guests appreciate the easy access to local amenities and the vibrant atmosphere.

Bishop Creek Canyon

  • Appeal: This area is popular among adventure-seekers due to its proximity to outdoor recreational activities such as hiking, fishing, and rock climbing. The scenic views and easy access to nature make it an ideal location for guests looking for an immersive outdoor experience.

Areas Near Mammoth Lakes

  • Appeal: Mammoth Lakes is a renowned outdoor destination, drawing guests for its skiing, hiking, and other recreational opportunities. Neighborhoods near Mammoth Lakes benefit from the high demand for accommodations close to these popular attractions.

Areas Near Eastern Sierra

  • Appeal: The Eastern Sierra region offers stunning natural landscapes, including the Ancient Bristlecone Pine Forest and other scenic landmarks. Guests are drawn to these areas for their picturesque views and the opportunity to engage in various outdoor activities.

Swall Meadows and Crowley Lake

  • Appeal: These areas are known for their scenic beauty and recreational opportunities, making them appealing to guests who want to experience the natural beauty of Bishop. The proximity to outdoor activities such as skiing, fishing, and hiking adds to their attractiveness.

Key Features Attracting Guests

  • Outdoor Amenities: Access to outdoor spaces, gear storage, and amenities like hot tubs and fireplaces enhance the appeal of Airbnb listings in these neighborhoods.
  • Authentic Decor: Properties with rustic charm, natural materials, and outdoor motifs resonate well with guests who are looking for an authentic connection to the area.
  • Proximity to Attractions: Being close to popular attractions like Mammoth Lakes, Bishop Creek Canyon, and the Eastern Sierra increases the desirability of these neighborhoods for Airbnb guests.
  • Modern and Stylish Furnishings: Updated furnishings that blend comfort with convenience are highly sought after, allowing hosts to command higher nightly rates and boost occupancy rates.
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Design Tips

Creating an Inviting Airbnb in Bishop, California: Design and Furnishing Tips

Understanding Bishop's Unique Style

  • Bishop, CA, is known for its proximity to outdoor attractions like Yosemite National Park and Mammoth Lakes, making it a hub for nature lovers and adventure seekers.
  • The city's aesthetic often reflects its rustic and natural surroundings.

Key Features and Amenities

  • Outdoor-Themed Decor: Incorporate authentic decor that resonates with the scenic environment, such as mountain-inspired designs, natural materials, and outdoor motifs.
  • High-Quality Bedding: Invest in modern and stylish furnishings, including high-quality bedding to enhance comfort and guest satisfaction.
  • Functional Furniture: Choose functional furniture that blends with the rustic charm, such as wooden or stone pieces, and ensure they are comfortable and practical.

Neighborhood Considerations

  • Proximity to Downtown and Outdoor Hotspots: Opt for properties close to downtown Bishop or near parks and recreational areas like Bishop Creek Canyon or the Eastern Sierra. These locations attract tourists and adventure-seekers.
  • Scenic Views: Properties with scenic views or easy access to outdoor activities are highly attractive to potential guests.

Design and Furnishing Tips

  • Rustic yet Modern Design: Combine rustic elements with modern touches to create a balanced and inviting space. Use materials like wood, stone, and metal to reflect the natural beauty of the area.
  • Cozy Textiles and Earthy Color Palettes: Incorporate cozy textiles, vintage elements, and earthy color palettes to create warm and inviting spaces.
  • Local Art and Craftsmanship: Include local artwork and handmade pieces to provide an authentic connection to the area.

Essential Amenities

  • Well-Equipped Kitchens: Ensure kitchens are well-equipped for meal preparation after a day of adventure. This includes modern appliances and necessary cooking utensils.
  • Outdoor Spaces: Provide outdoor spaces for relaxation and socializing, such as decks, patios, or private yards. These areas should be furnished with durable yet attractive outdoor furniture.
  • Unique Amenities: Offer unique amenities like hot tubs, fireplaces, and gear storage for outdoor equipment to enhance the guest experience.

Practical Considerations

  • Bedroom Setup: Ensure bedrooms are well-organized with comfortable beds and adequate space for nightstands. Avoid clutter and ensure easy movement around the room.
  • Linens and Cleaning: Keep linens organized and consider using uniform bed sizes to simplify cleaning tasks for your cleaning team.

By following these tips, you can create an Airbnb in Bishop, CA, that not only reflects the city's unique style but also provides a comfortable and inviting space for your guests.

Insider Tips

Local Attractions and Insider Tips for Visiting Bishop, California

Natural Attractions

Ancient Bristlecone Pine Forest

  • Home to the oldest trees in the world, including the famous Methuselah tree.
  • Explore self-guided trails and visit the Schulman Grove visitor center during summer.
  • Local Tip: Be prepared for high elevation and bring layers.

Buttermilk Country Boulders

  • World-class rock climbing spot with breathtaking views.
  • Local Tip: Ensure you have high clearance and 4WD to access the area, or be prepared to hike in.

Millpond Ecosystem

  • A peaceful oasis perfect for picnics and relaxation, with beautiful views and wildlife.
  • Local Tip: Bring binoculars for birdwatching.

Keough's Hot Springs

  • Natural hot springs ideal for a relaxing soak after outdoor activities.
  • Local Tip: Check the facilities and staff for any updates or special events.

Convict Lake

  • A popular recreation area with a loop hike, boat and kayak rentals, and a historic shoot-out site.
  • Local Tip: Visit in the fall for particularly stunning views.

Historical and Cultural Sites

Manzanar National Historic Site

  • A somber historical site that served as an internment camp for Japanese-Americans during WWII.
  • Local Tip: Plan for a reflective and educational visit.

Laws Railroad Museum

  • A historic site with 40 buildings, steam engines, and the opportunity to ride historic trains.
  • Local Tip: Allocate at least an hour and a half to fully explore the exhibits.

Paiute Shoshone Cultural Center

  • Celebrates the culture of the Paiute and Shoshone tribes with exhibitions, artifacts, and a gift shop.
  • Local Tip: Check for the weekly public community market with live music, food, and local artisans.

Downtown Bishop

Downtown Bishop Mural Tour

  • Explore the town on two wheels and marvel at local murals on a self-guided tour.
  • Local Tip: Rent bikes and enjoy the easily walkable downtown area.

Independent Shops, Restaurants, and Breweries

  • Visit unique shops, restaurants, cafes, bars, a brewery, and a distillery in the heart of Bishop.
  • Local Tip: Try local specialties and support independent businesses.

Outdoor Activities

Hiking

  • Popular trails include Gem Lakes, Convict Lake, and the Bishop Creek Recreational Area.
  • Local Tip: Choose trails based on your skill level and the season to avoid snowshoes if necessary.

Mountain Biking and Road Cycling

  • Various trails and routes available, including Buttermilk Country, Bishop Creek, and the White Mountains.
  • Local Tip: Select gentle trails for scenic views or more challenging routes for adrenaline seekers.

Unique Destinations

Benton Hot Springs

  • A historic town with private hot springs where you can adjust the water temperature.
  • Local Tip: Visit the highly photogenic cemetery on the hill above the hot springs.

Mono Lake

  • Known for its unique tufa limestone formations and as a habitat for migratory birds.
  • Local Tip: Be cautious of the hot water at Hot Creek Geologic Site and enjoy the scenic walk along the creek.

Events

Bishop Mule Days Festival

  • An annual festival around Memorial Day celebrating the contributions of pack mules with competitive drives, demonstrations, and a parade.
  • Local Tip: Book accommodations and festival tickets well in advance.

By providing these insider tips and recommendations, your guests can fully enjoy the diverse attractions and experiences that Bishop, California has to offer.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Bishop, California

To ensure a smooth and successful short-term rental business in Bishop, California, 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 harmonious neighborhood environment. Include this information in your digital and physical house manual to avoid any potential issues.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important information about the property. This will help guests navigate the space easily and reduce the need for frequent inquiries.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear instructions on how to use the smart locks and ensure that guests receive all necessary access codes in advance.

Parking Instructions

Include detailed parking instructions with photos in your house manual to help guests understand where and how to park. This can prevent confusion and potential parking violations, especially in areas with limited parking options.

By following these tips, you can enhance the guest experience, reduce potential issues, and maintain a positive reputation for your short-term rental business in Bishop, California.

Local Vendors

Here is a brief list of house cleaning, repair, or maintenance providers in Bishop, California:

House Cleaning and Maintenance Providers in Bishop, CA

1. Bishop Building Maintenance

  • Offers janitorial services for residential and possibly commercial properties.
  • Located at 233 Rawson Creek Rd, Bishop, CA.

2. Merry Maids of Ridgecrest

  • Provides house cleaning services with 18 years of experience.
  • Serves the Bishop area.

3. Managing Mammoth INC.

  • Offers cleaning services, though primarily known for property management.
  • Located at 1407 Tavern Rd Ste 2, Bishop, CA.

For more detailed reviews and ratings, you can refer to the listings on Angi, Yellow Pages, HomeAdvisor, or Care.com.

Management fees

Short-Term Rental Management Fees in Bishop, California: A Comprehensive Guide

In Bishop, California, the fees for managing short-term rentals can vary significantly based on the level of service provided. Typically, these fees range from 10% to 30% of the rental revenue. Full-service management, which includes comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often ranging from 20% to 30% of the rental income.

In contrast, basic services may incur lower fees, sometimes as low as 10% of the monthly rent. Additionally, property owners may need to consider extra fees for services like cleaning, repairs, or design enhancements, which can add to the overall cost. Understanding these fee structures is crucial for property owners to manage their short-term rental properties effectively and ensure they are getting the best value for their money.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Bishop should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
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50+ Top Booking Channels
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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Bishop.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for California