The short-term rental market in Campton, Kentucky, is thriving, with the nearby town of Stanton ranked as the seventh-most profitable in the country for such investments, attracting travelers from across the globe with its appealing outdoor recreation opportunities and supportive local community.
Thriving Short-Term Rentals in Campton, Kentucky: A Booming Tourism Hub
Campton, Kentucky, nestled in the heart of the Red River Gorge, is experiencing a significant surge in its short-term rental market. This picturesque area, known for its outdoor recreation opportunities, has become a magnet for travelers seeking to "get off the grid" and enjoy nature. According to recent data, properties in this region boast impressive occupancy rates, with some areas averaging around 56% occupancy, a figure driven by the high demand for accommodations near Natural Bridge State Resort Park and the Red River Gorge Geological Area.
The average daily rate (ADR) for these rentals is also noteworthy, with rates reaching up to $236 per night, reflecting the area's popularity among outdoor enthusiasts and tourists. This combination of high occupancy and robust ADRs makes Campton an attractive and profitable destination for short-term rental investors, solidifying its position as one of the top markets for vacation rentals in 2024.
Short-Term Rental Regulations in Campton, Kentucky for 2024
State and Local Regulations
Compliance with State Regulations
- Short-term rental hosts must obtain a transient room tax license and collect a 1% transient room tax from guests, which is then remitted to the Kentucky Department of Revenue.
Zoning Laws
- Hosts must be aware of and comply with local zoning laws, as some residential areas may have restrictions on short-term rentals.
Homeowners Association (HOA) Rules
- If the property is part of an HOA, hosts must comply with additional rules and regulations set by the HOA.
Health and Safety
- While there are no specific local laws, hosts must adhere to broader state regulations that may include health and safety standards, such as fire and building safety, sanitation, and traffic control.
Registration and Licensing
- Although Campton does not have specific local regulations requiring registration, hosts must ensure compliance with state regulations and any applicable local ordinances that might be enacted in the future.
Tax Compliance
- Hosts must be current on all applicable taxes, including the transient room tax, and ensure that all tax obligations are met.
Property Use Restrictions
- Hosts should ensure that their properties are used in accordance with the designated zoning and any conditional use permits that might be required by local authorities.
Inspection and Compliance
- Hosts may be subject to inspections to ensure compliance with state and local regulations, although specific inspection requirements are not detailed for Campton.
Marketing and Advertising
- Hosts must comply with any regulations regarding the marketing and advertising of short-term rentals, including providing accurate information about the property and its occupancy limits.
By adhering to these regulations, short-term rental hosts in Campton, Kentucky can ensure they are operating within the legal framework and avoiding potential legal issues.
Top Neighborhoods for Airbnb Revenue in Campton, Kentucky
Why They Are Appealing for Guests
1. Red River Gorge Area
- Appeal: This area is highly sought after due to its proximity to Natural Bridge State Park, Muir Valley, and numerous outdoor activities such as zip lining, kayaking, and hiking trails. Properties here, like the "Peaceful Corner near Red River Gorge" and "FrogSongCabin@Red River Gorge," offer easy access to these attractions, making them highly rated and frequently booked.
2. Daniel Boone National Forest
- Appeal: Located within the Daniel Boone National Forest, cabins such as the "FrogSongCabin@Red River Gorge" offer a serene and natural environment. Guests are drawn to the private hot tubs, outdoor sitting areas, and the overall cozy and stylish ambiance of these cabins.
3. Campton City Center
- Appeal: Properties in the city center of Campton, such as the "Cabin in Campton" (The Western Sky), are popular due to their convenient location and amenities like WiFi, full bathrooms, and cold A/C. These properties are often located on large lots or have private decks, providing a peaceful stay close to local attractions.
4. Muir Valley and Surroundings
- Appeal: Neighborhoods near Muir Valley are favored for their quick access to outdoor activities and scenic views. Homes like the "Peaceful Corner near Red River Gorge" offer hand-stitched quilts and handmade products, adding a touch of local charm. The large acreage and family-friendly amenities make these properties ideal for various types of guests.
Key Factors
- High Occupancy Rates: Properties in these neighborhoods have high occupancy rates, averaging around 50% throughout the year, indicating strong demand.
- Proximity to Attractions: The close proximity to natural attractions and outdoor activities is a significant draw for guests.
- Amenities and Comfort: The availability of amenities such as hot tubs, private decks, and full kitchens enhances the guest experience.
- Positive Reviews: These areas have properties with high average ratings, reflecting guest satisfaction with the location, cleanliness, and overall stay.
Furnishing and Design Tips for an Inviting Airbnb in Campton, Kentucky
Understanding the Local Style
- Campton, Kentucky, is known for its natural beauty, particularly around the Red River Gorge. Incorporate elements that reflect this outdoor charm, such as using natural materials, earthy colors, and adding plants to bring in a touch of the outdoors.
Choosing the Right Furniture
- Select Durable and Easy-to-Clean Furniture: Opt for furniture that is sturdy and easy to maintain, such as solid beds with storage, sofas made from easy-to-clean materials, and high-quality, durable towels.
- Avoid Flimsy and High-Maintenance Materials: Steer clear of real and faux leather, as they are tough to maintain. Instead, choose materials that can withstand the wear and tear of frequent guests.
Optimizing Space and Layout
- Measure and Plan Your Space: Ensure that the furniture layout allows for ample space to move around and does not block natural light sources. Use smart storage solutions like beds with drawers, wall hooks, and stackable containers to keep the space tidy.
- Use Mirrors to Enhance the Space: Mirrors can make your Airbnb feel bigger and brighter. Add a full-length mirror in the bedroom and consider smaller mirrors in other areas to reflect light and create a sense of spaciousness.
Adding Local Touches
- Incorporate Local Decor: Use local artwork, handmade crafts, or items that reflect the region's history and culture to give your Airbnb a unique and authentic feel.
- Utilize Natural Elements: Incorporate natural elements such as wood, stone, and plants to align with the outdoor beauty of Campton.
Ensuring Guest Comfort
- Provide Essential Amenities: Include a hairdryer, basic toiletries, a first-aid kit, and high-speed internet to cater to the needs of various guests. Ensure there are power sockets conveniently located for hair dryers and other appliances.
- Comfortable Workspaces: For guests who need to work, provide a sturdy desk, a comfy chair, good lighting, and easy access to power outlets.
Timing and Budgeting
- Update During Off-Season: Plan furniture updates during the off-season or short gaps between bookings to minimize disruption to your guests. This ensures your place remains in top shape without impacting bookings.
- Budget Wisely: Allocate your budget effectively by splurging on statement pieces like sofas and dining tables while opting for more affordable options for other items. Consider the cost per square foot to plan your budget accordingly.
Accessibility and Safety
- Ensure Accessibility: Make your Airbnb accessible to guests with disabilities by incorporating features like ramps, wide doorways, and grab bars in bathrooms.
- Install Safety Features: Ensure the property has smoke detectors, carbon monoxide detectors, and a first aid kit to ensure guest safety.
By following these tips, you can create an inviting and functional Airbnb space in Campton, Kentucky, that reflects the unique charm of the area and provides a comfortable stay for your guests.
Discover Campton, Kentucky: Local Attractions and Insider Tips
Local Attractions
Outdoor Adventures
- Red River Gorge Ziplines: Experience the thrill of ziplining across the forested ridges of the Red River Gorge.
- Natural Bridge State Resort Park: Home to a 65-foot high and 78-foot long natural sandstone arch, offering hiking, camping, fishing, and a nature center.
- Gorge Underground: Explore the mysterious underground world of the Red River Gorge through kayaking or cave boat tours.
- SUP Kentucky: Enjoy stand-up paddleboarding in the scenic waters of the Red River Gorge.
Unique Experiences
- Kentucky Reptile Zoo: A non-profit zoo featuring a variety of reptiles, including spitting cobras, mambas, and anacondas.
- Red River Rockhouse: An eclectic American cafe with local farmers' produce and organic food choices, plus a selection of beers on tap.
- Hop’s Fork: A Kentucky-Proud restaurant and beer garden in shipping containers, offering farm-to-table fare and live music.
Historical and Cultural Sites
- Red River Historical Museum: Located in Clay City, this museum showcases artifacts from the iron, logging, and railroad industries of the area.
- Swift Silver Mine Festival: Attend this annual festival on Labor Day weekend, featuring a parade and vendors in downtown Campton.
Other Attractions
- Nada Tunnel: A historic 900-foot tunnel that serves as an entrance to the Red River Gorge, listed on the National Register of Historic Places.
- Miguel`s Pizza and Campground: Enjoy the best pizza in the area along with camping options.
- Twin Knobs Campground/Beach: A campsite with beach access, perfect for a relaxing day outdoors.
Insider Tips
Getting Around
- Leave No Trace Adventures Trail Shuttle: Use this shuttle service to avoid overcrowding and congestion in popular areas. It offers flexible pick-up and drop-off points throughout the area.
Local Events
- Annual Festivals: Check the local calendar for events like the Swift Silver Mine Festival, which adds a unique cultural experience to your visit.
Dining and Nightlife
- Local Cuisine: Support local restaurants like Red River Rockhouse and Hop’s Fork, which offer a taste of Kentucky’s farm-to-table culture.
- Drive-In Theaters: Catch a movie under the stars at one of the local drive-in theaters, a nostalgic and fun experience.
Outdoor Tips
- Hiking and Climbing: Take advantage of guided rock climbing and hiking trails in the Red River Gorge. Ensure to follow all safety guidelines and regulations.
- Herpetology: Explore the area's rich herpetological diversity by observing local reptiles and amphibians in their natural habitats.
By sharing these local attractions and insider tips, you can enhance your guests' experience and help them make the most of their visit to Campton, Kentucky.
Practical Tips to Run a Successful Short-Term Rental Business in Campton, Kentucky
To ensure a smooth and enjoyable experience for both hosts and guests in Campton, Kentucky, several practical tips can be implemented. First, it is crucial to address noise regulations by informing guests about quiet hours through clear communication in the listing and a digital or physical house manual. This manual should also include essential instructions, Wi-Fi passwords, and other pertinent details to help guests navigate the property effortlessly.
A simplified check-in process can be achieved by utilizing smart locks, which eliminate the need for physical key exchanges and provide guests with immediate access upon arrival. Additionally, providing parking instructions with photos can help guests find and use the parking facilities without confusion, reducing the likelihood of issues and enhancing their overall stay.
By adhering to local regulations, such as obtaining a business license and paying the transient room tax, and highlighting the area's natural attractions and amenities like outdoor spaces and full kitchens, hosts can maximize occupancy and guest satisfaction in Campton, Kentucky.
Here is a brief list of house cleaning providers in Campton, Kentucky:
House Cleaning Providers in Campton, KY
Sparkling and Beyond
- A professional cleaning company based in Campton, KY, offering standard cleaning services for both commercial and residential properties using state-of-the-art equipment.
Cleaning Services Listed on Angi
- A list of the top 10 best house cleaners in Campton, KY, with real reviews and ratings to help you choose the right service.
Cleaning Ladies on Care.com
- A selection of affordable cleaning ladies in Campton, KY, with listings including rates, reviews, and experience.
Note that the list does not include repair or maintenance providers, as the sources provided focus primarily on cleaning services.
Short-Term Rental Management Fees in Campton, Kentucky: A Comprehensive Guide
In Campton, Kentucky, managing a short-term rental property can come with a range of fees, typically varying between 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, such as those offered by Summer and Awning, handle all aspects including guest communication, marketing, and maintenance, and their fees usually range from 15% to 25% of the rental income.
On the other hand, basic or half-service management options, like those from Evolve, may charge lower fees starting at around 10%, but these services often leave more of the day-to-day tasks to the property owner. Additionally, property owners may incur extra fees for services such as cleaning, repairs, and design enhancements. Understanding these fee structures is crucial for property owners to ensure they maximize their rental income while minimizing the hassle of managing their properties.