Airbnb & VRBO Performance in Copper Mountain Colorado.

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Copper Mountain, Colorado: Airbnb & VRBO Vacation Rental Market Overview

Copper Mountain, Colorado, is experiencing a robust short-term rental market, with a 34% increase in available properties to 1,417, indicating strong demand and growth in the tourism sector.

Market overview

Thriving Short-Term Rentals in Copper Mountain, Colorado

Copper Mountain, Colorado, continues to excel as a vibrant destination for short-term rentals, reflecting its enduring appeal to tourists and investors alike. Despite some regulatory adjustments, the area has seen a significant increase in short-term rental supply, with a 34% rise from 1,054 to 1,417 properties as of 2023.

The regulatory landscape, while evolving, has not dampened the sector's performance. Properties in the Resort Overlay Zone, including Copper Mountain, remain unrestricted in terms of the number of nights they can be rented, contributing to their high demand and occupancy rates.

While specific average daily rates (ADRs) for Copper Mountain are not provided in the latest data, the overall health of the short-term rental market suggests that ADRs are likely to remain competitive, given the area's popularity and the adaptability of property managers to new regulations. This resilience underscores Copper Mountain's status as a prime location for both tourists and investors in the short-term rental market.

Short Term Regulations

Short-Term Rental Regulations in Copper Mountain, Colorado for 2024

Licensing Requirements

  • Homeowners must obtain a Short Term Rental License through Summit County before advertising or operating their property as a short-term rental.

Tax Obligations

  • Homeowners must remit all applicable taxes, including County/State Taxes and a 4% Lodging Surcharge to the Copper Mountain Resort Association (CMRA).

Quarterly Surcharge Reports

  • Homeowners must complete a quarterly surcharge report every quarter, even if no sales are reported.

Health and Safety Regulations

  • Owners must follow the Summit County Health Order short-term lodging restrictions, including validating and confirming renters and providing them with the most recent public health orders.

Operational Requirements

  • Designate an agent responsible for responding to problems with the rental within an hour.
  • Follow safety, occupancy, and parking rules as outlined by Summit County regulations.

Occupancy Limits

  • For properties in the Resort Overlay Zone, occupancy limits are 2 persons per bedroom plus 2 (or 4, depending on the specific regulations) additional occupants, or 1 person per 200 square feet of living area, whichever allows for greater occupancy.

Enforcement and Compliance

  • Summit County can request vacation rental services like Airbnb and VRBO to remove listings for properties without a valid short-term rental license.
  • Owners must comply with all code violations and address issues within one hour of being notified by enforcement agents.

Annual Audits

  • Homeowners with a Short Term Rental License must complete an annual audit questionnaire, which includes providing their STR license number.

Property Management

  • Owners can use local property management companies, but must ensure these companies handle the necessary reporting and tax submissions, as not all companies automatically submit these on the owner’s behalf.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Copper Mountain, Colorado

Center Village

  • Why it's appealing: Center Village is highly prized for its convenient location, with many rentals offering ski-in/ski-out access, such as the "Altitude Adjustment 611 - Slopesidecopper" and "Slope-side LOFT Ski-In & Ski-Out Window bed".
  • Amenities: Guests can walk to the American Eagle chairlift, enjoy views of the ski slopes, and have easy access to restaurants, shopping, and nightlife.
  • Reviews: Properties here are highly rated for their location, cleanliness, and modern amenities.

Copper Junction

  • Why it's appealing: Copper Junction offers a mix of luxury and convenience, with condos like "The Ski Grotto: Slope Side Contemporary Condo" providing access to community amenities such as an outdoor pool, sauna, and on-site laundry.
  • Amenities: Guests appreciate the ski-in/ski-out access, modern interiors, and proximity to other ski resorts like Breckenridge, Vail, and Keystone.
  • Reviews: High ratings for location, cleanliness, and the availability of various amenities.

The Lodge at Copper Mountain

  • Why it's appealing: This area is popular for its renovated hotel-style units that offer ski-in/ski-out access to the American Flyer Lift. Properties like the "1BR ~ Ski-in / Ski-out ~ Renovated Hotel Style" condo are highly rated.
  • Amenities: Guests enjoy access to saunas, hot tubs, and a short walk to restaurants, shopping, and nightlife.
  • Reviews: High praise for the location, cleanliness, and updated amenities.

Base of Super B Lift

  • Why it's appealing: Rentals at the base of the Super B Lift, such as the "Copper Mtn base of Super B-Lift Ski-In/Ski-Out " condo, offer excellent ski access and additional amenities like an athletic club with hot tubs, indoor pool, and steam rooms.
  • Amenities: Full kitchen, fireplace, ski locker, and beautiful views of the golf course, river, and bike path.
  • Reviews: Guests appreciate the perfect location for family ski trips and the availability of various recreational activities.

These neighborhoods are particularly appealing due to their prime locations, modern amenities, and easy access to skiing and other outdoor activities, making them highly sought after by guests and thus generating significant Airbnb revenue.

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Design Tips

Furnishing and Design Tips for an Inviting Airbnb in Copper Mountain, Colorado

Understanding the Local Style

  • Copper Mountain is known for its mountain luxury and rustic charm. Incorporate elements that reflect this, such as wooden accents, stone fireplaces, and modern rustic designs.

Essential Investments

  • Quality Furniture: Invest in high-quality, durable furniture that can withstand frequent use. Avoid cheap alternatives as they may need to be replaced often, which can be more costly in the long run.

Key Amenities

  • Ski-In/Ski-Out Access: If possible, highlight ski-in/ski-out access, as this is a highly sought-after feature in Copper Mountain.
  • Hot Tubs and Fireplaces: Include amenities like hot tubs and fireplaces to enhance the guest experience and provide a cozy, inviting atmosphere.

Design Considerations

  • Mountain Views: Maximize the use of natural light and highlight stunning mountain views through large windows and well-placed seating areas.
  • Modern Rustic Decor: Combine modern appliances and furnishings with rustic elements like wooden beams, stone walls, and natural textiles to create a cohesive and inviting space.

Statement Pieces

  • Couches, Coffee Tables, and Dining Sets: Invest in statement pieces such as high-quality couches, coffee tables, and dining sets that define the space. These can be sourced from premium retailers like West Elm, Crate and Barrel, and Restoration Hardware.

Additional Touches

  • Plants and Greenery: Add plants and greenery to liven up the space and create a welcoming atmosphere.
  • Local Art and Decor: Incorporate local art and decor to give the space a unique and authentic feel that reflects the region.

Budgeting and Prioritization

  • Choose Your Battles: Set a budget and prioritize spending on key areas such as the living room or dining room. Splurge on statement pieces that will make the biggest impact.

Photography

  • Professional Photography: Hire a quality photographer to showcase your Airbnb in the best light. High-quality photos are crucial for attracting guests.

Seasonal Considerations

  • Year-Round Appeal: Ensure your design appeals to both winter and summer guests by incorporating elements that are relevant to each season, such as cozy fireplaces for winter and outdoor BBQ areas for summer.

By following these tips, you can create an inviting and stylish Airbnb in Copper Mountain that reflects the city's unique charm and meets the expectations of your guests.

Insider Tips

Local Attractions and Insider Tips for Copper Mountain, Colorado

Summer Attractions

  • Woodward Copper Barn:
  • An indoor facility offering skateparks, foam pit jumps, Olympic-size trampolines, and indoor ski and snowboard training. Perfect for action sports enthusiasts.

  • Rocky Mountain Coaster:

  • One of the longest alpine coasters in North America, with a track over 5,800 feet long and speeds up to 25 miles per hour. Riders control their speed, ensuring a unique experience each time.

  • Copper Creek Golf Course:

  • A world-class golf course designed by Pete Dye, offering a challenging and scenic golfing experience.

  • West Lake:

  • Enjoy paddle boats, hydrobikes, and bumper boats in the summer. The lake also features a floating water fountain and zipliners overhead.

  • Hiking and Mountain Biking:

  • Explore the Rocky Mountains through various hiking trails and newly added mountain biking trails. Use the American Eagle or Woodward chair lifts for easy access.

  • Scenic Chair Lifts:

  • Take the Woodward Express or American Eagle chair lifts for panoramic views of the mountain. Hike down to West Village for a more leisurely descent.

Winter Attractions

  • Skiing and Snowboarding:
  • Copper Mountain offers world-class skiing with 126 runs, diverse terrain, and high-speed lifts. Suitable for all skill levels, including beginner sections and freestyle parks.

  • Copper Mountain Tubing Hill:

  • A fun activity for all ages, featuring four lanes with different slopes and difficulty ratings. Use the magic carpet lift system to get back to the top.

  • Ice Skating:

  • Free ice skating at West Lake in Center Village, with skate rentals available.

  • Snowmobiling and Dog Sledding:

  • Snowmobiling tours are available around Copper Mountain and Frisco. Dog sledding adventures can be booked through companies in Leadville, with transportation options available.

Other Activities and Tips

  • Woodward Copper Programs:
  • Various programs for improving skills in skiing, snowboarding, BMX, mountain biking, skateboarding, and cheer and tumble. Ideal for families and action sports enthusiasts.

  • Outdoor Climbing Wall:

  • The largest outdoor climbing wall in Colorado, located in Center Village. Trained staff are available to assist with equipment and ropes.

  • Disc Golf and Go Carts:

  • Enjoy disc golf and go cart rides as part of the summer activities at Copper Mountain.

  • Events and Festivals:

  • Check out summer events like the Mac & Cheese Fest, Summer Concert Series, and frequent fireworks displays.

  • Dining and Relaxation:

  • Numerous restaurants at the resort offer a variety of dining options. For relaxation, visit the Copper Mountain Athletic Club or Summit Massage and Wellness for spa services, pools, hot tubs, and fitness facilities.

Insider Tips

  • Book Activities in Advance:
  • Many activities, such as tubing sessions and ski lessons, can sell out quickly. Booking in advance is highly recommended to ensure availability.

  • Use High-Speed Lifts:

  • Take advantage of Copper Mountain's high-speed, high-capacity lifts to minimize wait times and maximize your time on the slopes.

  • Child Care Services:

  • Utilize Copper’s childcare services, such as Belly Button Babies and Bakery, or the free “Kids Night Out” program to give parents some time on the slopes.

  • Rent Equipment Early:

  • Get fitted for rental gear the day before to avoid morning crowds at the rental shops.

By providing these local attractions and insider tips, you can enhance your guests' experience and ensure they make the most of their visit to Copper Mountain, Colorado.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Copper Mountain, Colorado

To ensure a smooth and profitable short-term rental business in Copper Mountain, Colorado, several key practices can be implemented. Here are some practical tips:

Noise Regulations and Guest Communication

Inform your guests about the noise regulations and quiet hours enforced by Summit County. Clearly communicate these rules in your rental agreement and through a welcome message to avoid any potential fines or complaints. This helps maintain a respectful environment for both your guests and neighboring residents.

Comprehensive 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 manual should be easily accessible to guests, either in the rental property or via a digital link provided before their arrival.

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 smart lock and any other relevant entry points. This ensures a hassle-free arrival experience.

Parking Instructions

Include detailed parking instructions with photos in your house manual or welcome packet. This helps guests understand where they can park, any specific rules or restrictions, and how to access parking facilities, reducing the likelihood of parking-related issues.

By implementing these strategies, you can enhance the guest experience, reduce potential conflicts, and maintain compliance with local regulations, ultimately contributing to a successful and stress-free short-term rental business in Copper Mountain.

Local Vendors

Here is a brief list of house cleaning, repair, and maintenance providers in Copper Mountain, Colorado:

Team Clean

  • Offers residential and commercial cleaning services, including house cleaning, carpet cleaning, and deep cleaning.
  • Provides handyman services for repairs and maintenance.
  • Also offers residential snow removal services.

Exclusive Cleaning and Restoration

  • Provides house cleaning services for residential, commercial, and vacation rental properties.
  • Specializes in carpet, tile, granite, upholstery, and mattress cleaning.
  • Offers move-in/move-out cleans, spring cleaning, deep cleans, and construction clean-ups.
  • Additional services include property maintenance, re-stocking household supplies, trash removal, and linen/laundry services.

Cleaning Management

  • Specializes in cleaning services for owner-managed vacation rental properties.
  • Provides full-line vacation rental cleaning services, ensuring properties are cleaned to perfection.
  • Professionally licensed and insured, with a focus on affordability and reliability.
Management fees

Short-Term Rental Management Fees at Copper Mountain, Colorado

Managing a short-term rental property at Copper Mountain, Colorado, involves various fees that can range from 10% to 30% of the rental revenue, depending on the level of service chosen. Full-service management companies, such as those offered by Bighorn Rentals and Awning, typically charge on the higher end of this spectrum. These services include comprehensive management of guest communications, marketing, and maintenance, ensuring that the property is well-maintained and highly visible to potential renters.

Basic service levels, which might only include essential tasks like key management and basic security checks, can be less expensive. Additionally, property owners may incur extra fees for services such as cleaning, repairs, and design enhancements. For instance, companies like SCMR may charge separate fees for housekeeping, after-hours maintenance, and professional photography. Understanding these fee structures is crucial for property owners to manage their expenses effectively and maximize their rental income.

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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 Copper Mountain 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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Furnishing checklist

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

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)
Unlock your home’s potential
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⇤ Airbnb Statistics for Colorado