Airbnb & VRBO Performance in Dillon Colorado.

Short-Term Rental Regulations in Dillon, Colorado for 2024

General Requirements

• License Renewal: Short-term rental licenses expire on May 31st each year. Renewal applications must be submitted through MuniRevs with a $700 renewal fee. The renewal application will be added to accounts on May 1, 2024.

Licensing and Compliance

• Non-Transferable Licenses: Short-term rental licenses are non-transferable.
• No Auto Renewal: STR licenses are not auto-renewed. Renewals must be submitted prior to June 1, 2024, to avoid late fees. Renewals not completed by July 1, 2024, will not be eligible and must cease STR operations.

Occupancy and Advertising

• Occupancy Limits: Occupancy is limited to 2 guests per bedroom plus an additional 2 guests per property.
• Advertising Requirements: All advertising must include the occupancy for the property and the short-term rental license number.

Safety and Documentation

• Floor Plan and Egress Plan: A floor plan and egress plan must be posted in the short-term rental property for quick reference by guests, serving life-safety purposes.

Parking

• Parking Restrictions: As of June 1, 2023, there will be no parking permits for STR guests. STR guests will be subject to overnight parking rates if they park in overnight town lots. Only Residential and Commercial parking permits will be offered through Interstate.

Renewal Process

• Submission Deadline: All renewal applications must be submitted prior to June 1, 2024, to be eligible for review. Late fees will be assessed beginning June 1, 2024.
• Application Status: If the renewal application has not been approved after May 31, 2024, the STR may continue to operate unless otherwise notified by the town.

Additional Requirements

• Good Neighbor Guidelines: Compliance with Good Neighbor Guidelines is expected.
• Lodging Tax: Payment of lodging tax is required and can be submitted online.

Contact and Resources

• Contact Information: For questions or issues, contact str@townofdillon.com.
• FAQs and Resources: Refer to the STR Renewals FAQ’s and other resources provided by the Town of Dillon.

Top Neighborhoods for Airbnb Revenue in Dillon, Colorado

Why These Neighborhoods Are Appealing

Dillon, Colorado, is a popular destination for tourists, particularly those drawn to its scenic beauty, outdoor activities, and proximity to major ski areas. Here are the top neighborhoods generating significant Airbnb revenue in Dillon, along with reasons why they are appealing to guests:

1. Dillon Reservoir Area

• Appeal: This area offers stunning views of Lake Dillon and the surrounding mountains. Guests can enjoy water activities, hiking trails, and scenic drives.
• Revenue Potential: Properties here benefit from high demand due to their proximity to water sports and the picturesque lake views.

2. Downtown Dillon

• Appeal: Downtown Dillon provides easy access to local restaurants, shops, and the Dillon Marina. Guests appreciate the convenience and the vibrant community atmosphere.
• Revenue Potential: Being central to amenities, these properties attract guests looking for a mix of relaxation and local exploration.

3. Loveland Pass Area

• Appeal: This area is popular for its easy access to Loveland Pass, which offers skiing, hiking, and breathtaking views. It is also close to the Arapahoe Basin Ski Area.
• Revenue Potential: The proximity to ski resorts and scenic hiking trails makes this area highly attractive to outdoor enthusiasts.

4. Silverthorne and Frisco Adjacent Areas

• Appeal: These areas are close to the Outlets at Silverthorne and the Frisco Adventure Park, offering a range of shopping, dining, and recreational activities.
• Revenue Potential: The combination of retail therapy and outdoor adventures makes these neighborhoods appealing to a wide range of guests.

5. Arapahoe Basin Ski Area

• Appeal: This area is a magnet for skiers and snowboarders due to its proximity to the Arapahoe Basin Ski Area. Guests also enjoy the scenic views and mountain trails.
• Revenue Potential: High demand during the ski season drives significant revenue for properties in this area.

Key Statistics

• Occupancy Rate: A median occupancy rate of 60% indicates strong demand throughout the year.
• Average Daily Rate: $207 per night highlights the lucrative nature of short-term rentals in Dillon.
• Annual Revenue: Typical host income is around $44,000 per year, making it a profitable venture.

These neighborhoods are highly sought after due to their unique blend of natural beauty, recreational opportunities, and convenient access to local amenities.

Furnishing and Design Tips for an Inviting Airbnb in Dillon, Colorado

Defining Your Aesthetic

• Define your property's aesthetic based on Dillon's unique blend of mountain luxury and modern comforts. Reflect the area's natural beauty and rustic charm in your design choices.

Room-by-Room Considerations

Bedrooms

• Choose high-quality, durable beds with mattresses at least 8 inches thick. Opt for memory foam mattresses for their durability and ease of replacement.
• Incorporate storage beds for extra space to stash laundry and linens.
• Use white bedding for a hotel-like feel and ease of maintenance.

Living Areas

• Select sofas with washable covers to ensure ease of cleaning and durability. Consider sofa beds to increase guest capacity.
• Opt for comfy, lightweight chairs that are sturdy and easy to move around. Darker chairs can hide stains better.
• Add a full-length mirror and ensure there is a power socket nearby for hair dryers and straighteners.

Dining Areas

• Use a tough and resistant dining table that can be dressed up with tablecloths, runners, and decorative items.
• Choose comfortable, lightweight chairs that can support various weights.

Kitchens

• Equip your kitchen with essentials like a coffee maker, microwave, toaster, and kettle. Include a good blender and sharp knives as nice extras.
• Stock up on basic cookware, utensils, and dinnerware. Provide items like a cutting board, measuring cups, and a corkscrew.
• Ensure there is plenty of space for food storage, including a pantry or cupboards.

Workspaces

• Provide a sturdy desk and comfortable chair for guests who need to work. Ensure good lighting and easy access to power outlets. High-speed internet is crucial for business travelers and digital nomads.

Smart Storage and Space Utilization

• Use beds with drawers, wall hooks for coats, pegboards in the kitchen, and stackable containers to maximize storage.
• Opt for space-saving furniture with big functionality, such as sofa beds, folding tables, or ottomans with hidden storage compartments.

Enhancing Ambiance

Lighting and Mirrors

• Use mirrors to make your Airbnb feel bigger and brighter. Choose mirrors with cool frames for added style.
• Ensure good lighting throughout the property, including desk lamps and other necessary light sources.

Outdoor Spaces

• Incorporate durable yet stylish outdoor furniture for patios or balconies to enhance the guest experience and take advantage of Dillon's scenic views.

Guest Comfort and Amenities

• Provide high-quality, durable towels in neutral colors that can be bleached. Ensure enough storage for guests' toiletries and personal items.
• Offer a hairdryer, basic toiletries, and a first-aid kit to make a big difference in guest comfort.
• Consider adding amenities like a hot tub or fireplace to enhance the cozy, mountain luxury feel.

Accessibility and Safety

• Ensure your Airbnb is accessible to guests with disabilities by incorporating features like ramps, wide doorways, and grab bars in bathrooms.
• Install smoke detectors, carbon monoxide detectors, and a first aid kit for safety.

Local Touches

• Incorporate local artwork and decor to enhance the guest experience and provide a sense of place. Reflect the rustic charm and natural beauty of the Rocky Mountains in your decor choices.

Discover Dillon, Colorado: Top Attractions and Insider Tips

Local Attractions

Natural Wonders

• Dillon Reservoir (Lake Dillon)
• Enjoy boating, sailing, fishing, and ice fishing depending on the season. The reservoir has 26 miles of shoreline and offers stunning mountain views.
• Sapphire Point Overlook
• A must-visit for its sapphire blue water views. The overlook is easily accessible via a flat gravel trail and is a popular spot for weddings and photography.

Cultural and Historical Sites

• Dillon Schoolhouse Museum
• Explore the preserved one-room schoolhouse from 1883, restored to its 1892 condition. It provides a glimpse into the town's historical past.
• Dillon Amphitheater
• Attend concerts and festivals throughout the year, featuring a variety of performances from rock to orchestral music. The amphitheater is set on the shores of Lake Dillon.

Recreational Activities

• Dillon Marina
• The world’s highest deep-water marina offers boat tours, rentals, sailing lessons, kayaking, and stand-up paddleboarding. It's a hub for water sports and activities.
• Dillon Farmers Market
• Held every Friday from June to September, the market features local produce, artisan goods, and crafts, all set against the beautiful backdrop of Lake Dillon.

Winter Attractions

• Dillon Ice Castles
• A unique winter attraction featuring ice tunnels, slides, towers, and dazzling light effects. The ice castles are open from December to March, weather permitting.

Insider Tips

Getting Around

• Summit Shuttle
• Use the bike-friendly Summit Shuttle boat that runs between the Dillon and Frisco marinas for a convenient and scenic way to travel.

Family-Friendly Activities

• Dillon Town Park
• A great spot for families with kids, featuring a grassy area perfect for letting children play and burn off energy.

Shopping and Dining

• Downtown Dillon
• Explore the charming downtown area with its restaurants, shops, and historic feel. It's an ideal place to take a break and enjoy local cuisine.
• Outlets at Silverthorne
• For shopping enthusiasts, head to the Outlets at Silverthorne, which offer deep discounts on name-brand items.

Scenic Drives and Hikes

• Boreas Pass and Guanella Pass Byway
• Take in the breathtaking views on these scenic drives, which offer stunning mountain landscapes and access to various hiking trails.

Seasonal Events

• Outdoor Concerts and Movies
• Enjoy summer concerts at the Dillon Amphitheater and family-friendly movie nights on the water during the summer months.
• Country Dancing at Dillon Amphitheater
• Join in on country dancing nights for a fun and lively evening by the lake.

By sharing these attractions and tips, you can help your guests make the most of their visit to Dillon, Colorado, and ensure they have a memorable and enjoyable stay.

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

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

Noise Regulations and Quiet Hours

Inform your guests about the quiet hours and noise regulations in the area to maintain good neighbor relations. Include this information in your listing and provide a reminder in the house manual to avoid any potential issues.

Creating a Comprehensive House Manual

Develop both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also outline the floor plan and egress routes for safety purposes, as required by the Town of Dillon.

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 have all the necessary access codes before their arrival.

Parking Instructions with Photos

Include detailed parking instructions with photos to help guests navigate the property easily. This is particularly important in areas where parking can be limited or complex, ensuring that guests do not inadvertently park in unauthorized areas.

By following these tips, you can enhance the guest experience, reduce potential issues, and maintain compliance with local regulations, ultimately contributing to a successful and profitable short-term rental business in Dillon, Colorado.

Here is a brief list of house cleaning, repair, or maintenance providers in Dillon, Colorado:

Cleaning Management

• Specializes in cleaning owner-managed vacation rental properties in Summit County, including Dillon.
• Offers full-service cleaning with a fully trained staff.

Exclusive Cleaning and Restoration

• Provides professional cleaning and restoration services in Summit County, including Dillon.
• Services include carpet cleaning, wood floor restoration, granite/tile cleaning, pet odor removal, and water damage restoration.

Summit Executive Cleaning

• Offers premier cleaning and maintenance services for vacation rentals and commercial properties in Summit County, including Dillon.
• Provides real-time staff updates, complete linen and supply provision, and guaranteed quality service. Also offers concierge trash removal and maintenance tasks.

Team Clean Inc

• Provides reliable and professional housekeeping services for residential and short-term rental properties in Dillon, Colorado.

These providers cover a range of cleaning, maintenance, and restoration services in the Dillon area.

Dillon, Colorado: Understanding Short-Term Rental Management Fees

In Dillon, Colorado, managing short-term rentals often involves fees that can range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, typically falls on the higher end of this spectrum. Basic service packages, which may only include essential functions like check-in and check-out services, tend to be less expensive. Additionally, property owners may incur extra fees for services like cleaning, repairs, and design enhancements. These fees are separate from the $700 annual license fee required by the Town of Dillon for operating a short-term rental.