Airbnb & VRBO Performance in Ellery New York.

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Ellery, New York: Airbnb & VRBO Vacation Rental Market Overview

While the summary does not specifically focus on the Ellery in New York, the broader context of the U.S. short-term rental market suggests that, despite initial declines, the late fall season is pacing ahead with improved occupancy rates and stable average daily rates, indicating a potential return to pre-pandemic trends.

Market overview

Positive Trends in Short-Term Rental Performance for Late 2024

Despite the broader challenges in the short-term rental market, the late fall season is showing promising signs of recovery, particularly relevant for areas like New York. While specific data for The Ellery or its immediate vicinity is not available, overall trends in the U.S. short-term rental market indicate a stabilization in occupancy and rates. For the late fall season, calendar occupancy is pacing ahead of last year, with October and November showing a 1% and 2% increase in occupancy, respectively, compared to 2023.

Average daily rates (ADR) have also remained relatively stable, with a slight increase; in August 2024, the ADR was $329, only $3 higher than last year but indicating a steady market. Looking forward, rates are expected to be $8 higher per night in October and November compared to the previous year. These trends suggest that the gap between supply and demand is narrowing, offering a positive outlook for short-term rental performance as the year concludes.

Short Term Regulations

Short-Term Rental Regulations in Ellery, New York for 2024

While the specific regulations for Ellery, New York, are not provided in the sources, we can infer some general regulations that might apply based on similar local and state-level regulations in New York. Here are some key points that could be relevant:

Local Regulations (Based on Similar Towns and Counties)

  • Permit Requirements:
  • Annual permit required for short-term rentals.
  • Conditional Use Approval may be necessary for rental periods of fewer than thirty days.

  • Inspection and Approval:

  • All short-term rental units must be inspected and approved by the Fire Chief before use.

  • Occupancy Limits:

  • Occupancy restricted to two persons per bedroom, with a six-person maximum per household.

  • Rental Frequency:

  • Short-term rentals may be limited to a certain number of times per year (e.g., no more than 10 times in a calendar year, excluding foliage season).

  • Guest Restrictions:

  • Prohibitions on weddings, parties, catered events, and similar events.

  • Advertising and Signage:

  • Prohibitions on on-premise advertisements and signs indicating the dwelling is used as a short-term rental.

  • Parking and Waste Management:

  • All associated parking must be on-site in designated spaces, and rubbish service must be provided with containers maintained out-of-sight.

  • Property Management:

  • Un-hosted units may require a property manager available 24 hours a day.

State-Level Regulations (Pending Governor's Signature)

  • Registration Requirements:
  • Short-term rental hosts must register their units with the Department of State every two years and report monthly on the availability and activity of their rental properties.

  • Tax Collection:

  • Short-term rental hosts must collect sales and occupancy taxes, which will be reinvested into the New York State tourism industry.

  • Reporting Requirements:

  • Hosts must provide information on each listing, including location, whether it is a partial or whole unit, and the number of nights each unit was occupied throughout the month.

  • Local Bans and Regulations:

  • The statewide law preserves local bans on short-term rentals and allows local governments to maintain their own registration and permitting systems.
Neighborhood Performance

Top Airbnb Revenue-Generating Areas in New York State and Their Appeal to Guests

While the specific query mentions Ellery, New York, which is a town in Chautauqua County and not explicitly covered in the provided sources, here are some of the top Airbnb revenue-generating areas in New York State that are well-documented and appealing to guests:

Upper West Side, Manhattan

  • Annual Revenue: $37,522
  • Occupancy Rate: 77%
  • Average Daily Rate: $137
  • Appeal: Attracts millions of visitors due to its proximity to iconic attractions like The Empire State Building, Central Park, and NY Times Square.

Williamsburg, Brooklyn

  • Annual Revenue: $49,575
  • Occupancy Rate: 87%
  • Average Daily Rate: $79
  • Appeal: Known for its vibrant nightlife, trendy restaurants, and cultural events, making it a hotspot for young travelers and tourists.

Alexandria Bay, NY

  • Annual Revenue: $33,000
  • Occupancy Rate: 60%
  • Average Daily Rate: $311
  • Appeal: Located in the Thousand Islands region, it offers boating, fishing, and outdoor adventures, with attractions like Boldt Castle and Singer Castle.

Corning, NY

  • Annual Revenue: $20,000
  • Occupancy Rate: Not specified
  • Average Daily Rate: Not specified
  • Appeal: Home to the Corning Museum of Glass and close to the Finger Lakes wine region, attracting tourists interested in culture and wine.

Burdett, NY (Finger Lakes Region)

  • Annual Revenue: $45,000
  • Occupancy Rate: Not specified
  • Average Daily Rate: Not specified
  • Appeal: Offers beautiful lakes, wineries, and outdoor activities, with proximity to Watkins Glen State Park and the Seneca Lake Wine Trail.

Hudson Valley and Catskills

  • Annual Revenue: Significant, with new hosts collectively earning $3.1 million
  • Occupancy Rate: High, especially in peak seasons
  • Average Daily Rate: Varies, but high in areas like Woodstock ($340-$750 per night)
  • Appeal: Known for its natural beauty, cultural attractions, and outdoor activities, making it a trending destination for Airbnb guests.

These areas are highly appealing due to their unique attractions, cultural significance, and natural beauty, making them lucrative options for Airbnb investors.

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Design Tips

Creating an Inviting Airbnb in Ellery, New York: Tips for Furnishing and Design

To craft an Airbnb space in Ellery, New York, that is both inviting and reflective of the city's unique style, consider the following tips:

Understand Your Guests

  • Identify the typical demographic of your guests (e.g., families, couples, friends) to tailor the vacation experience accordingly.

Essential Furniture

  • Bedroom:
  • Use an upholstered bed with a nice headboard for a cozy feel.
  • Choose a mattress that is at least 8” thick, preferably memory foam for durability and comfort.
  • Avoid storage beds to minimize the risk of guests leaving items behind.
  • Living Area:
  • Invest in high-quality beds and sofas, as a good night’s sleep and comfortable seating are crucial for guest satisfaction.

Lighting

  • Ensure ample lighting for both daytime and nighttime use.
  • Use floor lamps and table lamps that also serve as design features.

Bedding and Linens

  • Use white bedding sets (pillowcases, bed sheets, flat sheet, and duvet) from the same brand to maintain consistency.
  • Add a simple throw pillow to enhance the bed’s appearance.

Arts and Rugs

  • Incorporate local art pieces and area rugs to add color and pattern to the room.
  • Choose thick, comfortable rugs to keep guests’ feet warm and soft.

Design Considerations

  • Mood Board:
  • Create a mood board to visualize the design theme and ensure consistency in your decor choices.
  • Local Style:
  • Reflect the unique style of Ellery, New York, by incorporating local or antique pieces that fit the area’s aesthetic.
  • For historic properties, consider estate auction houses or local furniture stores to find fitting furnishings.

Additional Amenities

  • Technology and Convenience:
  • Provide universal phone chargers, outlet converters for international guests, and other convenient items like flip flops, bathrobes, and a yoga mat.
  • Include a speaker for music and a Chromecast for entertainment.
  • Safety:
  • Install a safe with a combination lock for guests to secure their valuables.

Coordinated Effort

  • If furnishing from a distance, consider hiring local help or having a co-host to manage deliveries and any immediate issues that arise.

Budget and Efficiency

  • Plan your budget carefully and prioritize essential items first.
  • Look for cost-effective ways to furnish, such as buying second-hand or using online retailers, while ensuring quality and comfort.

By following these tips, you can create an inviting and stylish Airbnb space in Ellery, New York, that enhances your guests' overall experience.

Insider Tips

Discovering Ellery, New York: Local Attractions and Insider Tips

Local Attractions

Parks and Recreation

  • Midway State Park: A historic recreational park featuring a picnic area, roller skating rink, dance hall, bath houses, and various amusement rides like a merry-go-round and roller coaster.
  • Long Point State Park: Located on the shores of Chautauqua Lake, offering scenic views and outdoor activities.
  • Oriental Park: Known for its extensive landscaping and 96 acres of land with streets, trees, and several wells, making it a picturesque spot.

Historical and Cultural Sites

  • Bemus Point - Stow Ferry: A ferry service connecting Bemus Point to Stow, offering a unique way to explore the lake.
  • Ellery Center Historical Sites: Visit the Baptist Church, one of the remaining structures from the early days of Ellery Center, and explore other historical landmarks like the Griffith homestead site.

Other Attractions

  • Alpacaville: An alpaca farm where guests can learn about and interact with these fascinating animals.
  • Lawson Center: A community center that may host local events and activities.

Insider Tips

Local History

  • Share stories about the historical significance of Ellery, such as the early settlements and the development of Midway Park, which was once a popular picnic grove and recreational site.

Lake Activities

  • Recommend boat rides or steamboat tours on Chautauqua Lake to enjoy the scenic views and local culture.
  • Suggest visiting the lakefront areas for fishing, swimming, or simply enjoying the scenery.

Community Events

  • Inform guests about any upcoming local events, such as festivals or community gatherings, which can be found through the Town of Ellery’s website or local news.

Dining and Shopping

  • Point out local eateries and shops in Bemus Point and nearby areas, highlighting any unique or locally-owned businesses.
  • Recommend visiting the Greenhurst area, known for its elm trees and historical development.

Outdoor Adventures

  • Encourage guests to explore the wetlands and timber lots, such as Benedict Swamp, for hiking and hunting opportunities, though caution them about the potential to get lost.

By providing these attractions and insider tips, your guests can fully immerse themselves in the rich history, natural beauty, and local culture of Ellery, New York.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Erie County, New York

To ensure the success of a short-term rental business in Erie County, New York, several practical tips can be implemented to enhance the guest experience and comply with local regulations.

Noise Regulations and Quiet Hours

Inform your guests about quiet hours and noise regulations to maintain a peaceful environment and avoid potential complaints from neighbors. Include this information in both your digital and physical house manual to ensure clarity.

Creating a Comprehensive House Manual

Develop a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also outline house rules, including quiet hours, to set clear expectations for your guests.

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, and include photos of the lock and any other relevant access points.

Parking Instructions

Ensure that parking instructions are clear and accompanied by photos to help guests navigate the property easily. This can include details on where to park, how to access parking areas, and any specific rules or restrictions.

By implementing these measures, you can create a smooth and welcoming experience for your guests while also adhering to local regulations and maintaining good relations with the community.

Local Vendors

Here is a brief list of house cleaning and related services providers in or near Ellery, New York:

House Cleaning Services

  • Homeaglow: Offers professional, affordable, and background-checked house cleaning services in Ellery, NY. You can book your first 3-hour clean from $19.

Renovation Clean Up Services

  • LoadUp: Provides renovation debris clean-up services in Ellery Center, NY. You can schedule a pickup appointment online.

Note that there are no specific repair or maintenance providers listed in the sources provided for Ellery, NY. The services mentioned are primarily focused on cleaning.

Management fees

Short-Term Rental Management Fees at The Ellery, New York

Managing short-term rentals at The Ellery in New York can come with varying fees, typically ranging 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, tends to be on the higher end of this spectrum. In contrast, basic services that offer fewer amenities may incur lower fees. Additionally, property owners may need to account for extra costs such as cleaning services, repairs, and design enhancements, which can further impact the overall management expenses.

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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 Ellery should generate as a short term rental and look at the performance of properties around yours.

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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 Ellery.

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 New York