Airbnb & VRBO Performance in Glenwood Springs Colorado.

Short-Term Rental Regulations in Glenwood Springs, Colorado for 2024

General Regulations

• Permit Requirement: All homes rented short-term (less than 30 consecutive days) must obtain a Short-Term Rental Permit from the City of Glenwood Springs Community Development Department.

Permit Caps and Zones

• Citywide Cap: Limited to 5% of the city’s total free market residential units.
• General Improvement District (GID) Cap: Reduced from 18% to 15% of the total available units within the GID. Units within the GID now count towards the citywide 5% cap.

Buffer Requirements

• 250-Foot Buffer: Short-term rentals must be at least 250 feet apart from other short-term rental properties. If a property is 100% covered by this buffer, it is not eligible for a short-term rental permit. However, Accessory Tourist Rentals (renting a single room) are exempt from this buffer.

Application and Renewal Process

• Application Steps: Submit the application, undergo a building inspection, and ensure compliance with all criteria before the permit is issued.
• Renewal: Permits are valid for two years and expire at the end of odd years. Renewal applications begin on September 5th for the next permit cycle.

Additional Requirements

• Business and Sales Tax License: Required for short-term rentals. Owners must charge and collect sales and accommodations taxes.
• Inspections: Property owners must schedule an inspection with the building department as part of the application process.

Ownership and Transfer

• Ownership Models: Permits are issued to the property owner. Transfers of ownership, including sales between LLCs or trusts, must comply with updated code amendments to clarify ownership transfer.
• Permit Non-Transferability: Permits do not carry over when a property is sold.

Penalties and Violations

• Automatic Revocation: A short-term rental permit can be revoked automatically upon the third cumulative conviction of a property owner, tenant, or guest for a violation occurring on the premises.

Types of Rentals

• Short-Term Rentals (STRs): Whole unit rentals available for less than 30 days. Subject to the 250-foot buffer rule.
• Accessory Tourist Rentals (ATRs): Rental of a single room in a residence with the property owner present. Exempt from the buffer rule but still require a permit.

Fees

• STR Permit Fee: $500 for a two-year permit. Renewal fees are $300.
• ATR Permit Fee: $300 for new applicants, $150 for renewals.

Other Restrictions

• Prohibited Areas: Short-term rentals are not allowed in homes located in a Planned Unit Development (PUD) unless specifically listed as an allowed use, or in any dwelling unit that has been permitted as an Accessory Dwelling Unit (ADU).
• Occupancy Limitations: Established by the International Property Maintenance Code (IPMC) and indicated on the short-term rental permit.

Top Neighborhoods for Airbnb Revenue in Glenwood Springs, Colorado

Neighborhoods and Their Appeal

Glenwood Springs, known for its natural attractions and vibrant local scene, hosts several neighborhoods that are particularly lucrative for Airbnb investments. Here are some of the top neighborhoods and the reasons they are appealing to guests:

1. Downtown Glenwood Springs

• Appeal: This area is highly sought after due to its proximity to key attractions such as the Glenwood Hot Springs Pool, historic downtown shops, restaurants, and live music venues. Guests can easily walk to many amenities, making it a convenient and vibrant location.

2. Red Mountain Area

• Appeal: Located at the base of Red Mountain, this neighborhood offers stunning mountain views, hiking and biking trails, and easy access to the Roaring Fork and Colorado Rivers. The quiet neighborhood setting combined with its close proximity to downtown makes it an ideal spot for guests.

3. Glenwood Caverns Adventure Park Area

• Appeal: This area is popular due to its proximity to the Glenwood Caverns Adventure Park, a major tourist attraction. Guests can enjoy the park's amenities while also being close to other natural attractions like the Iron Mountain Hot Springs and the White River National Forest.

4. Hanging Lake Trail Area

• Appeal: Known for its scenic beauty, this area attracts guests who are interested in hiking and outdoor activities. The Hanging Lake Trail is a significant draw, and the nearby Yampah Spa and Vapor Caves add to the appeal of this neighborhood.

5. Sunlight Mountain Resort Area

• Appeal: This area is a favorite among skiers and outdoor enthusiasts. The Sunlight Mountain Resort offers skiing, hiking, and other mountain activities, making it a year-round destination. The scenic views and access to various trails make it highly appealing to guests.

Key Factors Contributing to Revenue

• High Occupancy Rates: Neighborhoods in Glenwood Springs benefit from a median occupancy rate of 62%, indicating strong demand for short-term rentals.
• Premium Daily Rates: The average daily rate of $215 contributes significantly to the revenue potential of these neighborhoods.
• Proximity to Attractions: Being close to major attractions like hot springs, hiking trails, and adventure parks enhances the appeal and revenue potential of these areas.
• Amenities and Services: Properties with amenities such as private patios, fully equipped kitchens, and mountain views tend to attract higher revenue due to their desirability among guests.

Furnishing and Design Tips for an Airbnb in Glenwood Springs, Colorado

Embrace the Natural Beauty

• Incorporate Earthy Tones: Use a color palette that reflects the natural surroundings of Glenwood Springs, such as earthy tones, greens, and blues to bring the outdoors in.
• Natural Materials: Opt for furniture and decor made from natural materials like wood, stone, and woven fibers to create a cohesive and organic feel.

Reflect the City's History and Culture

• Vintage Accents: Add vintage pieces or replicas that reflect the city's rich history, such as antique furniture or vintage photographs of Glenwood Springs.
• Western Flair: Incorporate elements of Western design, like leather armchairs or cowboy-themed artwork, to nod to the city's cowboy heritage.

Highlight the Hot Springs and Outdoor Activities

• Spa-Inspired Amenities: Include spa-like amenities such as plush robes, scented candles, and essential oils to evoke the relaxing atmosphere of the hot springs.
• Outdoor Gear Storage: Provide storage for outdoor gear like hiking boots, bicycles, and fishing equipment to cater to guests who enjoy the city's outdoor activities.

Create a Cozy and Inviting Atmosphere

• Comfortable Seating: Use plush sofas and comfortable chairs to create cozy nooks for relaxation.
• Warm Lighting: Install warm lighting fixtures, such as fireplace or lantern-style lights, to create a welcoming ambiance.

Incorporate Local Art and Crafts

• Local Artwork: Hang local artwork or prints that depict the scenic landscapes and unique features of Glenwood Springs.
• Handcrafted Decor: Add handcrafted decor items, such as pottery or woven baskets, to give the space a personal and authentic touch.

Utilize the Scenic Views

• Large Windows: Ensure that the space has large windows to take advantage of the stunning views of the Rocky Mountains and the Colorado River.
• Outdoor Spaces: If possible, create an inviting outdoor space with patio furniture and plants to extend the living area and maximize the scenic views.

Modern Conveniences with a Rustic Touch

• Modern Amenities: Include modern amenities like flat-screen TVs and Wi-Fi, but integrate them into the space in a way that maintains the rustic charm.
• Restored Classic Furniture: Use restored classic furniture pieces that blend modern comfort with a vintage aesthetic.

Pet-Friendly Considerations

• Pet-Friendly Furnishings: Since Glenwood Springs is pet-friendly, consider using pet-friendly furnishings and adding pet amenities like dog beds and bowls to make pet owners feel welcome.

Discover Glenwood Springs: Local Attractions and Insider Tips

Top Attractions

1. Glenwood Caverns Adventure Park

• Experience thrill rides like the Giant Canyon Swing and Alpine Coaster.
• Take a scenic gondola ride and enjoy panoramic views of the Colorado River and Rocky Mountains.
• Explore the Fairy Caves and other historical cave tours.

2. Hot Springs

• Glenwood Hot Springs Resort: World’s largest mineral hot springs pool, featuring two enormous outdoor pools, slides, and a splash zone.
• Iron Mountain Hot Springs: 16 natural geothermal springs along the Colorado River, with temperatures ranging from 98°F to 108°F.
• Yampah Vapor Caves: Unique natural vapor caves offering mineral-rich steam baths for a relaxing and invigorating experience.

3. Hiking and Outdoor Activities

• Hanging Lake: A U.S. Forest Service designated National Natural Landmark. Reservations required, especially during construction periods.
• Glenwood Canyon Recreation Path: Paved trails suitable for biking and walking, following the rivers.
• Rafting in Glenwood Canyon: Enjoy whitewater rafting through scenic Glenwood Canyon.
• Horseback Riding: Explore mountain trails at a leisurely pace, suitable for all experience levels.

4. Cultural and Entertainment

• Glenwood Vaudeville Revue: A family-friendly comedy-musical dinner show.
• Riviera Supper Club & Piano Bar: Live music, musical and mystery-themed dinners, and events.
• Doc Holliday Museum and Grave: Learn about the life and times of Doc Holliday and visit his grave in Linwood Cemetery.

5. Local Events and Festivals

• Strawberry Days: Summer event featuring artisans, entertainment, food booths, and a parade.
• Octoberfest: Celebrate German heritage with oompah music, beer, and Bavarian food.
• Winter on the Mountain: Enjoy skiing, snowboarding, and snowmobiling at Sunlight Mountain Resort.

Insider Tips

Dining and Nightlife

• Craft Beer: Visit Glenwood Canyon Brewpub for award-winning beers and try a flight to find your favorite.
• Rocky Mountain Oysters: Try this local delicacy at the Doc Holliday Tavern.
• Al Fresco Dining: Enjoy outdoor dining at various restaurants with rooftop, courtyard, and riverside seating.

Shopping and Markets

• Unique Boutiques: Explore downtown for one-of-a-kind souvenirs and local treasures.
• Farmers’ Market: Visit the Downtown Market on Tuesdays during the summer for food, artisans, music, and cooking demonstrations.

Relaxation and Wellness

• Spas and Massages: Treat yourself to blissful treatments at one of Glenwood’s many spas.
• Pedestrian Bridge: Take a post-dinner walk on the pedestrian bridge for people watching and scenic views.

Additional Tips

• Reservations: Make reservations in advance for popular attractions like Hanging Lake and cave tours.
• Seasonal Activities: Adjust your itinerary based on the season, with skiing and snow sports in winter, and rafting and biking in warmer months.
• Local Events Calendar: Check the events calendar to catch mountaintop concerts, wine and whiskey tastings, and other pop-up events.

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

To ensure a successful and hassle-free short-term rental business in Glenwood Springs, Colorado, several practical tips can be implemented. First, it is crucial to adhere to and communicate local noise regulations to your guests. Informing them about quiet hours through clear signage and inclusion in the rental agreement can help maintain a positive relationship with neighbors and avoid potential fines.

Creating both digital and physical house manuals is another key strategy. These manuals should include detailed instructions on how to use appliances, Wi-Fi passwords, and other essential information to make the guests' stay comfortable and convenient.

Simplifying the check-in process can significantly enhance the guest experience. Utilizing smart locks eliminates the need for physical key exchanges, allowing guests to check in at their convenience. Additionally, providing detailed parking instructions accompanied by photos can help guests navigate the property easily and avoid any confusion.

By implementing these measures, you can ensure a smooth and enjoyable experience for your guests, which in turn can lead to positive reviews and repeat bookings, ultimately contributing to the success of your short-term rental business in Glenwood Springs.

Here is a brief list of house cleaning providers in Glenwood Springs, Colorado:

House Cleaning Providers

All Cleaning Services LLC

• Offers housekeeping, occasional and one-time cleaning, recurring cleaning, refrigerator and oven cleaning, special event cleaning, and move out/in cleaning.
• Services homes and businesses from Glenwood Springs to Frisco, CO.

Top-Rated Cleaning Services on HomeAdvisor

• A list of top-rated cleaning services experts in Glenwood Springs, CO, with real reviews and ratings.

Housekeepers on Care.com

• A list of housekeepers in Glenwood Springs, CO, with the option to narrow down candidates based on their hourly rates and other criteria.

House Cleaning Services on Angi

• A list of the top 10 best house cleaners in Glenwood Springs, CO, with average costs and varying services based on house size and needs.

Walmart House Cleaning Services

• Although primarily a retail store, Walmart in Glenwood Springs may offer or connect customers with house cleaning services, but this is not a primary focus.

Managing Short-Term Rentals in Glenwood Springs, Colorado: Fee Structures and Services

In Glenwood Springs, Colorado, the management fees for short-term rentals typically range from 10% to 30% of the rental revenue, varying based on the level of service provided. Full-service management, which includes comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. For example, companies like Summer Airbnb management charge starting at 20% of the revenue, excluding cleaning fees, to manage all aspects of the rental property.

Basic services, which might only include listing and booking management, can be less expensive. Additionally, property owners may incur extra fees for cleaning, repairs, or design services, which are often charged separately. The city's regulations, including the requirement for a short-term rental permit and the collection of various taxes, further underscore the importance of choosing a management service that aligns with the owner's needs and budget.