Despite a recent slowdown with occupancy rates dropping to 40%, Hochatown, Oklahoma, remains a vibrant short-term rental market, attracting up to 50,000 weekend visitors and offering lucrative investment opportunities in its luxury vacation homes and outdoor amenities.
Thriving Tourism in Hochatown, Oklahoma: A Short-Term Rental Success Story
Hochatown, Oklahoma, a tiny town of 219 residents nestled on the shores of Broken Bow Lake, continues to thrive as a premier short-term rental destination. Despite recent challenges, the town remains a magnet for weekend visitors, primarily from Dallas, with over 50,000 guests annually. While occupancy rates have dipped to around 40% in recent months, this slowdown is seen as an opportunity for the town to reassess and improve its infrastructure. The average daily rates for rentals in the area remain competitive, with the overall market showing resilience. With its natural beauty, family-friendly attractions, and ongoing investments such as the Choctaw Nation's $238 million resort and casino, Hochatown is poised to continue attracting travelers and providing lucrative opportunities for vacation rental investors.
Short-Term Rental Regulations in Hochatown, Oklahoma for 2024
Licensing Requirements
- As of October 1, 2024, the Town of Hochatown has transitioned from Avenu to Granicus for managing short-term rental licenses, aiming to enhance services and simplify the process.
Registration and Licensing
- If you previously registered your STR license through Avenu, use your 10-digit Avenu STR License Number for tax remittance.
- If you haven't registered an STR license yet, complete the new online STR License Application available on the Town's website to receive an STR License number.
Tax Remittance
- Use the Town's Tax Collection Form available through the Monthly Lodging Tax Collection Portal to remit lodging taxes. You will receive a PDF copy for your records.
Operational Requirements
- Property owners and managers must comply with the new licensing and tax remittance system, which includes features like account log-ins, bulk remittance for lodging tax, streamlined renewals, and automated reminders once the full portal is launched (anticipated within 10-12 months).
Support and Resources
- For assistance, contact Hochatown Town Hall at 580-494-7390 or email Tax@Hochatown.gov. Check the Town's official website and Facebook page for ongoing updates and information.
Transitional Process
- The transition to the new system will occur in two stages: a temporary solution to simplify the process and a long-term enhanced portal with additional features.
Top Neighborhoods Generating Airbnb Revenue in Hochatown, Oklahoma
1. Heart of Hochatown
- This central area is highly appealing due to its proximity to local shopping, restaurants, and breweries. Guests favor rentals here because they are within walking distance or a short drive to all the main attractions, including Mountain Fork Brewery, Okie Girls Coffee & Ice Cream, and Shuck Me Seafood.
2. Timber Creek Trails Subdivision
- Located near the foothills of the Ouachita Mountains, this subdivision is popular for its luxurious cabins that are within walking distance to key amenities. The area's chic studio-style cabins, such as the "NEW* Honeymoon Luxury Cabin," are particularly attractive to couples and small families.
3. Areas Near Broken Bow Lake and Beavers Bend State Park
- These neighborhoods are favored for their scenic views and easy access to outdoor activities like fishing, boating, and hiking. Cabins here, such as "A Stunning Broken Bow Escape" and "Cranberry Creek Cabin," offer a mix of luxury and natural beauty, with amenities like hot tubs, fire pits, and private decks.
4. Hochatown Distilling Co. and Local Wineries Area
- This area is appealing due to its close proximity to wineries, distilleries, and other local attractions. Guests enjoy the convenience of being just minutes away from places like Hochatown Distilling Co. and various wineries, making it ideal for those looking to explore the local culinary and beverage scene.
5. ATV Trail Access Areas
- Neighborhoods with direct access to ATV trails, such as "The Forest Cabin," are highly sought after by adventure-seekers. These cabins offer a range of outdoor activities, including zip lines, Geodome play sets, and fire pits, making them perfect for families and groups looking for an active getaway.
These neighborhoods are particularly appealing due to their combination of luxurious amenities, scenic natural settings, and convenient access to local attractions, making them ideal for a wide range of guests from couples to large families and adventure enthusiasts.
Tips for Furnishing and Designing an Inviting Airbnb in Hochatown, Oklahoma
Embrace the Natural Setting
- Incorporate elements that reflect the natural beauty of Hochatown, such as using wood accents, stone fireplaces, and bringing in plants and greenery to blend the indoor and outdoor spaces.
- Choose color schemes that complement the surrounding landscape, including earthy tones and muted colors.
Luxury and Comfort
- Install hot tubs, outdoor fireplaces, and fire pits to enhance the luxury and comfort of the space, as these amenities are highly sought after by guests in Hochatown.
- Include spa-like features such as LED waterfall showers, heated warming rooms, and soaking tubs to create a relaxing atmosphere.
Rustic Charm with Modern Touches
- Combine rustic charm with modern furnishings to create a welcoming and luxurious stay. This can include log cabins with updated furnishings and designer-curated details.
- Use materials like shiplap walls, stained pine ceilings, and granite countertops to add a touch of modern luxury to traditional cabin designs.
Functional and Spacious Layouts
- Design the space to accommodate large groups, as many visitors to Hochatown are families or groups of friends. Include features like multiple bedrooms, large decks, and game rooms.
- Ensure the layout is functional and spacious, with amenities such as outdoor bars, horseshoe pits, and play areas for children.
Local and Personal Touches
- Add local and personal touches to make the space feel unique and connected to the area. This could include decor that reflects the local culture or recommendations for nearby attractions and activities.
- Provide guests with information about local distilleries, hiking trails, and other outdoor activities that Hochatown is known for.
Privacy and Seclusion
- Ensure that the property offers privacy and seclusion, as many guests seek to immerse themselves in nature. Use features like privacy fencing around hot tubs and secluded lots to achieve this.
Technology and Convenience
- Incorporate modern conveniences such as Smart TVs, indoor and outdoor fireplaces, and fully equipped kitchens to make the stay comfortable and convenient.
- Consider adding amenities like EV plugs and game rooms to cater to a wide range of guest preferences.
Maintenance and Infrastructure
- Be mindful of the strain that luxury amenities can put on the town’s resources. Ensure that the property is well-maintained and that any issues, such as broken pipes, are addressed promptly to avoid disruptions.
Local Attractions and Insider Tips for Hochatown, Oklahoma
Natural Attractions and Outdoor Activities
- Beavers Bend State Park:
- Explore hiking trails, nature trails, and the Beavers Bend Nature Center.
Enjoy activities like fishing, canoeing, kayaking, and paddle boating.
Broken Bow Lake:
- Rent watersport equipment such as kayaks, SUPs, paddleboats, jet skis, and pontoon boats at the Broken Bow Marina.
Take a helicopter tour for a panoramic view of the lake and surrounding area.
Hwy 259 A Loop Drive:
Embark on a scenic 10-mile loop drive around Broken Bow Lake.
Ouachita National Forest:
ATV through the forest using trails like the Belle Starr Multi-Use Trail.
Waterfalls:
- Visit several scenic waterfalls scattered throughout the Hochatown and Broken Bow areas.
Adventure and Thrills
- Rugaru Adventures Zip Line:
Experience ziplining through the lush forest, offering varying lengths and speeds.
Hochatown Extreme:
Engage in rock climbing, zip-lining, and extreme jumping activities.
Big Foot Axe Throwing:
Challenge yourself with axe throwing, a fun and physically demanding activity.
Hochatown Escape Games:
- Participate in real-life escape games where you have 60 minutes to solve puzzles and unlock the mystery.
Family-Friendly Activities
- Hochatown Petting Zoo and Rescue Center:
Interact with a variety of animals, including rescued creatures, and support animal rehabilitation.
Beavers Bend Mining Company:
Let kids mine for gemstones, uncover dinosaur fossils, and enjoy the pirate ship play area and mini-golf.
The Maze of Hochatown:
Navigate a 29,000-square-foot wooden maze and find hidden Hochatown Hotspots & Towers.
Beavers Bend Depot & Trail Rides:
- Enjoy train rides, hayrides, and horseback riding within Beavers Bend State Park.
Shopping and Dining
- Hochatime:
Explore this lifestyle brand for unique apparel and gifts.
Local 259:
Visit this specialty grocery store with a deli, essential groceries, and a wine selection, along with neighboring boutique shops.
Whippoorwill Fudge Factory and Hey Sugar Candy Store:
Indulge in local fudge and other sweet treats.
Once Upon a Time Antiques and Janet’s Treasure Chest:
- Discover antique treasures, souvenirs, and unique items.
Cultural and Historical Experiences
- Learn about the History of the Choctaw Nation:
Understand the historical significance of the Choctaw Tribe in the area.
Hochatown Distilling Co.:
Sample local spirits and learn about the moonshine traditions of the region.
Forest Heritage Center & Museum:
- Gain insights into the forest's history and heritage.
Relaxation and Entertainment
- Choctaw Landing Resort:
Enjoy luxury amenities, a 24/7 casino, several restaurants, and an outdoor recreation venue with an amphitheater and beer garden.
Fish Tales Winery & Bistro:
Savor local wines and cuisine in a cozy setting.
Spas and Wellness Centers:
- Relax at various spas and wellness centers such as Body Harmony Day Spa, Knead It Massage, and others.
Insider Tips
- Book Activities in Advance: Many activities, especially guided tours and horseback riding, require reservations. Plan ahead to ensure availability.
- Check Weather Conditions: Be prepared for varying weather conditions, especially when engaging in outdoor activities.
- Explore Local Cuisine: Try the locally inspired dishes and international cuisine available at various restaurants in the area.
- Support Local Businesses: Visit local shops and support the community by purchasing unique souvenirs and gifts.
- Respect the Environment: Be mindful of the natural beauty and wildlife in the area, and follow any guidelines or regulations to preserve the environment.
Practical Tips to Run a Successful Short Term Rental Business in Hochatown, Oklahoma
To ensure a smooth and enjoyable experience for both you and your guests in Hochatown, Oklahoma, several practical tips can be implemented:
Noise Regulations and Quiet Hours
Inform your guests about the local noise regulations and quiet hours to maintain a peaceful environment for both the guests and the neighbors. Include this information in your house manual and also provide a polite reminder in your welcome message.
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 also outline the house rules, including noise regulations, to avoid any misunderstandings.
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 receive all necessary access codes in advance.
Parking Instructions
Include detailed parking instructions with photos in your house manual to help guests navigate the property easily. This is particularly important if the property has specific parking areas or restrictions.
By implementing these tips, you can enhance guest satisfaction, reduce potential issues, and ensure your short-term rental business in Hochatown, Oklahoma, runs smoothly and successfully.
Here is a brief list of house cleaning providers in or around Hochatown, Oklahoma:
House Cleaning Services
- Sparkling and Beyond: A professional cleaning company based in Hochatown, OK, using state-of-the-art equipment and with years of experience.
For nearby areas, such as Broken Bow, additional services include:- Sunshine Maid Service- The Cleaning Lady- Wp Bois- Carey's Cleaning Service- Byrd's Cleaning Services- Melissa's Cleaning & Home These services are based in Broken Bow but may serve the surrounding areas including Hochatown.
Specialized Cleaning Services
- DLC Cabin Cleaning & Services: Although based in a different area, they have extensive experience in cleaning cabins and houses, which might be relevant for properties in Hochatown.
For vacation rental cleaning specifically, you can also consider services listed on platforms like Turno, which vet vacation rental cleaners in the area.
Short-Term Rental Management Fees in Hochatown, Oklahoma
In Hochatown, Oklahoma, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, which handle comprehensive tasks such as guest communication, marketing, and maintenance, usually charge fees on the higher end of this spectrum, often between 20% to 30%.
In contrast, basic services or partial management may incur lower fees, starting as low as 10% to 15% of the revenue. Additional costs may apply for services like cleaning, repairs, or design and furnishing, which can be billed separately to the property owner. These fees ensure that the property is well-maintained, effectively marketed, and compliant with local regulations, making the management process hassle-free for property owners.