The short-term rental market in Hollister, Missouri is thriving, with an average 50% occupancy rate, a daily rate of $503, and a monthly revenue of $53,956.
Thriving Short-Term Rentals in Hollister, Missouri
Hollister, Missouri, is experiencing a robust performance in the short-term rental market. With an impressive average occupancy rate of 50%, short-term rentals in Hollister are in high demand. The average daily rate for these rentals stands at $503, contributing to a substantial monthly revenue of $53,956. This strong performance indicates a lucrative opportunity for investors and property managers, highlighting Hollister as a vibrant and attractive destination for both travelers and real estate investors.
Short-Term Rental Regulations in Hollister, Missouri for 2024
Key Regulations
Business Licensing
- All short-term rental property owners must obtain a business license from the city of Hollister, which includes an inspection of the property for safety and compliance with building codes.
Tax Compliance
- Hosts are required to collect and remit a city lodging tax from guests, currently set at 2.75%. Additionally, they must collect and remit state taxes on all short-term rental bookings.
Zoning Laws
- Hosts must ensure their properties are zoned appropriately for short-term rentals. Zoning laws may restrict short-term rentals in certain areas, so it is crucial to check with the City Planning and Development Department.
Safety and Occupancy Requirements
- Properties must comply with specific safety and occupancy requirements as part of the business licensing process.
Conditional Use Permits
- While not specifically mentioned for short-term rentals, conditional use permits may be required for certain types of uses not listed in the city's zoning regulations. These permits have specific conditions and expiration dates.
Compliance with Municipal Code
- All short-term rental operations must conform to all applicable provisions of the City of Hollister's Municipal Code, including any special event permits if applicable.
Additional Considerations
Enforcement of Regulations
- While regulations are in place, it is noted that the local government is not strictly enforcing short-term rental-related regulations, as very few Airbnb listings currently display their license numbers.
Property Maintenance
- Properties must be maintained to ensure they meet all legal and safety requirements, which can be overseen by a professional vacation rental management company if desired.
High-Revenue Airbnb Neighborhoods in Hollister, Missouri
Why These Neighborhoods Are Appealing
Hollister, Missouri, is a lucrative market for Airbnb investors due to its proximity to popular attractions like Branson and Table Rock Lake. Here are the top neighborhoods generating significant Airbnb revenue, along with their appeal to guests:
Neighborhoods Close to Branson Landing
- Appeal: These neighborhoods offer easy access to fine dining, shopping, and the live entertainment options available in Branson. Guests can enjoy music shows, theme parks, and other attractions while still experiencing the charm of Hollister.
Areas Near Table Rock Lake
- Appeal: Proximity to Table Rock Lake makes these neighborhoods ideal for outdoor enthusiasts. Guests can engage in activities such as fishing, hiking, and boating, and enjoy the scenic beauty of the Ozark Mountains.
Neighborhoods with Serene Environments and Nature Views
- Appeal: These areas provide a peaceful escape for visitors, offering serene environments with nature views. This setting is particularly attractive to those seeking a relaxing getaway from urban life.
Key Features and Amenities
- Outdoor Spaces and Recreational Facilities: Properties with outdoor spaces, pools, and recreational facilities are highly sought after, allowing guests to enjoy the surrounding landscape comfortably.
- Cozy Interiors and Modern Furnishings: Homes with modernized furniture, hot tubs, and family-friendly setups receive higher ratings and more repeat bookings. Contemporary farmhouse designs and eclectic decor that reflect local culture are particularly popular.
- Accessibility to Community Events: Neighborhoods that are close to community events and festivals in Hollister also attract visitors, enriching their overall experience.
By investing in these strategic locations and ensuring properties are equipped with desirable amenities, hosts can maximize their Airbnb revenue in Hollister, Missouri.
Creating an Inviting Airbnb in Hollister, Missouri: Design and Furnishing Tips
Understanding the Local Appeal
- Hollister, MO, is known for its natural beauty, proximity to Branson and Table Rock Lake, and a blend of rustic charm and modern convenience. Reflect this unique style in your design choices.
Key Amenities and Features
- Outdoor Spaces: Include pools, hot tubs, and recreational facilities to allow guests to enjoy the surrounding landscape comfortably.
- Cozy Interiors: Use modern, stylish decor that incorporates natural materials and earthy tones to create a welcoming atmosphere.
Furniture and Decor Styles
- Contemporary Farmhouse: Opt for designs that blend rustic charm with modern convenience, using natural materials and earthy tones.
- Eclectic Decor: Incorporate local culture and art to reflect the area's unique character.
Living Room Design
- Lighting Control: Install lamps and dimmer switches to enhance the ambiance and provide flexibility.
- Comfortable Seating: Include plush blankets, pillows with various fill options, and occasional tables to ensure every guest has a place to relax and engage.
- Layout Considerations: Design the room to evoke conversation and accommodate different activities, such as reading nooks or family game areas.
Bedroom Luxuries
- High-Quality Bedding: Offer multiple bedding layers and different pillow fill options to cater to various guest preferences. Use blackout shades for better sleep quality.
- Temperature Control: Install ceiling fans or provide other temperature control options for guest comfort.
- Convenient Amenities: Include bedside tables with lamps, USB ports, or wireless charging features.
Neighborhood and Location Considerations
- Proximity to Attractions: Invest in properties close to Branson Landing, Table Rock Lake, and other local attractions to enhance guest experience and accessibility.
Additional Touches
- Smart Home Technology: Incorporate smart locks and universal remotes to offer convenience and modern amenities.
- Local Themes: Tailor your décor and offerings to align with themes like "Lake Retreat" or "Ozark Exploration" to enhance the guest experience.
Guest-Centric Design
- Family-Friendly: Include game rooms, spacious accommodations, and family-friendly setups to cater to larger groups and families.
- Personalized Hospitality: Infuse your property with local culture, provide insider access to attractions, and offer unique packages to make the stay memorable.
Discovering Hollister, Missouri: Local Attractions and Insider Tips
Local Attractions
Historic Downtown Hollister
- Explore the charming historic downtown area, modeled after an old-fashioned English village.
- Visit English-style pubs like the Black Horse Pub and quaint antique shops such as Ye Olde Antique & Flea Market and Green Lantern Antiques.
Dining and Shopping
- Enjoy Mexican cuisine at Little Hacienda and indulge in pastries, coffee, or wine at Vintage Paris.
- Experience the spectacular water fountain displays at Branson Landing, adjacent to Lake Taneycomo.
Outdoor Activities
- Engage in boating, fishing, kayaking, and cruising on Lake Taneycomo and Table Rock Lake.
- Take part in sightseeing and entertainment cruises using authentic paddlewheel boats.
Golfing and Nature
- Play at the acclaimed Buffalo Ridge Springs Golf Course, known for its natural beauty and free-ranging North American bison.
- Visit the Top of the Rock Golf Course and the Mountain Top Course, designed by renowned golf architects.
Scenic Railway
- Take a ride on the Branson Scenic Railway, which winds through the Ozarks and features the Polar Express during the winter holiday season.
Educational and Cultural Sites
- Visit the Ralph Foster Museum at the College of the Ozarks to learn about the history of southern Missouri.
- Dine at Dobyn’s Dining Room at the Keeter Center, where students work to pay for their tuition.
Insider Tips
Annual Events
- Attend the annual grape festival held in the historic town of Hollister.
Nearby Attractions
- Explore Dogwood Canyon Nature Park, just 25 miles southwest of Hollister, for biking, hiking, and horseback riding opportunities.
- Visit the Wonders of Wildlife National Museum & Aquarium in Springfield, a short drive from Hollister.
Local Favorites
- Check out the family-friendly arcade and other attractions at Big Cedar Lodge, including marinas on Table Rock Lake.
- Enjoy the entertainment options at Fun Mountain, featuring an arcade, bumper cars, underwater-themed bowling, and more.
Transportation
- Use intercity bus service provided by Jefferson Lines for convenient travel to and from Hollister.
By sharing these local attractions and insider tips, you can help your Airbnb guests make the most of their visit to Hollister, Missouri, and experience the unique charm and natural beauty of this historic town.
Practical Tips to Run a Successful Short-Term Rental Business in Hollister, Missouri
To ensure the success of a short-term rental business in Hollister, Missouri, several practical tips can be implemented to enhance guest satisfaction and compliance with local regulations.
Noise Regulations and Quiet Hours
Inform guests about quiet hours through clear communication in your listing and in a digital or physical house manual. This helps maintain a respectful environment for both guests and neighbors, adhering to Hollister's noise regulations.
Comprehensive House Manual
Create 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 the property's rules and regulations, including quiet hours, 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 guests with clear instructions on how to access the property, along with photos of the parking area and any specific parking instructions. This ensures a smooth and hassle-free arrival experience.
Additional Considerations
- Local Compliance: Ensure your property complies with Hollister's regulations, including obtaining a business license and collecting the city lodging tax of 2.75% from guests.
- Amenities and Maintenance: Focus on providing amenities that are in high demand, such as outdoor spaces, pools, and recreational facilities. Regular maintenance and prompt communication are crucial for positive reviews and repeat bookings.
By implementing these practical tips, you can enhance the guest experience, ensure compliance with local regulations, and ultimately drive the success of your short-term rental business in Hollister, Missouri.
Here is a brief list of house cleaning providers in Hollister, Missouri:
House Cleaning Services in Hollister, MO
Care.com
- Offers a variety of house cleaning services, including kitchen cleaning, with rates starting at $19.75/hr.
Angi
- Provides a list of the top 10 best house cleaners in Hollister, MO, along with real reviews and ratings.
Homeaglow
- Features top-rated house cleaners who are professional, affordable, and background-checked. Initial 3-hour clean starts at $19.
HomeAdvisor
- Lists top-rated cleaning experts in Hollister, MO, with real reviews and ratings available for free.
These services can help you find reliable and affordable house cleaning options in Hollister, MO.
Short-Term Rental Management Fees in Hollister, Missouri
In Hollister, Missouri, the fees for managing short-term rentals 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 guest communication, marketing, and maintenance, usually charge fees at the higher end of this spectrum, often between 20% to 25% of the rental income.
Basic service packages, which may only include essential management tasks, can be less expensive but still fall within the 10% to 20% range. Additionally, hosts may incur extra fees for services such as cleaning, repairs, or property design and amenities. These additional costs can include a city lodging tax of 2.75%, cleaning fees, and consumables fees, all of which contribute to the overall expense of managing a short-term rental property in Hollister.