Airbnb & VRBO Performance in Hot Springs Village Arkansas.

Short-Term Rental Regulations in Hot Springs, Arkansas for 2024

Licensing and Registration

• Owners of short-term rental properties must obtain a business license annually, due on January 1, for each STR property.
• The application must include the name, address, and phone number of the property owner and a local contact person responsible for responding to emergencies and complaints.

Caps on Short-Term Rentals

• A cap of 500 licensed short-term rental properties is in place within residential settings, excluding Horizontal Property Regimes (HPRs), condominiums, or commercial rentals.
• Alternatively, some sources indicate a cap of 700 STRs per calendar year within residential zones.

Inspections and Certificates

• An initial inspection must precede the obtainment of each new business license to ensure compliance with safety standards and a Certificate of Occupancy (CO).

Fees

• An annual business and occupation tax of $50 per bed within the property is required.

Local Management and Emergency Response

• STRs must have a local property manager who can be on-call at all times and respond on-site within 60 minutes to reported issues.

Occupancy and Parking

• The maximum number of occupants for STRs shall not exceed two per bedroom, plus two.
• Off-street parking must be made available according to city codes.

Compliance with City Ordinances

• STRs must comply with the Hot Springs Solid Waste Ordinance and city codes regulating noise to prevent disturbances in neighborhoods.

Transparency and Communication

• Contracts for temporary tenancy must include comprehensive contact information for transparency and direct communication between tenants, owners, and the city.
• Rental sites must visibly post important local information for renters, such as regulatory guidelines, emergency contact numbers, and specific STR regulations.

Taxation

• STR properties are subject to the local Hotel, Motel, Restaurant (HMR) tax. Owners must either use platforms like Airbnb and VRBO that have voluntary collection agreements or personally collect and remit the tax monthly.

Furnishing and Design Tips for an Airbnb in Hot Springs Village, Arkansas

To create an inviting and authentic Airbnb space in Hot Springs Village, Arkansas, consider the following tips that reflect the city's unique style and natural beauty:

Embrace Natural Elements

• Incorporate Local Materials: Use materials such as wood, stone, and natural fibers to bring the outdoors in and align with the village's natural surroundings.
• Bring in Plants: Add plants native to the Ouachita Mountains to enhance the natural ambiance and purify the air.

Reflect the Community's Active Lifestyle

• Comfortable and Practical Furniture: Choose furniture that is both comfortable and practical, catering to guests who may be engaging in outdoor activities like golf, hiking, or water sports.
• Storage for Gear: Provide ample storage for guests to keep their outdoor gear, such as golf clubs, bicycles, or hiking equipment.

Highlight Local Culture and History

• Decorate with Local Art: Incorporate artwork and crafts from local artists to give your space a unique and authentic feel.
• Historical Touches: Add decorative items or wall art that reflect the history of Hot Springs Village and the surrounding area, such as vintage photographs or historical maps.

Utilize Neutral and Earthy Color Schemes

• Earth Tones: Use a color palette that includes earthy tones such as greens, browns, and blues to blend seamlessly with the natural environment.
• Neutral Backgrounds: Opt for neutral backgrounds to allow the natural beauty of the surroundings to be the focal point.

Create Cozy and Inviting Spaces

• Fireplace or Wood Stove: Install a fireplace or wood stove to create a cozy atmosphere, especially during cooler months.
• Soft Lighting: Use soft lighting to create a warm and welcoming ambiance, perfect for relaxing after a day of outdoor activities.

Incorporate Outdoor Living

• Outdoor Seating Areas: Create inviting outdoor seating areas where guests can enjoy the scenic views of the Ouachita Mountains and the village's lakes and trails.
• BBQ and Dining Areas: Provide a BBQ and outdoor dining area to encourage guests to spend time outdoors and enjoy the natural beauty of the village.

Consider Multigenerational Appeal

• Family-Friendly Amenities: Include amenities that cater to families, such as game tables, books, and outdoor games, reflecting the village's multigenerational community.
• Flexible Spaces: Design spaces that can be easily adapted for different types of guests, whether they are families, couples, or solo travelers.

Maintain a Clean and Modern Aesthetic

• Modern Amenities: Ensure the space is equipped with modern amenities such as Wi-Fi, smart TVs, and fully equipped kitchens to meet the expectations of contemporary travelers.
• Clean Lines and Minimal Clutter: Keep the design clean and uncluttered to maintain a sense of openness and relaxation.

By following these tips, you can create an Airbnb space in Hot Springs Village that is both inviting and reflective of the unique style and natural beauty of the area.

Discovering Hot Springs Village, Arkansas: Local Attractions and Insider Tips

Local Attractions

Natural Wonders

• Hot Springs National Park: The oldest unit in the national park system, known for its hot springs flowing from Hot Springs Mountain.
• Ouachita National Forest: Offers camping, hiking, biking, scenic driving, and various recreational activities.
• Lake Ouachita: A favorite for sailors, scuba divers, and fishermen, with over 970 miles of pristine shoreline.
• Garvan Woodland Gardens: A botanical garden of the University of Arkansas, providing a serene and educational experience.

Historical and Cultural Sites

• Fordyce Bathhouse and Museum: A restored bathhouse now serving as a museum and visitor center, showcasing historical amenities and therapy devices.
• Hot Springs Mountain Tower: Offers panoramic views of the countryside from the top of Hot Springs Mountain.
• Bathhouse Row: A historic district featuring several preserved bathhouses.

Family-Friendly Activities

• Magic Springs Theme and Water Park: A unique park combining theme park rides with a water park, ideal for hot summer days.
• Mid-America Science Museum: Engaging exhibits and interactive activities for children and adults alike.
• Ron Coleman’s Crystal Mine: An opportunity to dig for crystals in a unique and fun outdoor setting.

Recreation and Leisure

• Hot Springs Village Golf Courses: Nine championship golf courses, including a 27-hole golf complex and a prestigious private club.
• Watersports: Enjoy fishing, swimming, kayaking, boating, and skiing on the 11 recreational lakes within Hot Springs Village.
• Tennis and Pickleball Courts: Extensive facilities including clay courts and pickleball courts.

Entertainment

• Oaklawn Racing and Gaming: Known for its rich history and premier racing events, including the Arkansas Derby.
• Maxwell Blade Theatre and Magic: A venue offering magic shows and other performances.
• Hot Springs Bathhouse Dinner Theatre: A unique dining experience combined with live theater.

Insider Tips

Planning Your Visit

• 2024 Solar Eclipse: If visiting on April 8, 2024, witness the solar eclipse at Los Lagos for a memorable experience.
• Discovery Package: Book a Discovery Package to explore all that Hot Springs Village has to offer, including its amenities and activities.

Local Favorites

• Dining: Check out the local restaurant guide for recommendations around Hot Springs Village.
• Shopping: Visit The Vintage Emporium, Britt's Boutique, and Hot Springs Mall for unique shopping experiences.

Community Events

• Hot Springs Documentary Film Festival: Attend this annual festival showcasing high-quality documentary films.
• Kiwanis Golf Tournament: Participate in or watch this annual golf tournament at Magellan Golf Course.

Safety and Amenities

• Low Crime Rate: Hot Springs Village is known for its low crime rate, making it a safe and secure destination.
• Community Facilities: Utilize the Coronado Fitness Center, indoor and outdoor swimming pools, and various community centers.

Getting Around

• Proximity to Hot Springs and Little Rock: Hot Springs Village is a short drive from historic Hot Springs and Little Rock, offering easy access to additional attractions.

By sharing these attractions and tips, you can help your guests make the most of their visit to Hot Springs Village, Arkansas.

Practical Tips to Run a Successful Short-Term Rental Business in Hot Springs, Arkansas

To ensure a smooth and successful short-term rental business in Hot Springs, Arkansas, several practical tips can be implemented. First, it is crucial to adhere to the city's noise regulations by informing guests about quiet hours. This can be done through clear communication in the rental listing and a welcome message upon arrival, helping to maintain a peaceful environment for both guests and neighbors.

Creating a comprehensive digital and physical house manual is also essential. This manual should include detailed instructions on how to use appliances, Wi-Fi passwords, and other important information about the property. This not only enhances the guest experience but also reduces the number of inquiries and complaints.

Simplifying the check-in process is another key aspect. Utilizing smart locks eliminates the need for physical key exchanges, making the arrival process seamless and convenient for guests. Additionally, providing parking instructions accompanied by photos can help guests navigate the property easily and avoid any potential issues.

By implementing these strategies, you can ensure compliance with local regulations, enhance guest satisfaction, and maintain a well-organized and efficient short-term rental business in Hot Springs.

Here is a brief list of house cleaning services in Hot Springs Village, Arkansas:

House Cleaning Services

W's Cleaning Service

• Provides top-to-bottom basic house cleaning
• Known for quality cleaning at affordable prices
• Located at 4811 Hwy 7 North, Hot Springs Village, AR.

Top Rated House Cleaners on Angi

• Various cleaners listed with average costs between $30 and $50 per hour
• Services include standard, deep, move-in/move-out, and emergency cleaning.

Maid Services on HomeAdvisor

• Lists several maid services with average costs ranging from $100 to $165
• Includes reviews and comparisons of different services.

Homeaglow

• Offers professional, affordable, and background-checked cleaners
• Initial 3-hour clean available from $19.

Additional Resources

• Walmart House Cleaning Services: Offers cleaning services for various parts of the home. Contact at 833-600-0406 or visit in person.

Hot Springs Village, Arkansas: Understanding Short-Term Rental Management Fees

In Hot Springs Village, Arkansas, 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, which includes comprehensive services such as guest communication, marketing, maintenance coordination, and reservation management, tends to be on the higher end of this spectrum, often around 20-30% of the nightly rent.

Basic services, which may include only the essential management tasks, can be more affordable, sometimes starting at around 10% of the monthly rent. Additionally, property owners may incur extra fees for services like cleaning, repairs, and professional photography, which can be charged separately or included in the overall management fee. Understanding these fee structures is crucial for property owners to manage their expenses and maximize their rental income effectively.