Airbnb & VRBO Performance in Newport Kentucky.

Short-Term Rental Regulations in Newport, Kentucky for 2024

Registration and Licensing

• Property owners must register their short-term rental properties with both the State of Rhode Island Department of Business Regulation and the City of Newport. Registration with the state is valid for two calendar years, and city registration must be renewed annually.

Zoning Restrictions

• Short-term rentals are not permitted in Residential Zones unless the property serves as the primary residence of the owner. Properties must comply with current zoning rules.

Fire Safety Inspections

• All Transient Guest Facility applications must be reviewed by the Fire Marshal's Office to ensure the property meets fire safety standards. Properties hosting more than 5 individuals may require the installation of fire protection systems, including fire alarm systems and sprinklers.

Off-Street Parking Requirements

• Properties may need to meet an off-street parking requirement of one space per bedroom to be eligible for short-term rentals.

Business Licenses

• Property owners must obtain a business license from the City of Newport before operating a short-term rental. This does not apply to hotels that file gross receipt occupational taxes.

Certificate of Transient Guest House Facility

• No rentals are permitted until the Certificate of Transient Guest House Facility has been issued by the City Clerk after the application process is completed and the registration fee is paid.

Compliance with State and City Regulations

• Failure to register a short-term rental with both the state and the city can result in substantial civic fines and potential court action.

Specific Fire Code Requirements

• Properties classified as Lodging and Rooming establishments (hosting between 6 and 16 guests) must comply with specific fire protection requirements, including the installation of fire alarm systems and sprinklers.

High-Revenue Airbnb Neighborhoods in Newport, Kentucky

Neighborhoods Generating Significant Airbnb Revenue

1. Historic District

The historic district of Newport, KY, is highly appealing to tourists due to its charming architecture and cultural significance. This area attracts guests who are interested in the city's rich history and unique ambiance, making it a prime location for Airbnb investments.

2. Waterfront Areas

Neighborhoods near the river offer beautiful views and easy access to local attractions, enhancing the guest experience. The scenic views and proximity to waterfront activities make these areas highly desirable.

3. Newport on the Levee

This area is highly desirable due to its extensive entertainment options, dining experiences, and shopping. Guests are drawn to the vibrant atmosphere and the variety of activities available, making it an ideal location for short-term rentals.

4. Neighborhoods with Convenient Transportation Links to Downtown Cincinnati

Areas with easy access to downtown Cincinnati are favorable for guests who want to explore both Newport and Cincinnati. This convenience in transportation links expands the guest demographic and increases the appeal of these neighborhoods.

5. Family-Friendly Areas with Access to Parks and Recreational Facilities

Neighborhoods that offer access to parks and recreational facilities are attractive to larger groups and families. These areas provide opportunities for recreation and relaxation, making them a popular choice for guests looking for a comprehensive experience.

Why These Neighborhoods Are Appealing

• Unique Ambiance and Cultural Significance: The historic district and waterfront areas offer a unique blend of history, architecture, and scenic views.
• Access to Attractions and Amenities: Neighborhoods like Newport on the Levee provide a wide range of entertainment, dining, and shopping options.
• Convenience: Areas with easy transportation links to Cincinnati and local attractions enhance the guest experience by offering more opportunities for exploration.
• Family-Friendly Environment: Neighborhoods with parks and recreational facilities cater to families and larger groups, providing a comfortable and enjoyable stay.
• Modern Amenities and Furnishings: Many of these neighborhoods feature properties with modern furnishings, outdoor spaces, rooftop views, and other amenities that guests highly value.

Furnishing and Design Tips for an Inviting Airbnb in Newport, Kentucky

Measuring and Layout

• Measure your rooms to determine the best layout, ensuring ample space to move around and unobstructed natural light sources.

Furniture Selection

• Choose timeless, sturdy pieces that align with your theme. Opt for solid beds with easy-to-clean surfaces and consider storage beds for extra space.
• Select mattresses that are at least 8 inches thick, preferably memory foam for durability and ease of replacement.
• Use a mattress cover to extend the life of the mattress.
• Avoid sofas with real or faux leather; instead, opt for sofas with washable covers. Consider a sofa bed to increase guest capacity.

Decor and Aesthetics

• Combine modern and rustic elements to create a unique ambiance that resonates with Newport's charm. Industrial designs with vintage elements and coastal motifs can be particularly appealing.
• Use local art or decor pieces to enhance the character of the space and provide an authentic experience for guests.

Lighting and Mirrors

• Ensure good lighting throughout the property. Use mirrors to make the space feel bigger and brighter.
• Install a full-length mirror with a stylish frame and a nearby power socket for hair dryers and straighteners.

Storage and Organization

• Implement smart storage solutions such as beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to keep the space tidy.
• Provide designated spots for guests' personal items, like luggage racks, to maintain organization.

Kitchen and Dining

• Equip the kitchen with essentials like a coffee maker, microwave, toaster, kettle, blender, and sharp knives. Stock basic cookware, utensils, and dinnerware.
• Choose a durable dining table and comfy, lightweight chairs. Darker chairs can hide stains better.

Guest Amenities

• Provide high-quality, durable towels in neutral colors that can be bleached. Ensure enough storage for guests' toiletries and personal items.
• Include a hairdryer, basic toiletries, and a first-aid kit to enhance the guest experience.

Work and Internet

• Set up a sturdy desk and comfy chair for guests who need to work. Ensure good lighting and easy access to power outlets. High-speed internet is crucial, and consider a Wi-Fi booster for larger properties.

Safety and Accessibility

• Install smoke detectors, carbon monoxide detectors, and a first aid kit. Consider adding a safe for valuables.
• Make your Airbnb accessible to guests with disabilities by incorporating features like ramps, wide doorways, and grab bars in bathrooms.

Outdoor and Additional Features

• If possible, include outdoor spaces that allow guests to enjoy Newport's pleasant weather and scenery. Rooftop views and cozy fireplaces can be significant selling points.
• Ensure easy access to public transportation and amenities like on-site parking and pet-friendly options to cater to diverse guest preferences.

Discover Newport, Kentucky: Local Attractions and Insider Tips

Local Attractions

Family-Friendly Fun

• Newport Aquarium: Home to thousands of aquatic animals, including penguins, jellyfish, alligators, and sharks. Don't miss the shark bridge and the opportunity to pet a stingray.
• Newport on the Levee: An entertainment complex with shops, dining, lodging, and entertainment options. Includes a movie theater, bowling alley, and video arcade.

Historical and Cultural Experiences

• American Legacy Tours: Explore Newport's gangster history and learn about its past as "Sin City" before Las Vegas.
• Monmouth Street Historic District: Stroll through this historic area with distinct architecture, old-time shops, and unique antique stores like Mustang Betty’s Antiques and Funland Forge.

Outdoor Activities

• Newport Riverwalk: An elevated pedestrian and bicycle path offering exceptional views of the Ohio and Licking Rivers and the Cincinnati skyline.
• Purple People Bridge: A pedestrian-only bridge connecting Newport to Cincinnati, perfect for a scenic walk.

Cruises and Water Activities

• BB Riverboats: Enjoy dining cruises, sightseeing cruises, and themed cruises on the Belle of Cincinnati or River Queen.

Festivals and Events

• Glier's Goettafest: Celebrate goetta with live music, games, and a 90-foot tall Ferris wheel.
• Oktoberfest Newport: Experience German culture with food, beer, and a full carnival.
• Italian Festival: Enjoy authentic Italian dishes, live music, and family fun along the Ohio River.

Insider Tips

Dining and Nightlife

• Pompilio's: An iconic Italian restaurant since 1933, known for its hearty food and homey atmosphere. It's also famous for being a filming location for the movie "Rain Man".
• Hofbräuhaus Newport: The first Hofbräuhaus built outside of Munich, offering traditional German fare and house-brewed beer.
• Prohibition Bourbon Bar: Home to the world's largest collection of bourbon and rye whiskeys. A must-visit for bourbon enthusiasts.

Shopping and Local Finds

• Bridgeview Box Park: An outdoor container park with local food, drink establishments, live music, and a social atmosphere.
• Rotolo: A popup shop inside the Gallery at Newport on the Levee, offering unique wares.

Bourbon Experience

• The B-Line: Explore Northern Kentucky's bourbon scene by visiting distilleries like New Riff Distilling and Pensive Distilling Co., and bars like Jerry's Jug House and Three Spirits Tavern.

Practical Information

• Accessibility: Newport is easily accessible via I-471 and is about a 25-minute drive from the Greater Cincinnati International Airport (CVG). Three bridges connect Newport to downtown Cincinnati and Covington.
• Ticket Tips: Purchase tickets for the Newport Aquarium and other attractions ahead of time to ensure a smooth experience.

By sharing these local attractions and insider tips, you can help your Airbnb guests make the most of their visit to Newport, Kentucky.

Practical Tips to Run a Successful Short Term Rental Business in Newport, Kentucky

To ensure a smooth and successful short-term rental business in Newport, Kentucky, several key practices can be implemented:

Noise Regulations and Quiet Hours

Inform your guests about noise regulations and quiet hours to maintain a harmonious environment for both the guests and the neighbors. Include clear guidelines in your house manual and communicate these rules upon check-in to avoid any potential issues.

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 will help guests navigate the property easily and reduce the number of inquiries you receive.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with a unique access code and detailed instructions on how to enter the property.

Parking Instructions

Ensure that parking instructions are clear and accompanied by photos to help guests identify designated parking areas. This can be included in the house manual or sent as a separate welcome message to avoid any confusion.

By implementing these practical tips, you can enhance the guest experience, reduce potential issues, and maintain a positive reputation for your short-term rental business in Newport, Kentucky.

Here is a brief list of house cleaning providers in Newport, Kentucky:

House Cleaning Services in Newport, KY

Tailored Home Solutions

• Offers house, apartment, and office cleaning services, including deep house cleaning, recurring maid services, move-in/out cleaning, and more.
• Serves Newport and surrounding areas in Northern Kentucky.

MaidPro

• Provides weekly, bi-weekly, or one-time house cleaning services tailored to your needs.
• Located in Newport, KY.

Local House Cleaners on Angi

• A list of top-rated house cleaners in Newport, KY, with varying rates and services.
• Costs range between $30 and $50 per hour depending on the size of the house and services required.

House Cleaning Services on Care.com

• Offers a list of affordable house cleaning options in Newport, KY, starting at $23.67/hr.
• Services can be filtered by rates, reviews, and experience.

Newport, Kentucky, Short-Term Rental Management Fees: A Comprehensive Guide

In Newport, Kentucky, 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 guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often falling between 20% to 30% of the monthly rental income. This comprehensive service ensures that all aspects of managing the property, from advertising and booking to cleaning and repairs, are handled professionally. On the other hand, basic services that offer fewer amenities may cost less, usually around 10% to 15%. Additionally, property owners may incur extra fees for specific services such as cleaning, repairs, or design enhancements, which can further impact the overall cost of management.