Airbnb & VRBO Performance in Shirley Arkansas.

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Shirley, Arkansas: Airbnb & VRBO Vacation Rental Market Overview

In Shirley, Arkansas, the short-term rental market is thriving, with over 234 available properties, including houses and cabins, offering a wide range of convenient and flexible accommodation options for travelers.

Market overview

Thriving Short-Term Rentals in Shirley, Arkansas: A Beacon of Hospitality

Shirley, Arkansas, is experiencing a robust short-term rental market, catering to the growing demand for convenient and comfortable accommodations. While specific data for Shirley is not readily available, the broader trends in Arkansas and the U.S. short-term rental market provide a positive outlook. Nationally, occupancy rates are expected to stabilize around 54.7%, and average daily rates (ADRs) are anticipated to see a modest increase of 2.1% in 2024.

In Shirley, the availability of over 234 vacation rentals, including houses and cabins, indicates a strong supply to meet the needs of travelers. As the travel and tourism sectors continue to recover, Shirley's short-term rental market is well-positioned to benefit from the increased demand, offering a welcoming and flexible option for visitors to the area.

Short Term Regulations

Short-Term Rental Regulations in Arkansas (Applicable to Cities Like Shirley) for 2024

While specific regulations for Shirley, Arkansas, are not provided in the sources, the following regulations are generally applicable to various cities in Arkansas and can be inferred to apply or be similar in Shirley:

Licensing and Permits

  • Business License Requirement: Owners of short-term residential rental properties must obtain a business license, which includes submitting the owner's name, address, phone number, a list of all rental addresses owned in the city, and the contact details of a local person responsible for handling emergencies and complaints.

Annual Fees

  • Annual Licensing Fee: Operators must pay an annual fee, typically $500, to the city.

Safety and Inspections

  • Certificate of Occupancy: A Certificate of Occupancy (CO) inspection is required, especially if the maximum occupancy has changed or for conditionally passed STRs.
  • Annual Inspections: Mandatory annual inspections to ensure compliance with safety standards.

Zoning and Caps

  • Rental Cap: Some cities have a cap on the number of short-term rentals, such as 500 units citywide in places like Hot Springs and Little Rock.
  • Zoning Restrictions: Short-term rentals may be prohibited or restricted in designated residential areas.

Property Management

  • Local Property Manager Requirement: Short-term rentals must have a local property manager on-call at all times, who can be on-site within 60 minutes to address issues.

Occupancy and Parking

  • Occupancy Limitations: The maximum number of occupants is limited, typically two per bedroom plus two additional occupants.
  • Off-street Parking: Must be provided in accordance with city codes.

Compliance and Enforcement

  • Complaint Regulation: Operators risk losing their business license if multiple police-verified complaints are reported within a year.
  • Transparency Requirements: Contracts for temporary tenancy must include comprehensive contact information, and rental sites must visibly post important local information for renters.

Taxes

  • State and Local Taxes: Owners must file and pay state hotel occupancy and local lodging taxes.

Insurance

  • Proof of Insurance: Owners must show adequate liability insurance coverage for their STR.

By adhering to these regulations, short-term rental owners in Arkansas can ensure compliance and avoid legal repercussions. However, it is crucial to check with local authorities in Shirley for any specific or additional regulations that may apply.

Neighborhood Performance

Top Airbnb Neighborhoods in Shirley, Arkansas: Revenue Generators and Guest Appeal

While specific neighborhood data for Shirley, Arkansas, is not extensively detailed in the provided sources, we can infer some insights based on the general appeal of nearby areas and the characteristics that make them attractive for Airbnb guests.

1. Areas Near Lake Dardanelle and the Arkansas River

  • Appeal: Proximity to Lake Dardanelle and the Arkansas River makes these areas attractive for guests who enjoy water activities such as fishing, boating, and scenic views.
  • Revenue Potential: Properties near these water bodies can command higher rates due to their scenic locations and recreational opportunities.

2. Neighborhoods Close to Outdoor Attractions

  • Appeal: Shirley's proximity to the Ozark National Forest and other outdoor attractions like the Ouachita National Forest makes neighborhoods near these areas appealing for nature lovers and outdoor enthusiasts.
  • Revenue Potential: Guests are willing to pay more for accommodations that offer easy access to hiking trails, camping sites, and other outdoor activities.

3. Rural and Scenic Areas

  • Appeal: The rural and scenic nature of Shirley, with its rolling hills and countryside views, attracts guests looking for a peaceful retreat from urban life.
  • Revenue Potential: Properties that offer a serene and picturesque environment can generate significant revenue, especially during peak travel seasons.

4. Neighborhoods with Easy Access to Local Events and Festivals

  • Appeal: Areas that are conveniently located near local events, festivals, and community gatherings can attract guests who want to experience the local culture.
  • Revenue Potential: Properties in these neighborhoods can benefit from increased demand during event seasons, leading to higher revenue.

While Shirley itself may not have detailed neighborhood-specific data, the appeal of its surrounding natural beauty, outdoor activities, and rural charm makes it an attractive destination for Airbnb guests, potentially generating significant revenue for property owners in these areas.

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Design Tips

Furnishing Your Airbnb in Shirley, Arkansas: Tips for an Inviting and Locally Inspired Space

Tips for Creating an Inviting and Locally Inspired Airbnb

1. Define Your Property's Aesthetic

Align your furniture and decor with the local style and market of Shirley, Arkansas. Consider the natural beauty and outdoor lifestyle of the area to create a cohesive and appealing aesthetic.

2. Choose Timeless and Durable Furniture

Opt for sturdy, timeless pieces that can withstand the wear and tear of frequent guests. Avoid flimsy or low-quality furniture, and consider pieces with multiple functions, such as sofa beds or storage beds.

3. Utilize Smart Storage

Incorporate smart storage solutions like beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers to keep the space tidy and functional. This helps in maintaining a clutter-free environment and provides guests with designated spots for their belongings.

4. Enhance with Mirrors and Lighting

Use mirrors to make the space feel bigger and brighter. Ensure there are ample natural light sources and consider adding lamps or other lighting fixtures to create a warm and inviting atmosphere.

5. Focus on Comfort and Cleanliness

Select a solid bed with a high-quality mattress, preferably memory foam for durability. Use mattress covers and opt for white linens to give a hotel-like feel. Choose easy-to-clean furniture, especially for high-traffic areas like sofas.

6. Incorporate Local Touches

Add elements that reflect the local culture and natural beauty of Shirley, Arkansas. This could include decor items that highlight the area's outdoor lifestyle, such as nature-inspired artwork or rustic furnishings.

7. Ensure Accessibility

Consider making your Airbnb accessible to guests with disabilities by incorporating features like ramps, wide doorways, and grab bars in bathrooms. This enhances the overall guest experience and inclusivity.

8. Plan Updates Strategically

Schedule furniture updates during the off-season or short gaps between bookings to minimize disruption. This ensures your property remains in top shape for guests while allowing for necessary updates.

9. Provide Essential Amenities

Include amenities like hair dryers, basic toiletries, and a first-aid kit to enhance guest comfort. Ensure there is adequate storage for guests' personal items and toiletries.

10. Maintain Consistency

Stick to your chosen theme and ensure consistency in decor and furniture choices. This helps in creating a cohesive and welcoming space for your guests.

Insider Tips

Local Attractions and Insider Tips for Shirley, Arkansas

Local Attractions

City of Shirley Train Bridge

  • An old Missouri & North Arkansas Railroad bridge, now converted for vehicular use with a layer of concrete. It crosses the Little Red River and offers a unique driving experience.

Walk Railroad History Hiking Trail

  • A hiking trail that delves into the railroad history of the area. This trail is a great way to explore the outdoors and learn about the local heritage.

The Pig Trail Trading Co.

  • A local spot for shopping and exploring, offering a variety of goods and a glimpse into the community's culture.

Greers Ferry Lake

  • Although not directly in Shirley, Greers Ferry Lake is nearby and offers exceptional opportunities for fishing, boating, golfing, hiking, and other outdoor activities. It's known for its clear waters and diverse fish species, including largemouth bass, white bass hybrids, walleye, and trout.

Insider Tips

Outdoor Activities

  • Fishing and Hunting: The area around Shirley is renowned for its fishing and hunting opportunities. Guests can enjoy casting for various fish species at Greers Ferry Lake or explore the surrounding woods for hunting.

Local Cuisine

  • Mushroom Growing: Shirley is known for its mushroom growing industry. Encourage guests to try local mushroom dishes or visit farms to learn more about mushroom cultivation.

Community Events

  • National Champion Chuckwagon Races: While not in Shirley itself, these races are held nearby in Clinton during Labor Day Weekend. Guests might enjoy the excitement of chuckwagon racing, bronc fanning, and other horse racing events.

Scenic Drives

  • Ozark Scenery: The area is nestled in the Ozark Mountains, offering beautiful scenic drives and hiking trails. Recommend routes that highlight the natural beauty of the region.

Local Culture

  • Railroad History: Share the rich railroad history of the area with your guests. The Walk Railroad History Hiking Trail and the City of Shirley Train Bridge are excellent places to explore this aspect of local culture.

By providing these attractions and insider tips, you can enhance your guests' experience and help them make the most of their visit to Shirley, Arkansas.

Practical Tips

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

To ensure a smooth and profitable short-term rental business in Shirley, Arkansas, several practical tips can make a significant difference in guest satisfaction and operational efficiency.

Noise Regulations and Quiet Hours

Inform your guests about quiet hours to maintain a peaceful environment for both the guests and the neighbors. Include clear guidelines on noise levels in your digital and physical house manual, and consider posting reminders in common areas.

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 cover house rules, including noise regulations, to set clear expectations for your guests.

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. Additionally, include parking instructions accompanied by photos to help guests navigate the property easily.

By implementing these strategies, you can enhance the guest experience, reduce potential issues, and ensure a well-organized and welcoming environment for your short-term rental in Shirley, Arkansas.

Local Vendors

Here is a brief list of house cleaning, repair, and maintenance providers in Shirley, Arkansas:

House Cleaning Services

  • Shirley's Cleaning Service: Offers cleaning services, including janitorial and housekeeping services.

Repair and Maintenance Services

  • Various Providers through Angi: Includes services such as appliance repair, basement remodeling, and asbestos removal from different local professionals.

Exterior Cleaning Services

  • 501 Pressure Washing: Specializes in exterior cleaning and pressure washing services for homes.

Other Services

  • AR Sanitation, LLC: Provides trash pick-up services for both commercial and residential clients, though not specifically house cleaning or repair.
Management fees

Short-Term Rental Management Fees in Shirley, Arkansas: A Guide to Costs and Services

In Shirley, Arkansas, the fees for managing short-term rental properties 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 tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. In contrast, basic services that cover only the essentials may incur lower fees. Additionally, property owners may need to account for extra costs such as cleaning services, repairs, and design or setup fees, which can add to the overall expense of managing a short-term rental property.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Shirley should generate as a short term rental and look at the performance of properties around yours.

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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Shirley.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for Arkansas