Short-term rentals in Stowe, Vermont, are thriving, with an average daily rate of $568, a 49% occupancy rate, and a significant annual revenue of $47,186, along with a growing number of active listings and strong demand.
Thriving Short-Term Rental Market in Stowe, Vermont
Stowe, Vermont, is experiencing a robust short-term rental market, showcasing strong performance metrics. As of the latest data, short-term rentals in Stowe boast an average occupancy rate of 49%, indicating a high demand for these accommodations. The average daily rate stands at an impressive $568, contributing to a substantial monthly revenue of $47,186. This growth is further highlighted by an 8% increase in active listings over the past year, with the majority of rentals being entire homes. These figures underscore the attractiveness and profitability of the short-term rental sector in Stowe, making it an appealing destination for both visitors and investors.
Short-Term Rental Regulations in Stowe, Vermont for 2024
Registration and Fees
- Short-term rental operators must register their properties with the Town of Stowe, with a mandatory registration fee of $100 starting May 1, 2025.
Designated Agent and Response
- Hosts must designate an agent who can respond in person within 45 minutes of notification regarding any issues while the property is being rented.
Fire Safety and Access
- Hosts must follow fire safety rules, including ensuring 24/7 access to the property for the Fire Department via a department-approved lockbox or other means.
Contact Information
- Hosts must post contact information within the property.
State and Local Taxes
- Operators must register with the Vermont Department of Taxes for a Vermont Meals and Rooms Tax Account and collect state lodging taxes, including a 9% meals and rooms tax and a new 3% surcharge effective August 1, 2024.
- Hosts must also collect a 1% local option tax, unless the taxes are filed and paid by a third party such as a marketplace.
Tax Compliance
- Hosts must include their Vermont Meals and Rooms Tax Account number in any advertisements for the rental.
- All charges for the use of an STR, including fees for pets, cleaning, extra guests, and forfeited deposits, are taxable. Optional services are not subject to state lodging taxes if separately stated on the guest’s bill.
Safety Standards
- Short-term rentals must adhere to state fire safety and life safety codes, including having operable emergency exit windows and functional smoke and carbon monoxide alarms.
Additional Requirements
- Hosts must obtain a state food and lodging license if they have more than three units or are serving any food other than prepackaged items.
- Hosts are required to complete the 'Short Term Rental Safety, Health and Financial Obligations' form and display it inside the rental property.
Compliance and Enforcement
- Breaking the law can lead to fines of up to $400. The town has hired a software company to identify operating STRs and to run Stowe’s STR registry.
Top Neighborhoods for Airbnb Revenue in Stowe, Vermont
1. Stowe Village
- Appeal: Stowe Village is highly appealing due to its central location, allowing guests to walk to restaurants, bars, supermarkets, and town hall. Properties like "Carolyn's Rustic Modern Chalet" and "The Farm Home, historic farmhouse + boutique stay" offer luxurious amenities and historic charm, making them highly sought after.
2. Lower Village of Stowe
- Appeal: The Lower Village is attractive because of its proximity to Main Street and the ease of walking to local amenities. The "Modern Farmhouse Walking Distance to Town" is a prime example, offering a newly built farmhouse with modern amenities and a quiet workspace, ideal for both vacationers and remote workers.
3. Topnotch Resort & Spa Area
- Appeal: This area is popular due to its proximity to Stowe Mountain Resort and the luxurious amenities provided by the Topnotch Resort & Spa. The "Stowe, Topnotch Resort-Best Mt & Luxury in Vermont" condo offers privacy, spacious living, and access to resort facilities, making it perfect for families and couples.
4. Cady Hill Trails and Main Street Area
- Appeal: This neighborhood is favored for its easy access to Cady Hill Trails, Main Street Stowe, and Trapp's Outdoor Center. Rentals like the "Historic Farmhouse Private APT: mtn+valley view" provide clean, modern aesthetics and private spaces, making them ideal for adventurers and those seeking convenience.
5. Stowe Hollow
- Appeal: Stowe Hollow is appealing because of its close proximity to skiing and other outdoor activities. Properties such as the one listed as "Located In The Heart Of Stowe Hollow!!! Close To Town!!! Close To Skiing!!!" offer spacious living areas, private terraces, and amenities like saunas, making them highly desirable for large groups and families.
These neighborhoods are highly rated for their location, cleanliness, and the variety of amenities they offer, making them the most appealing and revenue-generating areas for Airbnb in Stowe, Vermont.
Creating an Inviting Airbnb in Stowe, Vermont: Design and Furnishing Tips
Entry and First Impressions
- Ensure the entryway is welcoming and thoughtfully designed to make guests feel special. Add elements like a cozy rug, a few pieces of local artwork, and a welcoming note or gift.
- Consider adding a bench or a small table for guests to place their belongings, creating a sense of organization and comfort.
Living Room
- Lighting Control: Install dimmer switches and use a variety of lamps to create a warm and inviting atmosphere.
- Comfortable Seating: Include plush blankets, pillows with different fill options, and occasional tables to ensure everyone has a place to sit and set their drinks.
- Layout: Design the room to evoke conversation and comfort. Use swivel chairs and nooks with lamps for a cozy reading experience.
- Local Touches: Incorporate elements that reflect Stowe's unique style, such as rustic furnishings and Vermont-themed decor.
Bedroom
- Luxurious Bedding: Offer high-quality bedding options and provide extra layers in the closet for guest convenience.
- Pillows and Temperature Control: Provide two sleeping pillows per guest with different fill options and ensure temperature control with ceiling fans or adjustable heating.
- Bedside Tables and Lamps: Include bedside tables with lamps, ideally with USB ports or wireless charging features.
- Blackout Shades: Ensure blackout shades are installed to cater to different sleep preferences.
Outdoor and Seasonal Amenities
- Year-Round Appeal: Equip your property with features like a cozy fireplace for winter and outdoor seating for summer.
- Ski-Focused Amenities: For ski enthusiasts, offer ski storage, boot warmers, and consider shuttle services to nearby slopes.
- Outdoor Spaces: Set up decks with grills, outdoor dining tables, and hot tubs to enhance the outdoor experience. For warmer months, add amenities like kayaks or paddleboards if near a lake.
Local Experiences and Connections
- Vermont Guidebook: Create a guidebook with recommendations for local burger spots, riverfront beaches, butchers, farmstands, and other unique Vermont experiences.
- Partnerships: Forge partnerships with local restaurants, breweries, and shops to provide guests with exclusive discounts and recommendations.
Eco-Friendly and Sustainable Practices
- Eco-Friendly Initiatives: Incorporate sustainable practices such as recycling, using energy-efficient appliances, and water conservation measures to align with Vermont's eco-conscious vibe.
Additional Touches
- Modern Appliances and Furnishings: Use modern appliances and trendy details like subway tile backsplashes and natural elements to create a contemporary yet cozy atmosphere.
- Private and Peaceful: Ensure the property is designed with privacy in mind, especially if it is located near other units. Use natural surroundings to create a peaceful and secluded feel.
- Family and Group Friendly: For properties catering to families or groups, include amenities like game rooms, home theaters, and spacious living areas to accommodate various needs.
Discovering Stowe, Vermont: Local Attractions and Insider Tips
Local Attractions
Outdoor Adventures
- Smugglers Notch State Park: Known for its breathtaking natural beauty, scenic drives, hiking, rock climbing, and camping. The park features a wheelchair-accessible boardwalk and is part of Vermont’s 272-mile Long Trail.
- Moss Glen Falls: A short walk to a stunning waterfall, accessible via boardwalks and maintained trails. Ideal for families and nature lovers.
- Stowe Mountain Resort: Offers 116 ski trails, scenic gondola rides, and an adventure center at the top of Mt. Mansfield, Vermont’s highest peak.
- Mansfield Auto Toll Road: A scenic drive up Mt. Mansfield, open from late spring to fall, perfect for picnics and taking in the views.
Cultural and Historical Sites
- Trapp Family Lodge: A historic lodge with Austrian-inspired architecture, offering tours and stays. Famous for its connection to the Von Trapp family of "The Sound of Music".
- Vermont Ski and Snowboard Museum: Explore Vermont’s ski and snowboard history, including the nation’s oldest organized ski patrol.
- Stowe Historical Society: Learn about Stowe’s history through exhibits and tours, including candlelit lantern tours of Stowe Village.
Arts and Entertainment
- Spruce Peak Performing Arts Center: A contemporary theatre hosting live music, lectures, and performances from around the world.
- Stowe Performing Arts: Offers live music performances in the meadow and downtown during the spring and summer.
- Stowe Theatre Guild: Local performers staging seasonal adaptations of classic and modern shows in the historic Town Hall Theatre.
- The Current: A gallery showcasing contemporary art from around the world, both indoors and outdoors in the town.
Family-Friendly Activities
- Percy Farm Corn Maze: A family-friendly corn maze with a small animal farm and scenic brook. Open in late summer and early fall.
- Stowe Recreation Path: A 5.3-mile paved path perfect for walking, biking, or e-biking, connecting Top Notch Resort to downtown Stowe.
Food and Drink
- Apple Cider Tasting: Visit local orchards like Cider Hollow Orchard for apple cider tasting, tours, and delicious apple cider donuts.
- Piecasso Pizza: Known for its excellent pizza, a must-visit for pizza lovers.
- Stowe Farmer's Market: A vibrant market on Sunday mornings featuring produce vendors, arts and crafts, food trucks, and musicians.
Insider Tips
Best Times to Visit
- September to February: Ideal for fall foliage and skiing. Summer is also popular for outdoor activities, while March to June are the quietest months but still beautiful.
Getting Around
- Stowe Recreation Path: Use this path for walking, biking, or e-biking to explore the town and its surroundings.
- Mountain Shuttle: Convenient for accessing various activities and attractions around Stowe.
Local Favorites
- Stowe Main Street: Stroll through the charming shops, restaurants, and visit the Stowe Visitor Center and Stowe Community Church.
- Ben & Jerry's Factory Tour: Located in nearby Waterbury, a fun tour for ice cream enthusiasts.
Seasonal Events
- Stowe Winter Carnival: Celebrate winter with snow sports, ice carvings, and hot cocoa in January.
By sharing these local attractions and insider tips, you can help your Airbnb guests make the most of their visit to Stowe, Vermont.
Practical Tips to Run a Successful Short-Term Rental Business in Stowe, Vermont
To ensure a smooth and enjoyable experience for both you and your guests in Stowe, Vermont, several practical tips can be implemented:
Noise Regulations and Quiet Hours
Inform your guests about the quiet hours and noise regulations in Stowe. Clearly state these rules in your listing and include them in both your digital and physical house manual. This helps in maintaining a respectful environment for neighbors and avoids any potential issues.
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 town's specific regulations, including fire safety rules and the requirement for a designated agent to respond to issues within 45 minutes.
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, and consider sending a welcome message with all the necessary details before their arrival.
Parking Instructions with Photos
Ensure that your guests know where to park by providing detailed parking instructions accompanied by photos. Since on-street parking is often restricted, make sure to highlight the available off-street parking options to avoid any confusion or fines.
By following these tips, you can enhance the guest experience, comply with local regulations, and maintain a successful short-term rental business in Stowe, Vermont.
Here is a brief list of house cleaning providers in Stowe, Vermont:
House Cleaning Services
Stowe Housekeeping Services
- Over 15 years of combined experience in commercial and residential cleaning
- Highly trained, courteous, and respectful staff
- Competitive pricing and flexible packages
- Special discounts for first-time customers and referrals
- Contact: Wendy at (802) 730-4812 or Ashlea at (802) 585-0440.
Stowe Country Homes Housekeeping
- Environmentally friendly cleaning products
- Bonded and insured staff
- Competitive hourly rates
- Organization services for closets and storage areas
- Special request cleanings with advance notice
- Contact: Reggie at 800-639-1990 ext. 105 or reggie@stowecountryhomes.com.
Cleaning Green Vermont
- Offers regular scheduled cleanings, deep cleans, and one-time cleanings
- Uses eco-friendly products while maintaining high standards of disinfection
- Serves Stowe and surrounding areas.
Care.com Listings
- Multiple individual cleaning services listed, starting at $27.00/hr
- Average experience of 3 years
- 34 cleaning ladies available in Stowe, VT.
Short-Term Rental Management Fees in Stowe, Vermont: A Range of Services and Costs
In Stowe, Vermont, managing short-term rentals can incur management fees that typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management companies, such as those offered by Ashley Management Group, Stowe Country Homes, and Awning, handle comprehensive tasks including guest communication, marketing, pricing optimization, and maintenance. These services usually come with higher fees, often starting at 15% to 20% of the revenue.
On the other hand, basic or half-service management options, like those from Evolve, may charge lower rates starting at around 10% but leave more of the operational responsibilities, such as cleaning and guest communication, to the property owner.
Additionally, property owners may incur extra fees for specific services like cleaning, repairs, or interior design, which can vary based on the provider and the needs of the property.