4 Vacation Property Managers in Prescott Valley, AZ, USA

About the Prescott Valley Short-Term Rental Market

Prescott Valley, Arizona has emerged as a popular destination for short-term vacation rentals in recent years. Located just a short drive from the charming city of Prescott, Prescott Valley offers visitors a picturesque mountain setting, mild climate, and easy access to a wealth of outdoor recreation opportunities. This has driven strong demand for vacation rental properties in the area, with many homeowners capitalizing on the lucrative short-term rental market.

Performance Benchmarks for Prescott Valley Vacation Rental Managers

According to data from vacation rental platforms like VRBO and Airbnb, Prescott Valley vacation rentals have seen impressive performance in recent years. The average occupancy rate for Prescott Valley short-term rentals is around 70%, significantly higher than the national average of 55%. Additionally, the average nightly rate for Prescott Valley vacation rentals is $250, well above the national average of $150 per night.

This strong demand and pricing power has made Prescott Valley an attractive market for vacation rental managers. Top-performing property management companies in the area are able to generate annual revenues of $50,000 or more per rental property, with some of the most successful managers achieving revenues of $100,000 or more. (For more details on the Prescott Valley vacation rental market, see the Market Overview section.)

How Competitive is the Prescott Valley Property Management Market?

The Prescott Valley vacation rental market is highly competitive, with a growing number of property management companies vying for a share of this lucrative industry. According to our research, there are currently over 20 vacation rental management firms operating in the Prescott Valley area, ranging from small, locally-owned businesses to larger, national brands.

This competitive landscape has driven property managers to differentiate their services and offerings in order to attract and retain clients. Many firms have invested heavily in marketing, technology, and customer service to provide a superior experience for both rental property owners and guests. Additionally, some managers have specialized in niche segments of the market, such as luxury rentals or pet-friendly properties, to carve out a unique position.

Key Players in the Prescott Valley Rental Market

Some of the leading vacation rental management companies in the Prescott Valley area include:

• PMI Northern Arizona - A full-service property management firm offering a range of residential, commercial, and short-term rental services.
• Gathering Places - A boutique vacation rental management company specializing in Airbnb and VRBO properties in the Prescott area.
• TNT Prescott - A locally-owned property management firm with a focus on short-term rentals and vacation homes.
• Go Summer - A national vacation rental management company with a strong presence in the Prescott Valley market.
• Awning - A technology-driven property management platform serving vacation rental owners in Prescott Valley and beyond.

These are just a few of the key players in the Prescott Valley vacation rental management landscape. As the market continues to grow, we expect to see increased competition and innovation from both established firms and new entrants.