1 Vacation Property Managers in Bishop, CA 93514, USA

The Bishop, California Short-Term Rental Market

Bishop, California is a popular vacation destination located in the Eastern Sierra region, known for its stunning natural beauty, outdoor recreation opportunities, and vibrant small-town charm. As a result, the short-term rental market in Bishop has seen significant growth in recent years, with many property owners capitalizing on the demand for vacation rentals in the area.

Performance Benchmarks for Bishop Vacation Rental Managers

According to data from VRBO and Airbnb, the average daily rate for vacation rentals in Bishop is $250, with an average occupancy rate of 65%. This translates to an average annual revenue of $45,000 per property. The top-performing vacation rental managers in Bishop are able to achieve even higher occupancy rates and daily rates, with some properties generating over $75,000 in annual revenue.

When it comes to Airbnb performance, the average Bishop Airbnb listing has a 4.8-star rating and receives over 50 reviews. The top-performing Airbnb listings in Bishop can command nightly rates of $300 or more and maintain occupancy rates above 80%.

For VRBO, the average Bishop vacation rental listing has a 4.7-star rating and receives over 30 reviews. The highest-performing VRBO properties in Bishop can achieve nightly rates of $400 or more and maintain occupancy rates of 75% or higher. (For more detailed market data, please refer to the Market Overview section.)

How Competitive is the Bishop Property Management Market?

The Bishop short-term rental market is highly competitive, with a growing number of property management companies and individual owners vying for a share of the market. According to our research, there are currently over 20 active vacation rental management companies operating in the Bishop area, ranging from small, locally-owned firms to larger, regional players.

Key Players in the Bishop Rental Market

Some of the most prominent vacation rental management companies in Bishop include:

- Bishop Rental (www.bishoprental.com): One of the largest and most established property management firms in the area, with a portfolio of over 100 vacation rentals.

- Premier Property Management (www.premierpropertyrealestatemanagement.com): A full-service property management company that specializes in both residential and commercial rentals in the Bishop region.

- Awning (www.awning.com): A technology-driven vacation rental management platform that partners with local property owners in Bishop and the surrounding areas.

- GoSummer (www.gosummer.com): A regional vacation rental management company with a strong presence in the Bishop market, offering a range of services to property owners.

These companies, along with a number of smaller, independent property managers, compete for a share of the lucrative Bishop short-term rental market, offering a range of services to property owners, from listing management and marketing to maintenance and guest services.