Market Leaders
Carmel by the Sea
Carmel-by-the-Sea
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Carmel-by-the-Sea, located on the central California coast, is a highly desirable vacation destination known for its picturesque village, stunning natural scenery, and world-class dining and shopping. As a result, the short-term rental market in Carmel is highly competitive, with a wide range of luxury vacation homes, cottages, and condos available for visitors.
The Carmel vacation rental market is characterized by strong demand and high occupancy rates. According to data from VRBO and Airbnb, the average daily rate for vacation rentals in Carmel is $400-$600, with occupancy rates often exceeding 80% during peak seasons.
Vacation rental managers in Carmel must be able to effectively market their properties, provide exceptional guest experiences, and maintain high standards of cleanliness and maintenance to remain competitive. Top-performing managers often achieve average annual revenues of $50,000-$100,000 per property, with some high-end luxury homes generating over $200,000 in annual revenue.
The Carmel vacation rental market is highly competitive, with a large number of property management companies and individual owners vying for a share of the market. Top-performing managers often have extensive local knowledge, strong relationships with homeowners, and a proven track record of delivering exceptional guest experiences.
Some of the key players in the Carmel vacation rental market include Sanctuary Vacation Rentals, Carmel Realty Company, Vintage Property Management, Pine Cone Rentals, and Carmel Getaways. These companies offer a wide range of properties, from cozy cottages to luxurious estates, and provide comprehensive property management services to homeowners.