Market Leaders
Carmel by the Sea
Carmel-by-the-Sea
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Carmel-by-the-Sea, a picturesque coastal town in California, has long been a popular destination for vacationers seeking a charming and relaxing getaway. With its quaint streets, stunning beaches, and world-class dining and shopping, it's no wonder that the short-term rental market in Carmel has seen significant growth in recent years. As a premier vacation destination, Carmel-by-the-Sea offers a unique blend of natural beauty, cultural attractions, and luxury accommodations that cater to a wide range of travelers. From cozy cottages to grand estates, the town's vacation rental market provides a diverse range of options for those looking to experience the magic of this enchanting locale.
The Carmel-by-the-Sea vacation rental market is highly competitive, with a range of professional property management companies vying for a share of the lucrative short-term rental industry. According to data from Comparent, the average daily rate (ADR) for Carmel-by-the-Sea vacation rentals is $500, with an occupancy rate of 75%. This translates to an average revenue per available rental (RevPAR) of $375 per night.
When it comes to online platforms, Carmel-by-the-Sea vacation rentals have a strong presence on both VRBO and Airbnb. On VRBO, the average listing has a rating of 4.8 out of 5 stars, with an average of 25 reviews. On Airbnb, the average rating for Carmel-by-the-Sea listings is 4.9 out of 5 stars, with an average of 50 reviews. These high ratings and positive reviews demonstrate the quality of the vacation rental experience in Carmel-by-the-Sea and the dedication of the property management companies in the area.
The Carmel-by-the-Sea vacation rental market is highly competitive, with a range of professional property management companies vying for a share of the lucrative short-term rental industry. According to Comparent's market analysis, there are over 20 active property management companies operating in the Carmel-by-the-Sea area, each offering a unique set of services and amenities to attract and retain vacation rental guests.
Sanctuary Vacation Rentals is a leading property management company in Carmel-by-the-Sea, offering a curated selection of luxury vacation rentals throughout the Monterey Peninsula. With a focus on exceptional guest experiences and a commitment to sustainability, Sanctuary Vacation Rentals has established a strong reputation in the local market.
PineCone Properties is a locally owned and operated property management company that has been serving the Carmel-by-the-Sea area for over 30 years. Known for their attention to detail and personalized service, PineCone Properties manages a diverse portfolio of vacation rentals, from cozy cottages to grand estates.
Carmel Realty Company is a full-service real estate and vacation rental management firm that has been a fixture in the Carmel-by-the-Sea community for decades. With a deep understanding of the local market and a commitment to exceptional customer service, Carmel Realty Company is a trusted name in the vacation rental industry.
Monterey Rentals is a property management company that specializes in vacation rentals throughout the Monterey Peninsula, including Carmel-by-the-Sea. With a focus on quality, convenience, and customer satisfaction, Monterey Rentals has established a strong presence in the local market.
Carmel Vacation Property Management is a boutique property management company that offers a personalized approach to vacation rental management in Carmel-by-the-Sea. With a commitment to exceptional service and a deep understanding of the local market, Carmel Vacation Property Management has earned a reputation for excellence in the industry.
These are just a few of the key players in the Carmel-by-the-Sea vacation rental market, each offering a unique set of services and amenities to attract and retain vacation rental guests. For a more comprehensive overview of the market, please refer to the Market Overview section.