Market Leaders
Boca Raton
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Manages 9 properties, 0 in Boca-raton
Headquarters Fort Lauderdale, Florida
Employees 1
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Talk To An AdvisorBoca Raton, Florida has long been a popular vacation destination, known for its pristine beaches, upscale shopping, and vibrant dining scene. As a result, the city's short-term rental market has experienced significant growth in recent years, with more and more property owners capitalizing on the demand for vacation accommodations.
Located just 43 miles north of Miami, Boca Raton is part of the larger Miami metropolitan area, which had a population of over 6 million as of 2015. The city itself is home to around 93,000 residents, but its daytime population swells as it serves as a business center for the region. This influx of visitors, both leisure and business travelers, has fueled the rise of the short-term rental industry in Boca Raton.
According to data from vacation rental platforms like Airbnb and VRBO, Boca Raton's short-term rental market has seen impressive performance in recent years. The average daily rate (ADR) for Boca Raton vacation rentals on Airbnb is currently $200, with an occupancy rate of around 70%. On VRBO, the average nightly rate is $250, and occupancy hovers near 75%.
These strong performance metrics indicate that there is significant demand for vacation rentals in Boca Raton, making it an attractive market for property owners and vacation rental management companies. (For more detailed information on the Boca Raton short-term rental market, please refer to the Market Overview section.)
The Boca Raton vacation rental management market is highly competitive, with a number of established players vying for a share of the lucrative short-term rental business. Some of the key players in the market include:
Home Property Management is a long-standing property management company that has been serving the Boca Raton and greater Palm Beach County area since 1985. With a focus on both long-term and short-term rentals, Home Property Management offers a full suite of services, including tenant screening, maintenance coordination, and 24/7 emergency support.
Dolce Vita Management is a boutique vacation rental management company that specializes in high-end properties in Boca Raton and the surrounding region. The company prides itself on providing a personalized, concierge-level service to its clients and guests.
Guestable is a technology-driven property management company that leverages data and automation to optimize the performance of its clients' vacation rentals. With a strong presence in Boca Raton, Guestable offers a range of services, from dynamic pricing to smart home integration.
These are just a few of the key players in the Boca Raton vacation rental management market, which also includes smaller, independent operators and larger, national brands. The competition in this space is fierce, underscoring the importance of partnering with an experienced and reputable management company to ensure the success of your short-term rental investment.