6 Vacation Property Managers in Ketchum, ID, USA

About the Ketchum Short-Term Rental Market

Ketchum, Idaho is a premier destination in the Sun Valley region, known for its world-class skiing, stunning natural beauty, and vibrant outdoor lifestyle. As a popular vacation spot, the Ketchum short-term rental market has seen significant growth in recent years, with an increasing number of visitors seeking to experience the area's unique charms through vacation rentals.

The Ketchum short-term rental market is characterized by a mix of luxury homes, condos, and apartments, catering to a diverse range of travelers. From ski-in/ski-out properties near the slopes to cozy cabins nestled in the mountains, Ketchum offers a wide variety of vacation rental options to suit every preference and budget.

Performance Benchmarks for Ketchum Vacation Rental Managers

According to industry data, the Ketchum vacation rental market has consistently outperformed national averages in key metrics such as occupancy rates, average daily rates (ADR), and revenue per available rental (RevPAR). In 2023, the average occupancy rate for Ketchum vacation rentals was 78%, compared to the national average of 65%. The average ADR was $450, while the national average was $300, and the average RevPAR was $351, significantly higher than the national average of $195. (For more detailed market overview information, please refer to the Market Overview section.)

These strong performance indicators highlight the robust demand for vacation rentals in Ketchum, making it an attractive market for property owners and vacation rental management companies. Effective property management is crucial to maximizing the potential of Ketchum's short-term rental market, ensuring high occupancy rates, competitive pricing, and exceptional guest experiences.

How Competitive is the Ketchum Property Management Market?

The Ketchum property management market is highly competitive, with a diverse array of local and regional companies vying for a share of the lucrative vacation rental market. These companies offer a range of services, from full-service property management to specialized services such as marketing, housekeeping, and maintenance.

Some of the key players in the Ketchum vacation rental management market include Michael's Vacation Rentals, Abode Sun Valley, Mountain Lifestyles Property Services, and Awning. These companies have established strong reputations in the local market, leveraging their deep knowledge of the area, extensive networks, and proven track records of success.

To stand out in this competitive landscape, vacation rental management companies in Ketchum must offer a comprehensive suite of services, utilize cutting-edge technology and data-driven strategies, and provide exceptional customer service to both property owners and guests. Maintaining a strong online presence, optimizing for search engines, and building a positive reputation through reviews and referrals are also crucial for success in the Ketchum vacation rental market.