Market Leaders
Old Orchard Beach
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Scarborough
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Talk To An AdvisorScarborough, Maine is a picturesque coastal town that has become an increasingly popular destination for vacation rentals and short-term stays. Located just south of Portland, Scarborough offers visitors easy access to the stunning beaches, nature preserves, and charming small-town atmosphere that draw tourists to Maine's southern coast. With its proximity to major attractions like Scarborough Beach State Park and Higgins Beach, as well as a thriving local dining and shopping scene, Scarborough has emerged as a prime location for vacation rentals and Airbnb properties.
The vacation rental market in Scarborough is highly competitive, with property owners and managers vying for a share of the lucrative summer tourism season. According to data from Airbnb, the average daily rate for Scarborough vacation rentals is $250, with occupancy rates reaching as high as 90% during the peak summer months. VRBO data shows similar trends, with Scarborough properties commanding an average nightly rate of $300 and maintaining occupancy levels above 80% throughout the summer.
These strong performance metrics highlight the potential for vacation rental owners in Scarborough to generate significant income, but also underscore the importance of effective property management. Successful Scarborough vacation rental managers are able to optimize pricing, streamline operations, and provide exceptional guest experiences to maximize revenue and occupancy rates. (For a more detailed overview of the Scarborough vacation rental market, please refer to the Market Overview section.)
The Scarborough vacation rental market is highly competitive, with a growing number of property management companies vying for a share of the lucrative short-term rental industry. Some of the key players in the Scarborough rental market include established firms like Southern Maine Host, Awning, and Higgins Beach Maine, as well as smaller, locally-focused operators.
These property management companies offer a range of services, from listing and marketing properties on platforms like Airbnb and VRBO, to handling guest communication, cleaning, and maintenance. The most successful Scarborough property managers are able to leverage their local expertise, data-driven pricing strategies, and exceptional customer service to attract and retain both property owners and guests.
With the continued growth of the short-term rental market in Scarborough, the competition among property management companies is expected to intensify. Property owners looking to maximize the returns on their vacation rentals will need to carefully evaluate the capabilities and track records of different management providers to find the best fit for their needs.
Some of the leading vacation rental management companies serving the Scarborough, Maine market include: