4 Vacation Property Managers in Wolfeboro, NH 03894, USA

About the Wolfeboro Short-Term Rental Market

Wolfeboro, New Hampshire is a picturesque lakeside town that has become an increasingly popular destination for vacation rentals and short-term stays. Situated on the shores of Lake Winnipesaukee, Wolfeboro offers visitors a serene and charming getaway, with a quaint downtown, boutique shops, and a wealth of outdoor activities. The short-term rental market in Wolfeboro has seen significant growth in recent years, driven by the town's natural beauty, proximity to major Northeast markets, and the increasing popularity of platforms like Airbnb and VRBO. According to data from AirDNA, a leading short-term rental analytics firm, the number of active short-term rental listings in Wolfeboro has increased by over 30% in the past 3 years, with the majority of these listings being entire home/apartment rentals.

Performance Benchmarks for Wolfeboro Vacation Rental Managers

The performance of vacation rental properties in Wolfeboro is strong, with high occupancy rates and nightly rates that outpace many other New Hampshire markets. AirDNA data shows that the average occupancy rate for Airbnb listings in Wolfeboro is around 65%, with an average daily rate of $250. On VRBO, the average occupancy rate is slightly lower at 60%, but the average nightly rate is higher at $300. These performance metrics highlight the demand for short-term rentals in Wolfeboro and the potential for vacation rental managers to generate significant revenue. However, it's important to note that these figures can vary widely depending on factors such as property size, amenities, location, and management expertise.

How Competitive is the Wolfeboro Property Management Market?

The Wolfeboro property management market is relatively competitive, with a mix of local and national companies vying for a share of the growing short-term rental market. Some of the key players in the market include Yankee Pedlar Realtors, Awning, and RedAwning, all of which offer full-service vacation rental management services. Yankee Pedlar Realtors is a local, independent property management company based in Wolfeboro that has been serving the area for decades. They offer a range of services, including marketing, booking management, cleaning, and maintenance. Awning, on the other hand, is a national vacation rental management company that has a strong presence in Wolfeboro, offering a technology-driven approach to property management. RedAwning is another national player that provides a more hands-off, "half-service" management solution for vacation rental owners. In addition to these larger players, there are also several smaller, independent property management companies and individual property owners who manage their own short-term rentals in Wolfeboro. This level of competition can make it challenging for property owners to choose the right management partner, but it also means that they have a range of options to consider.

Key Players in the Wolfeboro Rental Market

As mentioned, the key players in the Wolfeboro vacation rental management market include: - Yankee Pedlar Realtors: A local, independent property management company based in Wolfeboro, offering a full range of services. - Awning: A national vacation rental management company with a strong presence in Wolfeboro, known for its technology-driven approach. - RedAwning: A national "half-service" property management company that provides a more hands-off solution for vacation rental owners. In addition to these larger players, there are also several smaller, independent property management companies and individual property owners who manage their own short-term rentals in Wolfeboro. For more detailed information on the Wolfeboro short-term rental market, including performance data and a comprehensive overview of the local vacation rental landscape, please refer to the [Market Overview] section of this website.