Market Leaders
Isle of Palms
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Headquarters Los Angeles, California
Employees 275
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Manages 154 properties, 7 in Isle-of-palms
Headquarters South Carolina
Employees 23
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Manages 110 properties, 79 in Isle-of-palms
Headquarters Mount Pleasant, South Carolina
Employees 15
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The Isle of Palms, located just a short drive from Charleston, South Carolina, has long been a popular vacation destination for both domestic and international travelers. With its pristine beaches, lush coastal landscapes, and array of outdoor activities, the island has seen a steady increase in demand for short-term vacation rentals in recent years. As more visitors seek the comforts of home combined with the amenities of a resort, the Isle of Palms short-term rental market has become highly competitive, attracting a diverse range of property management companies to cater to this growing segment.
According to the market overview data, the Isle of Palms vacation rental market has seen impressive performance metrics across popular platforms like VRBO and Airbnb. On VRBO, the average occupancy rate for Isle of Palms rentals is 65%, with an average nightly rate of $350. This translates to an average annual revenue of $75,000 per property. On Airbnb, the average occupancy rate is slightly lower at 60%, but the average nightly rate is higher at $400, resulting in an average annual revenue of $80,000 per property. These figures highlight the strong demand and revenue potential for vacation rental managers operating in the Isle of Palms market. (For more detailed market insights, please refer to the Market Overview section.)
The Isle of Palms property management market is highly competitive, with a growing number of companies vying for a share of the lucrative vacation rental industry. According to the market data, there are currently six major property management companies operating in the Isle of Palms area, each offering a range of services and amenities to attract both property owners and guests. Factors contributing to the competitiveness of the market include the island's popularity as a vacation destination, the increasing demand for short-term rentals, and the need for specialized expertise in areas such as marketing, guest services, and property maintenance.
The Isle of Palms vacation rental market is dominated by several well-established property management companies, each with its own unique approach and service offerings. Some of the key players in the market include:
Island Realty is the oldest family-owned and operated property management company on the Isle of Palms, with over 40 years of experience in the industry. They offer a comprehensive suite of services, including vacation rental management, long-term rental management, and homeowners association (HOA) management, catering to a diverse range of property owners and guests.
Exclusive Properties is a family-owned property management company that specializes in luxury vacation rentals on the Isle of Palms. They pride themselves on their high-touch, customizable solutions that aim to drive above-market revenues for their clients while providing exceptional guest experiences.
Lowcountry Vacation Properties is a local property management company that has been serving the Isle of Palms and surrounding areas for over a decade. They offer a range of services, including vacation rental management, long-term rentals, and property monitoring, with a focus on personalized attention and attention to detail.
AvantStay is a national vacation rental management company that has expanded its operations to the Isle of Palms market. They offer a diverse portfolio of premier vacation rental properties and a technology-driven approach to property management, catering to both property owners and guests.
East Island Rentals is a boutique property management company that specializes in Isle of Palms vacation rentals. They pride themselves on their local expertise, personalized service, and commitment to maintaining the highest standards of cleanliness and guest satisfaction.