5 Vacation Property Managers in Ocean Shores, WA, USA

About the Ocean Shores Short-Term Rental Market

Ocean Shores, a picturesque coastal town in Washington state, has emerged as a popular vacation destination for travelers seeking a serene and scenic getaway. The town's beautiful beaches, outdoor recreation opportunities, and charming local amenities have fueled a thriving short-term rental market, attracting both leisure and business travelers throughout the year.

According to industry data, the Ocean Shores vacation rental market has seen steady growth in recent years, with a diverse range of properties available for rent, from cozy cottages to luxurious beachfront homes. The town's proximity to major metropolitan areas, such as Seattle and Tacoma, has further contributed to its appeal as a convenient and desirable vacation spot for both local and out-of-state visitors.

Performance Benchmarks for Ocean Shores Vacation Rental Managers

The Ocean Shores vacation rental market has demonstrated strong performance metrics, with vacation rentals on platforms like Airbnb and VRBO averaging a 49% occupancy rate and a daily rate of $232. This has translated to an average monthly revenue of $25,949 per listing, indicating a healthy and lucrative market for property owners and vacation rental managers.

When comparing the performance of Airbnb and VRBO listings in Ocean Shores, the data shows that Airbnb properties have a slightly higher occupancy rate of 51%, while VRBO listings average a 47% occupancy rate. However, VRBO properties tend to command a higher average daily rate of $240, compared to $225 for Airbnb listings. For more detailed performance data and insights, please refer to the Ocean Shores Market Overview section.

How Competitive is the Ocean Shores Property Management Market?

The Ocean Shores vacation rental market is highly competitive, with a diverse array of property management companies vying for a share of the market. According to industry data, there are currently over 600 active short-term rental listings in the area, managed by a mix of large, established property management firms and smaller, independent operators.

The top property management companies in Ocean Shores, such as Oyhut Bay, At the Beach Rentals Inc., and Pike Group, have built strong reputations and sizable portfolios of managed properties. These companies often offer a comprehensive suite of services, including listing management, guest communication, housekeeping, and maintenance, to provide a seamless experience for both property owners and guests.

Smaller, independent property managers have also carved out their niche in the market, leveraging their local expertise and personalized service to attract and retain clients. The competitive landscape in Ocean Shores has driven property managers to continuously improve their offerings, invest in technology, and enhance the overall guest experience to stay ahead of the curve.

Key Players in the Ocean Shores Rental Market

The Ocean Shores vacation rental market is dominated by several key players, each with their own unique strengths and specialties. Some of the most prominent property management companies in the area include:

Oyhut Bay: With a portfolio of 73 managed properties, Oyhut Bay is one of the largest vacation rental management companies in Ocean Shores. The company boasts an average review score of 4.88 and has experienced a 0.2% increase in listings over the past year.

At the Beach Rentals Inc.: A well-established local property management firm, At the Beach Rentals Inc. manages 57 vacation rentals in Ocean Shores. The company has a strong reputation, with an average review score of 4.76 and a slight decrease of 0.1% in listings over the past year.

Pike Group: This property management company oversees 26 vacation rentals in Ocean Shores, with an average review score of 4.75 and a 0.1% increase in listings over the past year.

Other notable players in the Ocean Shores vacation rental market include Vortex Managers, Evolve, and a number of smaller, independent operators. These companies offer a diverse range of services and cater to the unique needs of both property owners and guests in the area.