Market Leaders
Berkeley Springs
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Headquarters Berkeley Springs, West Virginia
Berkeley Springs, West Virginia, is a unique Airbnb and VRBO market, characterized by its rich history, natural beauty, and vibrant arts scene. Located in the Eastern Panhandle of West Virginia, this charming town has become a popular destination for travelers seeking a peaceful getaway, outdoor adventures, and cultural experiences. In recent years, the short-term rental market in Berkeley Springs has experienced significant growth, with an increasing number of property owners offering their homes and vacation properties as vacation rentals.
According to the data from AirDNA, the leading provider of short-term rental market data, Berkeley Springs short-term rentals on Airbnb and VRBO average a 45% occupancy rate, a $250 daily rate, and $29,899 in monthly revenue. [1] This data highlights the strong performance of vacation rentals in the area, making it an attractive market for property owners and vacation rental managers.
The Market Overview section provides more detailed performance data, including information on the number of active listings, the distribution of listings by bedroom count, and the impact of various amenities on rental revenue. [1]
The Berkeley Springs short-term rental market is highly competitive, with 307 active listings on Airbnb and VRBO as of the latest data. [1] The market has seen a 3% increase in the number of active listings over the past year, indicating a growing demand for vacation rentals in the area. [1]
This level of competition among vacation rental managers in Berkeley Springs highlights the importance of providing exceptional service, effective marketing, and a well-maintained property to stand out in the market and attract guests.
The Berkeley Springs vacation rental market is dominated by several key players, including Berkeley Springs Cottage Rentals, Mountainside Getaways, and Evolve. [1,2,3]
Berkeley Springs Cottage Rentals is a leading vacation rental management company in the area, offering a range of services, including property management, real estate, and extended stay options. [2] Mountainside Getaways is another prominent player, providing vacation rental management, maintenance, and housekeeping services to property owners. [3] Evolve, a national vacation rental management company, also has a presence in the Berkeley Springs market, offering marketing and booking services to property owners. [1]
These and other vacation rental management companies in Berkeley Springs play a crucial role in supporting the growth and success of the short-term rental market in the area.