Travel Guide: for "Vacation Rental Property Manager Guide"

With an average annual revenue of $56,000, short-term rental properties (STRs) are the new frontier in the real estate sector. Changing dynamics in the workplace environment are partly responsible for the surging popularity of vacation rental. Working remotely enables people to travel more, creating a demand for vacation rentals. A recent analysis by AirDNA, a rental analytics company, predicts the vacation rental occupancy will grow by 15% in 2022.  The timing is right if you wish to enter vacation rental space and earn up to $250 a night with a short-term rental property. Dig in as we detail what it takes to thrive as a vacation rental property manager.