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The 2017 Rented Report
agendaWho I Am
About Rented.comThe Rented Report
Top MarketsFindings
ConclusionQ&A
Andrew McConnellCo-Founder & CEO,@MAMcConnell
REAL ESTATE PRICES
PROPERTY TAXES
INSURANCE PRICES
AVG OCCUPANCY
AVG NIGHTLY RATES
STR LEGALITY
MANAGEMENT DEMAND
costs of owning a home
short-term rental potential
MAINTENANCE COSTS
The growth of Airbnb is changing short-term rental demand.
1 in 5U.S. travelers used “alternative” lodging in 2015, up from fewer than 1 in 10 in 2010
Nashville was ranked the best place to invest in a short-term rental.
201720161. Panama City Beach, FL 94.50
2. Gatlinburg, TN 93.60
3. Galveston, TX 91.80
4. Palm Coast, FL 90.70
5. Savannah, GA 87.90
6. Kissimmee, FL 87.20
7. Snowshoe, WV 85.70
8. Daytona Beach, FL 85.20
9. Fort Myers, FL 83.80
10. Los Angeles, CA 81.30
1. Nashville, TN 94.87
2. Destin, FL 93.74
3. Corpus Christi, TX 93.00
4. Denver, CO 89.74
5. Clearwater Beach, FL 87.75
6. Palm Springs, CA 87.58
7. Panama City Beach, FL 87.54
8. Atlanta, GA 87.18
9. Pigeon Forge, TN 86.67
10. Gatlinburg, TN 86.33
Urban markets are quickly rising to the top.
34%of stays in 2016 were in city destinations,
compared to 13% in 2012
55%of Airbnb travelers visited urban
destinations
1. Nashville, TN 94.872. Denver, CO 89.743. Atlanta, GA 87.184. Dallas, TX 84.625. Austin, TX 82.056. Chicago, IL 79.497. Charleston, SC 78.218. Savannah, GA 76.929. Kansas City, MI 75.9110. Phoenix, AZ 74.36
top urban
1. Destin, FL 93.742. Corpus Christi, TX 93.003. Clearwater Beach, FL 87.754. Palm Springs, CA 87.585. Panama City Beach, FL 87.546. Pigeon Forge, TN 86.677. Gatlinburg, TN 86.338. Santa Rosa Beach, FL 81.679. Siesta Key, FL 80.0010. Fort Myers, FL 78.22
top vr
Florida has 6 of the top 10 top vacation rental destinations.
93%percentage of Floridians that believe
travelers should be able to rent accommodations other than hotels
bottom vr
1. Sun Valley, ID 9.272. Telluride, CO 9.653. Nantucket, MA 10.774. Martha’s Vineyard, MA 15.235. Stowe, VT 15.236. Coeur d'Alene, ID 17.067. Silverthorne, CO 17.208. Napa, CA 17.269. Big Bear Lake, CA 19.0010. Keystone, CO 19.49
1. Palo Alto, CA 8.382. San Francisco, CA 13.633. Santa Fe, NM 15.204. Wichita, KS 17.505. New York City, NY 17.896. Oklahoma City, OK 19.877. Alexandria, VA 23.188. Arlington, TX 23.439. Huntsville, AL 24.7810. Omaha, NE 24.81
bottom urban
Year-round demand is ideal for short-term rental investors.
A harsh regulatory environment will affect rental ROI.
conclusion
q&a
Rented.com/125-best-places-to-buy-vacation-rental-property-2017