RedAwning's VP of Market Development, Johnathan Robinson, said:
"Impressive short term rental growth in Southeastern Beach markets is exceeding investor expectations. Vacation homeowners, managers and investors entering this space can refer to our market report to stay on top of consumer trends and insights on competitor incomes and rate strategies in these beach regions."
The market report shows how each of the top 25 beach towns ranks against one another in terms of size, listing growth, average daily rates, and average monthly revenues growth and more, with some regions seeing up to 60% average monthly revenue growth rates and 58% occupancy rates. The report also reveals 15% listings growth YOY in top beach towns with average daily rates in select markets exceeding $400 per night.
"RedAwning partners based in one of the top 25 southeastern beach markets are well-positioned to take on this burgeoning market. RedAwning distributes listings on every major online travel channel, including HomeAway, Airbnb, Booking.com and Google, plus additional unique (and exclusive) channels like RedAwning.com, RedAwning Travel Pro and Vacation Rentals by Choice."
RedAwning has been a leading innovator in the vacation rental industry since 2010. With a mission to redefine the customer journey for guests, hosts and managers, RedAwning drives new approaches for owners, property managers and guests that make the booking experience more consistent, easier, and safer.
RedAwning's Complete Solution for property owners includes: