Myrtle Beach, South Carolina, is a thriving vacation rental market, thanks to its status as a premier coastal destination. The city's 60-mile string of beaches, championship golf courses, and a variety of entertainment options attract a diverse range of tourists year-round. The peak season, however, is during the summer months when families, golfers, and beach enthusiasts flock to the area. The off-season, primarily the winter months, still sees a steady flow of visitors, particularly snowbirds escaping colder climates. The market is competitive, with a mix of condos, beach houses, and luxury apartments, but the consistent demand provides ample opportunity for savvy Airbnb hosts. The city's ongoing efforts to enhance tourism infrastructure, including the Myrtle Beach Boardwalk and the SkyWheel, further bolster the potential for rental income.
In Myrtle Beach, South Carolina, the Airbnb market experiences significant seasonality, largely driven by the area's popularity as a summer vacation destination. The peak season typically begins in late May and extends through early September, coinciding with the warmest weather and school vacations. During this period, demand for short-term rentals increases dramatically, often leading to higher rental rates and occupancy levels. Conversely, the off-peak season, which spans from late fall to early spring, sees a decrease in tourism and subsequently, a drop in rental demand. However, events such as golf tournaments, conventions, and festivals can provide opportunities for increased bookings during these quieter months. Understanding these seasonal trends is crucial for maximizing rental income and occupancy rates in the Myrtle Beach market.
In Myrtle Beach, South Carolina, Airbnb hosts must be aware of and comply with a variety of local regulations. The city requires all short-term rental properties to have a business license, which must be renewed annually. Additionally, hosts are required to collect and remit a 12% accommodation tax on all bookings, which includes a 3% city tax and a 9% state tax. There are also zoning regulations to consider, as short-term rentals are not permitted in all areas of the city. For instance, in certain residential zones, rentals are limited to weekly stays. Furthermore, the city has strict noise and parking regulations that hosts must enforce with their guests. Non-compliance with these regulations can result in hefty fines and potential revocation of the business license.
Managing Airbnb properties in Myrtle Beach, South Carolina, requires a keen understanding of the seasonal fluctuations in the tourism market. The summer months bring a surge in demand, necessitating efficient turnover processes and robust maintenance plans to handle the increased wear and tear. Conversely, the off-peak season can present challenges in maintaining occupancy rates, making dynamic pricing strategies crucial. It's also important to anticipate and address common guest concerns, such as hurricane preparedness, to ensure a positive guest experience. Regular communication with local cleaning services, maintenance crews, and other vendors is key to ensuring smooth operations.
In Myrtle Beach, South Carolina, properties that offer beachfront views and easy access to the ocean are highly sought after by guests. Amenities such as private pools, outdoor grilling areas, and spacious patios for alfresco dining are also in high demand, providing a unique, coastal living experience. Given the city's reputation as a golfing paradise, properties near golf courses or those offering golf packages are also attractive to a significant segment of visitors. Additionally, with the city's vibrant nightlife and entertainment scene, properties in close proximity to popular attractions like Broadway at the Beach, the SkyWheel, or the Myrtle Beach Boardwalk tend to have higher occupancy rates. Therefore, investing in these amenities and location attributes can significantly enhance the appeal of a property in this market.
Myrtle Beach, South Carolina, is a thriving vacation rental market, thanks to its status as a premier coastal destination. The city's 60-mile string of beaches, championship golf courses, and a variety of entertainment options attract a diverse range of tourists year-round. The peak season, however, is during the summer months when families, golfers, and beach enthusiasts flock to the area. The off-season, primarily the winter months, still sees a steady flow of visitors, particularly snowbirds escaping colder climates. The market is competitive, with a mix of condos, beach houses, and luxury apartments, but the consistent demand provides ample opportunity for savvy Airbnb hosts. The city's ongoing efforts to enhance tourism infrastructure, including the Myrtle Beach Boardwalk and the SkyWheel, further bolster the potential for rental income.
In Myrtle Beach, South Carolina, the Airbnb market experiences significant seasonality, largely driven by the area's popularity as a summer vacation destination. The peak season typically begins in late May and extends through early September, coinciding with the warmest weather and school vacations. During this period, demand for short-term rentals increases dramatically, often leading to higher rental rates and occupancy levels. Conversely, the off-peak season, which spans from late fall to early spring, sees a decrease in tourism and subsequently, a drop in rental demand. However, events such as golf tournaments, conventions, and festivals can provide opportunities for increased bookings during these quieter months. Understanding these seasonal trends is crucial for maximizing rental income and occupancy rates in the Myrtle Beach market.
In Myrtle Beach, South Carolina, Airbnb hosts must be aware of and comply with a variety of local regulations. The city requires all short-term rental properties to have a business license, which must be renewed annually. Additionally, hosts are required to collect and remit a 12% accommodation tax on all bookings, which includes a 3% city tax and a 9% state tax. There are also zoning regulations to consider, as short-term rentals are not permitted in all areas of the city. For instance, in certain residential zones, rentals are limited to weekly stays. Furthermore, the city has strict noise and parking regulations that hosts must enforce with their guests. Non-compliance with these regulations can result in hefty fines and potential revocation of the business license.
Managing Airbnb properties in Myrtle Beach, South Carolina, requires a keen understanding of the seasonal fluctuations in the tourism market. The summer months bring a surge in demand, necessitating efficient turnover processes and robust maintenance plans to handle the increased wear and tear. Conversely, the off-peak season can present challenges in maintaining occupancy rates, making dynamic pricing strategies crucial. It's also important to anticipate and address common guest concerns, such as hurricane preparedness, to ensure a positive guest experience. Regular communication with local cleaning services, maintenance crews, and other vendors is key to ensuring smooth operations.
In Myrtle Beach, South Carolina, properties that offer beachfront views and easy access to the ocean are highly sought after by guests. Amenities such as private pools, outdoor grilling areas, and spacious patios for alfresco dining are also in high demand, providing a unique, coastal living experience. Given the city's reputation as a golfing paradise, properties near golf courses or those offering golf packages are also attractive to a significant segment of visitors. Additionally, with the city's vibrant nightlife and entertainment scene, properties in close proximity to popular attractions like Broadway at the Beach, the SkyWheel, or the Myrtle Beach Boardwalk tend to have higher occupancy rates. Therefore, investing in these amenities and location attributes can significantly enhance the appeal of a property in this market.
With the right vacation rental property manager, your home is in good hands.
They'll handle the bookings, guests, pricing updates, and day-to-day operations while you enjoy stress-free earnings and more time for what matters most.
Each home and host is different. The best property managers work with you to find the services and support that make sense.
Your investment is important. Our partners have proven they can substantially increase revenue on properties over market averages.
The best property managers use data to make smart decisions, and technology to create seamless guest experiences.
We partner with property managers with Superhost status and high guest ratings, so guests always know what to expect.
Your property is not beating market averages, getting enough bookings, or does not have visibility across the major rental platforms.
Our preferred managers build personal relationships with all of their owners and care about each property like it's their own.
Whether you're down the street or a flight away, dealing with guest inquiries, cleaning, and everything in between is too time consuming and challenging.
Vacation rental property management is a service provider that maintains and improves a vacation rental on behalf of owners. They manage the ongoing operation, marketing, maintenance, and promotion of a vacation rental, short-term rental, or Airbnb property.
Most managers offer partial or complete end-to-end management of vacation rental properties. Complete management includes all aspects of home maintenance, cleaning, guest and host communications, and marketing, pricing, and promotion of your property. In addition to these services, Summer connects owners and hosts with professional design and investing services for their vacation home.
Absolutely! Many property managers do onboard homes that were recently purchased or are being converted into vacation rentals. The best teams will provide advice, guidance, and services to help your home prepare for its short-term rental launch.
The onboarding process usually takes 2-4 weeks. This gives the manager and owner ample time to inspect the property, get it ready for guests, and get the listing live. In the event that owners need additional time to furnish or otherwise improve the property, the onboarding process can be extended.
Yes, most managers provide a smart lock. This helps them operate the home and seamlessly let guests in. While there is some upfront expense associated with the lock and some additional time to set it up, there’s nothing worse than a guest not being able to access the property when they arrive.
In most cases, your manager will hire a professional photographer to do a shoot at the home. This happens after the home is both cleaned and staged for photography. This helps the home stand out on vacation rental booking sites and results in better bookings overall. If you have really high-quality photos already, you can skip this step in the onboarding process.
Professional managers put a number of security measures in place at the home to monitor noise and avoid unwanted guests in the property. Most also have built-in procedures for resolving any immediate guest issues involving parties, extra guests, and anything else in violation of the booking and local laws and requirements.