HomeMy WebLinkAbout02. STR Revenue TrackingShort Term Rentals by Category Compliance
Condo properties make up nearly 80% of short term rentals Out of a total of 2,642 estimated rental by owner units, 89% are
registered or in process with the town
Registrations by Neighborhood
Short Term Rentals generated $41.1M gross lodging sales
in 2018, with 45% in Vail Village, 16% in Lionshead and 12% in other areas
Short Term Rental units comprise 17.5% of the market in gross sales 60% of rentals are located within commerial "core" areas
such as Lionshead and Vail Village
Rentals by Neighborhood and # Bedrooms Rentals by Type and # Bedrooms
https://www.vailgov.com/short-term-rentals
Town of Vail Short Term Rental Report Oct 2019
Gross Sales
$9.7
$1.9 $4.4
$8.9
$4.8 $0.6
$-
$2.0
$4.0
$6.0
$8.0
$10.0
$12.0
$14.0
$16.0
$18.0
$20.0
Vail Village Lionshead All Other
Individual
Property Mgrs
658 621
282 266
97 93 52 35 27 21
0
100
200
300
400
500
600
700 2,152 Total Units
869 850
205 183 45
1687
1976
278
714
132
0
500
1000
1500
2000
2500
# Units
Bedrooms
66
32
4
32
6
1
5
1
94
159
26
37
12
9
8
88
51
40
10
15
20
9
14
0 50 100 150 200 250 300
East Vail
Buffehr‐…
Cascade…
Matterhorn
Golf Course
Intermount…
West Vail
Booth Falls 1 Bdrm
2 Bdrms
3 Bdrms
Approved
2152
In Process
190
Non-
compliant
300 89%
Compliance
Condo‐Tels
40%
Residential
Condos
39%
Fractionals
10%
Single Family
9%
Townhomes
2%
2,152