Memphis, TennesseeMemphis, Tennessee

Vacation Rental Management in Memphis, Tennessee

Discover the best vacation rental management companies in Memphis, Tennessee to maximize your revenue and create incredible guest experiences

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Memphis, Tennessee Airbnb Management Overview

Memphis, Tennessee, is a vibrant city with a rich cultural and musical history that attracts a diverse range of Airbnb guests. The city's Airbnb market is robust and dynamic, with a high demand for short-term rentals, particularly in areas close to popular attractions like Graceland, Beale Street, and the National Civil Rights Museum. The market is also influenced by seasonal events such as the Beale Street Music Festival and Memphis in May, which significantly increase visitor numbers. Additionally, the city's growing reputation as a foodie destination, particularly for its world-renowned barbecue, adds another layer of appeal for potential Airbnb guests. However, hosts should be aware of the city's strict regulations regarding short-term rentals, which require permits and adherence to specific rules and guidelines.

In Memphis, Tennessee, the Airbnb market experiences significant fluctuations due to the city's vibrant cultural calendar and seasonal weather patterns. The peak season typically begins in April with the onset of the Memphis in May International Festival, a month-long event that attracts tourists from around the globe. This period of high demand extends through the summer months, buoyed by visitors drawn to the city's rich music history and iconic barbecue scene. Conversely, the winter months, particularly January and February, tend to see a downturn in bookings due to colder weather and a lull in major events. However, the market sees a brief surge in August, coinciding with Elvis Week, a city-wide celebration of the King of Rock 'n' Roll. Understanding these seasonal trends is crucial for hosts looking to optimize their booking rates and occupancy levels.

In Memphis, Tennessee, Airbnb hosts must be aware of and comply with a variety of local regulations. The city requires hosts to obtain a short-term rental permit, which involves an application process and a fee. Additionally, hosts must adhere to zoning laws, which may restrict the ability to rent out certain properties on a short-term basis. There are also specific rules regarding the collection and remittance of occupancy taxes on short-term rentals. Failure to comply with these regulations can result in fines and penalties. It's also important to note that regulations can vary within different neighborhoods and districts within Memphis, so hosts should ensure they are familiar with the specific rules applicable to their property's location.

Managing Airbnb properties in Memphis, Tennessee, requires a keen understanding of the local market dynamics. The city's vibrant music scene and rich history attract a diverse range of guests, making it crucial to tailor listings to appeal to different demographics. High tourist seasons, particularly during music festivals and events, can lead to increased demand and higher rental rates. However, off-peak periods can present occupancy challenges. To maintain consistent bookings, it's beneficial to offer competitive pricing and flexible booking options. Regular maintenance and quick response to guest inquiries are also key to ensuring positive reviews and repeat bookings.

In Memphis, Tennessee, the Airbnb market thrives on the city's rich musical history and southern charm. Properties that highlight these unique aspects, such as those located near Graceland or Beale Street, are particularly popular. Amenities that guests often seek include dedicated workspaces and high-speed internet for business travelers, as well as outdoor spaces for leisure travelers looking to enjoy the city's mild climate. Additionally, properties that offer local experiences, such as barbecue grills for guests to try their hand at Memphis-style barbecue, or record players with a selection of blues vinyls, often receive higher ratings. It's also worth noting that due to the city's location along the Mississippi River, properties with river views or access are highly sought after.

Market Overview

Memphis, Tennessee, is a vibrant city with a rich cultural and musical history that attracts a diverse range of Airbnb guests. The city's Airbnb market is robust and dynamic, with a high demand for short-term rentals, particularly in areas close to popular attractions like Graceland, Beale Street, and the National Civil Rights Museum. The market is also influenced by seasonal events such as the Beale Street Music Festival and Memphis in May, which significantly increase visitor numbers. Additionally, the city's growing reputation as a foodie destination, particularly for its world-renowned barbecue, adds another layer of appeal for potential Airbnb guests. However, hosts should be aware of the city's strict regulations regarding short-term rentals, which require permits and adherence to specific rules and guidelines.

Airbnb Seasonality

In Memphis, Tennessee, the Airbnb market experiences significant fluctuations due to the city's vibrant cultural calendar and seasonal weather patterns. The peak season typically begins in April with the onset of the Memphis in May International Festival, a month-long event that attracts tourists from around the globe. This period of high demand extends through the summer months, buoyed by visitors drawn to the city's rich music history and iconic barbecue scene. Conversely, the winter months, particularly January and February, tend to see a downturn in bookings due to colder weather and a lull in major events. However, the market sees a brief surge in August, coinciding with Elvis Week, a city-wide celebration of the King of Rock 'n' Roll. Understanding these seasonal trends is crucial for hosts looking to optimize their booking rates and occupancy levels.

Short Term Rental Regulations

In Memphis, Tennessee, Airbnb hosts must be aware of and comply with a variety of local regulations. The city requires hosts to obtain a short-term rental permit, which involves an application process and a fee. Additionally, hosts must adhere to zoning laws, which may restrict the ability to rent out certain properties on a short-term basis. There are also specific rules regarding the collection and remittance of occupancy taxes on short-term rentals. Failure to comply with these regulations can result in fines and penalties. It's also important to note that regulations can vary within different neighborhoods and districts within Memphis, so hosts should ensure they are familiar with the specific rules applicable to their property's location.

Best Practices for Management

Managing Airbnb properties in Memphis, Tennessee, requires a keen understanding of the local market dynamics. The city's vibrant music scene and rich history attract a diverse range of guests, making it crucial to tailor listings to appeal to different demographics. High tourist seasons, particularly during music festivals and events, can lead to increased demand and higher rental rates. However, off-peak periods can present occupancy challenges. To maintain consistent bookings, it's beneficial to offer competitive pricing and flexible booking options. Regular maintenance and quick response to guest inquiries are also key to ensuring positive reviews and repeat bookings.

Locations and Amenities

In Memphis, Tennessee, the Airbnb market thrives on the city's rich musical history and southern charm. Properties that highlight these unique aspects, such as those located near Graceland or Beale Street, are particularly popular. Amenities that guests often seek include dedicated workspaces and high-speed internet for business travelers, as well as outdoor spaces for leisure travelers looking to enjoy the city's mild climate. Additionally, properties that offer local experiences, such as barbecue grills for guests to try their hand at Memphis-style barbecue, or record players with a selection of blues vinyls, often receive higher ratings. It's also worth noting that due to the city's location along the Mississippi River, properties with river views or access are highly sought after.

How It Works

Meet with membership

Connect With Local Pros

Summer matches you with top vacation rental managers who know the Memphis, Tennessee market and can help you maximize your revenue and improve guest experiences. 

We'll make sure to introduce you to Airbnb managers who offer the right services for your needs.

Get Onboarded

Seamless Onboarding

Your manager can handle everything—from listing setup and pricing optimization to guest communication and maintenance.

They’ll take care of professional photography, lockbox installation, profile setup, and everything you need to get your Memphis, Tennessee property guest-ready.

Collect Revenue

Sit Back And Earn

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.

Who We Trust

What makes our partners stand out from other short-term rental property managers in Memphis, Tennessee

Access to the Summer Network

Personalized Support

Each home and host is different. The best property managers work with you to find the services and support that make sense.

Best in class revenue Optimization

Demonstrated Earnings

Your investment is important. Our partners have proven they can substantially increase revenue on properties over market averages.

Accuracy with our technology

Tech-Forward Focus

The best property managers use data to make smart decisions, and technology to create seamless guest experiences.

Trusted brand reputation

Trusted Brand Reputation

We partner with property managers with Superhost status and high guest ratings, so guests always know what to expect.

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Who’s a good fit for a professional manager?

You think your short-term rental can make more money

Your property is not beating market averages, getting enough bookings, or does not have visibility across the major rental platforms.

You want a partner where you are valued

Our preferred managers build personal relationships with all of their owners and care about each property like it's their own.

You want hassle-free hosting

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.

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Get connected

We'd love to hear about what you're looking for, and we’ll connect you with top vacation property managers in your area!

FAQ

Answers to common questions

What is vacation rental property management?

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.

What services does a vacation rental manager offer?

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.

Can they help me convert an existing home into a vacation rental?

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.

How long does the onboarding process take?

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.

Will I get a smart lock?

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.

Will they take updated photos of the property?

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.

How do I know my property will be safe with guests?

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.