Paris, Kentucky, is a charming city that offers a unique blend of rural beauty and historic charm, making it an attractive market for Airbnb hosts. Known for its horse farms, bourbon distilleries, and the iconic Eiffel Tower replica, Paris draws in a diverse range of visitors, from horse racing enthusiasts and bourbon lovers to history buffs and tourists seeking a quiet getaway. The city's proximity to Lexington, the Horse Capital of the World, further enhances its appeal, providing a steady stream of guests, particularly during the horse racing season. The Airbnb market in Paris is competitive yet promising, with a high demand for properties that offer an authentic Kentucky experience. Hosts who can provide a unique, local experience, whether it's a cozy cottage on a horse farm or a historic home in downtown Paris, are likely to thrive in this market.
In Paris, Kentucky, the Airbnb market experiences a significant fluctuation in demand due to the seasonality of the region's attractions. The peak season typically begins in late spring and extends through the summer, coinciding with the horse racing season at the nearby Keeneland Racecourse and the Bourbon County Fair. During this period, Airbnb hosts can expect higher occupancy rates and can potentially charge higher prices. Conversely, the winter months tend to see a decrease in tourism, leading to lower demand for Airbnb accommodations. However, the holiday season in December can bring a brief uptick in bookings, thanks to local holiday events and festivities.
In Paris, Kentucky, Airbnb hosts must be aware of and comply with a variety of local regulations. The city does not have specific laws governing short-term rentals, but general rental and zoning laws apply. Hosts should ensure their property is zoned for such use and that they have the necessary permits. Additionally, Kentucky state law requires hosts to collect a 6% sales tax on the rental price, including any cleaning fee, for stays of less than 30 days. Hosts are also responsible for collecting and remitting a transient room tax, which varies by location. It's crucial to stay updated on these regulations to avoid potential legal issues and fines.
Managing Airbnb properties in Paris, Kentucky presents unique challenges and opportunities. The market is seasonal, with peak demand during the Bourbon County Fair and Horse Show, and the Secretariat Festival. It's crucial to adjust pricing and availability accordingly to maximize occupancy and revenue. Maintenance can be a challenge due to the historic nature of many properties, so regular inspections and preventative upkeep are key. Engaging local cleaning services familiar with short-term rentals can ensure a high standard of cleanliness for guest turnovers. Lastly, fostering good relationships with neighbors can help mitigate any potential issues with noise or parking, enhancing the overall guest experience.
In Paris, Kentucky, the Airbnb market thrives on the charm of the Bluegrass region. Properties that highlight the area's rich equestrian history, such as those with horse barns or proximity to local race tracks, are particularly appealing to guests. Amenities that cater to the bourbon enthusiasts, like curated local bourbon tastings or tours, can also set a property apart. Additionally, with the scenic beauty of the surrounding countryside, properties offering outdoor amenities such as patios, fire pits, or access to hiking trails often see higher occupancy rates. Lastly, given the region's culinary scene, a well-equipped kitchen for guests to try their hand at local recipes can be a significant draw.
Paris, Kentucky, is a charming city that offers a unique blend of rural beauty and historic charm, making it an attractive market for Airbnb hosts. Known for its horse farms, bourbon distilleries, and the iconic Eiffel Tower replica, Paris draws in a diverse range of visitors, from horse racing enthusiasts and bourbon lovers to history buffs and tourists seeking a quiet getaway. The city's proximity to Lexington, the Horse Capital of the World, further enhances its appeal, providing a steady stream of guests, particularly during the horse racing season. The Airbnb market in Paris is competitive yet promising, with a high demand for properties that offer an authentic Kentucky experience. Hosts who can provide a unique, local experience, whether it's a cozy cottage on a horse farm or a historic home in downtown Paris, are likely to thrive in this market.
In Paris, Kentucky, the Airbnb market experiences a significant fluctuation in demand due to the seasonality of the region's attractions. The peak season typically begins in late spring and extends through the summer, coinciding with the horse racing season at the nearby Keeneland Racecourse and the Bourbon County Fair. During this period, Airbnb hosts can expect higher occupancy rates and can potentially charge higher prices. Conversely, the winter months tend to see a decrease in tourism, leading to lower demand for Airbnb accommodations. However, the holiday season in December can bring a brief uptick in bookings, thanks to local holiday events and festivities.
In Paris, Kentucky, Airbnb hosts must be aware of and comply with a variety of local regulations. The city does not have specific laws governing short-term rentals, but general rental and zoning laws apply. Hosts should ensure their property is zoned for such use and that they have the necessary permits. Additionally, Kentucky state law requires hosts to collect a 6% sales tax on the rental price, including any cleaning fee, for stays of less than 30 days. Hosts are also responsible for collecting and remitting a transient room tax, which varies by location. It's crucial to stay updated on these regulations to avoid potential legal issues and fines.
Managing Airbnb properties in Paris, Kentucky presents unique challenges and opportunities. The market is seasonal, with peak demand during the Bourbon County Fair and Horse Show, and the Secretariat Festival. It's crucial to adjust pricing and availability accordingly to maximize occupancy and revenue. Maintenance can be a challenge due to the historic nature of many properties, so regular inspections and preventative upkeep are key. Engaging local cleaning services familiar with short-term rentals can ensure a high standard of cleanliness for guest turnovers. Lastly, fostering good relationships with neighbors can help mitigate any potential issues with noise or parking, enhancing the overall guest experience.
In Paris, Kentucky, the Airbnb market thrives on the charm of the Bluegrass region. Properties that highlight the area's rich equestrian history, such as those with horse barns or proximity to local race tracks, are particularly appealing to guests. Amenities that cater to the bourbon enthusiasts, like curated local bourbon tastings or tours, can also set a property apart. Additionally, with the scenic beauty of the surrounding countryside, properties offering outdoor amenities such as patios, fire pits, or access to hiking trails often see higher occupancy rates. Lastly, given the region's culinary scene, a well-equipped kitchen for guests to try their hand at local recipes can be a significant draw.
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.