Coachella Valley & Greater Palm Springs Market Report

How Much Money Can Your Palm Springs Vacation Rentals Earn?

Vacation Rental Report for
Coachella Valley & Greater Palm Springs

Understand The Consumer Trends In This Hot Market!

In 2017, Coachella Valley and Greater Palm Springs saw nearly 19 million visitors and over $6 billion in tourism-generated revenue, with preliminary data promising impressive continued growth.

The best part? Demand is Outpacing Supply. During the past seven-year period, price growth has accounted for about 70% of total revenue growth which poses the question: Are your Palm Springs properties earning up to their full potential?

Insights You Will Gain From This Report Include:

  • Are you charging enough for your Palm Springs vacation rentals?
  • Which OTAs have the broadest regional portfolio/see the most bookings?
  • How do vacation rental accommodations stack against hotel accommodations?
  • What can you do to get your share of this market right away?
  • Is it worth investing in additional inventory in Palm Springs?
  • How vacation rentals are thriving in the current regulatory climate?
  • A breakdown of license/permit/tax regulations by city
  • How early are guests booking their accommodations? Is your calendar updated far enough in advance?
  • How much do occupancy rates vary year to year? What can you expect?
  • What are the most strategic minimum and maximum stay windows you could be offering?
  • What range of free cancellation window offerings would yield the highest conversion rate?