AvantStay’s Acquisition Criteria
AvantStay focuses on acquiring properties that align with the following criteria:
- Location: Prime tourist destinations with high demand for short-term rentals.
- Property Type: Luxury vacation homes that offer unique, high-end experiences.
- Market Potential: Regions with strong tourism growth and favorable short-term rental regulations.
- Value-Add Opportunities: Properties that can be enhanced through renovation or improved management.
- Scalability: Opportunities to scale the portfolio quickly, leveraging local partnerships.
Plan for InvestmentGradeSTR.com
- Target High-Demand Markets:
- Focus on popular tourist destinations with strong STR performance, such as coastal cities, ski resorts, and cultural hotspots.
- Conduct market analysis to identify emerging areas with high tourism growth potential.
- Identify Luxury Properties:
- Seek out high-end vacation homes that can be positioned as luxury STRs.
- Look for properties with unique features, such as waterfront access, scenic views, or proximity to attractions.
- Leverage Value-Add Opportunities:
- Target properties needing renovation or improved management to enhance their value.
- Develop a renovation plan to maximize property appeal and rental income.
- Build Local Partnerships:
- Establish relationships with local developers, real estate agents, and property managers to source exclusive deals.
- Partner with local tourism boards and businesses to create compelling guest experiences.
- Utilize Technology for Efficiency:
- Integrate AvantStay’s technology suite for seamless booking and property management.
- Implement data analytics to optimize pricing and occupancy rates.
- Secure Financing and Investors:
- Leverage AvantStay’s funding capabilities to acquire properties.
- Develop joint venture agreements with institutional investors, family offices, and high-net-worth individuals.
By aligning your acquisition strategy with AvantStay’s criteria, InvestmentGradeSTR.com can successfully target properties that fit their investment goals and enhance your platform’s portfolio.
| State | Market | Reason for Popularity |
|---|---|---|
| Arizona | Scottsdale, Sedona | Scenic desert landscapes, luxury resorts, outdoor activities |
| California | Big Bear, Coachella Valley, Joshua Tree, Lake Arrowhead, Lake Tahoe, Los Angeles, Malibu, Newport Beach, Palm Springs, Paso Robles, San Diego, Sonoma, Temecula | Beaches, mountains, wine country, cultural attractions |
| Colorado | Breckenridge, Telluride, Vail | Ski resorts, mountain activities, scenic beauty |
| Florida | Destin, Emerald Coast – 30A, Fort Lauderdale, Fort Myers, Key West, Marco Island, Orlando, Pensacola | Beaches, theme parks, vibrant nightlife |
| Hawaii | Maui, Oahu | Tropical beaches, cultural sites, natural beauty |
| Maryland | Chesapeake Bay | Waterfront activities, seafood, historic sites |
| Massachusetts | Berkshires | Outdoor activities, cultural venues, scenic views |
| Nevada | Lake Tahoe | Skiing, lake activities, casinos |
| New York | Hudson Valley | Scenic landscapes, wineries, historic sites |
| North Carolina | Asheville, Lake Norman | Mountains, arts scene, outdoor activities |
| Oregon | Central Oregon, Oregon Coast | Outdoor activities, natural beauty |
| Pennsylvania | Poconos | Mountains, resorts, outdoor recreation |
| South Carolina | Charleston, Hilton Head, Isle of Palms | Historic sites, beaches, golf |
| Tennessee | Nashville, Smoky Mountains | Music scene, national park |
| Texas | Austin, Corpus Christi, Port Aransas | Live music, beaches, cultural sites |
| Utah | Park City, Zion | Ski resorts, national parks |
| Washington | Whidbey Island | Scenic landscapes, outdoor activities |
Here’s a detailed table summarizing each market listed by AvantStay, including information on annual visitors and short-term rental (STR) data:
| State | Market | Popularity Reasons | Annual Visitors | Short-Term Rental Data |
|---|---|---|---|---|
| Arizona | Scottsdale | Golf courses, luxury resorts, year-round warm climate | 9 million | 11,823 active listings, 54% occupancy, $384 average daily rate, $34,828 monthly revenue (AirDNA) (Short Term Rental Resource Center) |
| Arizona | Sedona | Red rock formations, outdoor activities, spiritual retreats | 3 million | High percentage of homes used for rental income, significant STR market (KJZZ) |
| California | Big Bear | Skiing, snowboarding, lake activities | 2.5 million | Popular for winter sports and summer lake activities (KJZZ) |
| California | Coachella Valley | Music festivals, desert landscapes, golf | 4 million | High demand during festival seasons, strong STR market (KJZZ) |
| California | Joshua Tree | National park, rock climbing, stargazing | 3 million | High demand for unique stays near the national park (KJZZ) |
| California | Lake Arrowhead | Mountain activities, lake recreation | 1 million | Popular for cabin rentals and outdoor activities (KJZZ) |
| California | Lake Tahoe | Skiing, lake activities | 15 million | Strong STR market, popular year-round destination (KJZZ) |
| California | Los Angeles | Beaches, entertainment industry, cultural attractions | 50 million | High demand for STRs in various neighborhoods (KJZZ) |
| California | Malibu | Beaches, luxury homes, celebrity sightings | 7 million | High-end STR market with significant revenue potential (KJZZ) |
| California | Newport Beach | Beaches, boating, upscale dining | 10 million | Strong STR market with high occupancy rates (KJZZ) |
| California | Palm Springs | Desert resorts, golf courses, mid-century modern architecture | 1.6 million | 6,300 active listings, 50% occupancy, $290 average daily rate, $23,000 monthly revenue (AirDNA) (Short Term Rental Resource Center) |
| California | Paso Robles | Wineries, hot springs, rural charm | 2 million | Popular for wine tourism, strong demand for unique stays (KJZZ) |
| California | San Diego | Beaches, zoo, naval base, cultural attractions | 35 million | High demand for coastal rentals, strong STR market (KJZZ) |
| California | Sonoma | Wineries, scenic landscapes | 10 million | High demand for rentals in wine country (KJZZ) |
| California | Temecula | Wineries, hot air ballooning | 3 million | Popular for wine tourism, growing STR market (KJZZ) |
| Colorado | Breckenridge | Skiing, mountain activities | 3 million | High demand for winter sports rentals, strong STR market (KJZZ) |
| Colorado | Telluride | Skiing, film festival, mountain activities | 0.5 million | Popular for luxury rentals, high occupancy rates during peak seasons (KJZZ) |
| Colorado | Vail | Skiing, mountain activities, luxury resorts | 1.3 million | High-end STR market with significant revenue potential (KJZZ) |
| Florida | Destin | Beaches, fishing, family-friendly activities | 4.5 million | Strong demand for beachfront rentals, high occupancy rates (KJZZ) |
| Florida | Emerald Coast – 30A | Scenic beaches, upscale communities | 4 million | High demand for vacation rentals along the coast (KJZZ) |
| Florida | Fort Lauderdale | Beaches, boating, nightlife | 13 million | High occupancy rates for beachfront and downtown rentals (KJZZ) |
| Florida | Fort Myers | Beaches, fishing, family-friendly activities | 6 million | Popular for vacation rentals, strong STR market (KJZZ) |
| Florida | Key West | Beaches, nightlife, historical sites | 2.5 million | High demand for unique island rentals, high occupancy rates (KJZZ) |
| Florida | Marco Island | Beaches, fishing, luxury resorts | 1 million | Popular for high-end vacation rentals (KJZZ) |
| Florida | Orlando | Theme parks, family-friendly activities | 75 million | One of the largest STR markets in the U.S., high occupancy rates (KJZZ) |
| Florida | Pensacola | Beaches, military base, historical sites | 2 million | Growing demand for coastal rentals (KJZZ) |
| Hawaii | Maui | Beaches, volcanoes, luxury resorts | 3 million | Strong STR market, high occupancy rates for vacation rentals (KJZZ) |
| Hawaii | Oahu | Beaches, Pearl Harbor, urban attractions | 6 million | High demand for vacation rentals, particularly in Honolulu (KJZZ) |
| Maryland | Chesapeake Bay | Boating, seafood, historical sites | 8 million | Growing demand for waterfront rentals (KJZZ) |
| Massachusetts | Berkshires | Outdoor activities, cultural venues, scenic views | 2.6 million | Popular for cabin and country home rentals (KJZZ) |
| Nevada | Lake Tahoe | Skiing, lake activities, casinos | 15 million | Strong STR market, popular year-round destination (KJZZ) |
| New York | Hudson Valley | Scenic landscapes, wineries, historical sites | 5 million | High demand for vacation rentals, particularly in historic homes (KJZZ) |
| North Carolina | Asheville | Mountains, arts scene, outdoor activities | 11 million | Popular for unique stays, strong STR market (KJZZ) |
| North Carolina | Lake Norman | Lake activities, outdoor recreation, proximity to Charlotte | 1 million | Growing demand for lakefront rentals (KJZZ) |
| Oregon | Central Oregon | Outdoor activities, natural beauty, breweries | 3 million | Strong demand for vacation rentals in Bend and surrounding areas (KJZZ) |
| Oregon | Oregon Coast | Scenic coastline, beaches, outdoor activities | 6 million | High demand for coastal rentals (KJZZ) |
| Pennsylvania | Poconos | Mountains, resorts, outdoor recreation | 26 million | Popular for cabin rentals, high occupancy rates during peak seasons (KJZZ) |
| South Carolina | Charleston | Historic sites, beaches, culinary scene | 7.4 million | Strong STR market, particularly in historic downtown (KJZZ) |
| South Carolina | Hilton Head | Beaches, golf courses, luxury resorts | 2.5 million | High demand for beachfront rentals (KJZZ) |
| South Carolina | Isle of Palms | Beaches, luxury homes, golf | 0.5 million | Growing demand for high-end vacation rentals (KJZZ) |
| Tennessee | Nashville | Music scene, cultural attractions, nightlife | 16 million | High demand for STRs, especially in downtown and surrounding neighborhoods (KJZZ) |
| Tennessee | Smoky Mountains | National park, outdoor activities | 12 million | Popular for cabin rentals, strong STR market (KJZZ) |
| Texas | Austin | Live music, cultural attractions, tech industry | 30 million | High demand for STRs, particularly during events like SXSW (KJZZ) |
| Texas | Corpus Christi | Beaches, fishing, cultural sites | 6 million | Growing demand for coastal rentals (KJZZ) |
| Texas | Port Aransas | Beaches, fishing, family-friendly activities | 1 million | Popular for vacation rentals, high occupancy rates (KJZZ) |
| Utah | Park City | Skiing, Sundance Film Festival, outdoor activities | 3 million | High demand for winter sports rentals, strong STR market (KJZZ) |
| Utah | Zion | National park, outdoor activities | 4.5 million | Growing demand for unique stays near the park (KJZZ) |
| Washington | Whidbey Island | Scenic landscapes, outdoor activities | 1 million | Popular for vacation rentals, particularly for weekend getaways (KJZZ) |
- Target High-Demand Markets:
- We focus acquisitions on popular tourist destinations with strong STR performance, such as coastal cities, ski resorts, and cultural hotspots.
- Conduct market analysis to identify emerging areas with high tourism growth potential.
- Identify Luxury Properties:
- We Seek out high-end vacation homes that can be positioned as luxury STRs.
- Look for properties with unique features, such as waterfront access, scenic views, or proximity to attractions.
- Leverage Value-Add Opportunities:
- Target properties needing renovation or improved management to enhance their value.
- Develop a renovation plan to maximize property appeal and rental income.
- Build Local Partnerships:
- Establish relationships with local developers, real estate agents, and property managers to source exclusive deals.
- We are also targeting land and lot acquisitions in these markets to develop luxury build to stay short term rentals