What Is A Short Term Rental?
A short-term rental is a furnished living space available for short periods of time, from a few days to weeks. In the City of Orlando, a short-term rental is less than 30 days. Short-term rentals are also known as vacation rentals and are considered an alternative to a hotel.
Golden Triangle
Most of the Short Term Rental Communities are within the Golden Triangle. This triangle is marked on the map. There are exceptions outside of this area.
Where To Buy
- Celebration
- Reunion
- Four Corners
- Champions Gate
- Kissimmee
Top Three Communities for Short Term Rentals
- Reunion/Encore
- Margaritaville
- Champions Gate
Reunion/Encore
- Property Management company – Luxury Residential Resorts and Ackley Florida Property Management
- 24-hour check in, 24-hour onsite service and maintenance team, concierge services, spa
- Water Park plus swimming pool with covered cabanas available for rent
- Various on-property dining options: restaurants, full service bars, and in-home chef and bartender
- Two tennis courts, two basketball courts, three volleyball courts, a full soccer field and fitness center
Margaritaville
- Property Management company – Luxury Residential Resorts
- Hotel and private cottages, welcome cocktail on arrival, 24 -hour access to business and fitness center, concierge service
- Access to lagoon and resort pools, H2O water park
- Restaurants and bars, promenade at sunset walk, spa
Champions Gate
- Property Management company – The Realty Medics
- Two Greg Norman-designed championship golf courses
- Restaurants and bars
- European style spa and fitness facility
- Formal pool with private cabanas, heated family pool with water slide and 850-foot lazy river and Orlando’s only resort wave pool
- 24-hour room service
Legal Compliance
You shouldn’t have to keep track of all the local and federal expectations for your property. Hiring a property manager means you have a professional who should be keeping track of those things for you.
- Rental Licensing + Collection and Payment of Booking Sales Taxes
- Fire Extinguisher Certification and Egress Plans
Property Management Companies
The “landlord” title comes with as much responsibility as it does prestige. From collecting rent payments and managing repairs and maintenance, the list of responsibilities of a homeowner and landlord are never-ending. Hiring a competent and reputable property management firm could take the weight off your shoulders by shifting the workload to an experienced property manager that will ensure your asset is well-protected and maintained, and make the introduction to the lucrative business. Contact us for a list of property management companies.
Onsite vs. Offsite Property Management
What is most important to you? Do you want an onsite property management, someone there 24/7? Do you like an offsite property management? Whatever it is you are looking for, you are sure to find it in the Orlando area.
Distribution Channels
- Airbnb
- Expedia
- Travelocity
- Hotwire
- com
- Tripadvisor
- Kayak
- com
- VRBO
Other Booking Sources
Central Florida is a popular destination amongst international travelers. These travelers many times will book their stays through booking services whom you can partner with to provide an enjoyable stay.
- Tour Operators – are large scale travel services focused mainly on the international traveler
- Travel Agents – popular amongst older travelers and international travelers, travel agents are still a great
partnership for booking volume - Local Partners – partner with Experience Kissimmee, Visit Central Florida, FL VRMA, and a number of
organizations that host events such as sports tournaments, business conferences, etc.
Locked Owner’s Closet
An owner’s closet provides property owners with a secure, convenient place to stow many of the items that they want to keep at the home but do not wish to share with guests. The reality is that guests are not going to use your vacation home’s hall closets, so they’re a great pick when choosing which closets to use as locked owner’s closets.
Booking Commission
Booking commission is almost always 20%
Nightly Rates
Rates are dependent on the area
Occupancy Rates
On average occupancy rates range from 50%-80%
Ready to find out more?
Let us help you find your next home. If you have any questions or are ready to start your search give us a call, 407-495-2546.
