• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
(239) 472-1950 Login
Sanibel Real Estate Guide Logo

Sanibel Real Estate Guide

Find your Sanibel Home and Learn About Life on Our Island

  • Find Your Home
    • Real Estate Search
    • Island Condo Guide
    • Sanibel Map Search
  • Island Info
    • Island Living
    • Real Estate News
    • Sanibel & Captiva Market Report
    • Owning Vacation Rentals
    • Retiring On Sanibel
    • Sanibel New Resident Guide
  • About
    • Who We Are
  • Contact Us
  • Show Search
Hide Search
Home/Real Estate News/Vacation Rental Owners Make More Money

Vacation Rental Owners Make More Money

Sanibel Condos

Great news for Sanibel and Captiva Vacation Landlords! HomeAway, the leading online marketplace for vacation rentals, released it 2014 Vacation Rental Report, which states that owners of rental properties are seeing higher occupancy rates than before, while continuing to raise their rental prices.

“What stands out to me from this year’s survey the most is not only the consistency we see year-over-year with successful bookings, but those bookings are taking place at gradually higher rental rates each year.”

Brian SharplesBrian Sharples,
co-founder and chief executive officer of HomeAway.

Sanibel and Captiva islands are having great years for tourism as more and more folks want to vacation and retire here (see Sanibel Ranked #1 In World by Frommer). The cold winters up north have help draw more and more people to Southwest Florida to escape the cold.

Some statistics from the study

  • Captiva Island and Sanibel Island as one of the top ten destinations showing the greatest growth in traveler demand, according to the 2014 HomeAway report
  • 84% of vacation rental owners report that this year’s bookings are the same or better than last year.
  • 93% of owners did not lower rental rates from last winter, and 21% of owners raised their rates.
  • Vacation Rental Owners who say winter is their peak rental season had a 70% occupancy rate. In comparison, Smith Travel Research reports that overall U.S. hotel occupancy rates averaged 57.5% booked in the fourth quarter of 2013 and 60.2% thus far in 2014.
  • More than half (54%) of owners with a mortgage are able to cover at least 3/4 of their mortgage payment with the income earned from renting their home.

We work with a lot of folks who are buying now at today’s interest rates and prices, then renting out their homes to cover costs long before they retire. Many are buying now and using their home for vacations, in order to protect themselves from possible market appreciation that could price them out of Sanibel and Captiva before they are ready to retire.

Related Articles

Be a Vacation Landlord
What Rental Income Can You Expect on Sanibel? ‎
‎Video: Condo Renovation Maximizes Rental Income
8 Tips to Maximize Your Vacation Rental Income

Written by: Jim McCallion

Tagged With: rental income, vacation rental Filed Under: Real Estate News, Vacation Rental

About Jim McCallion

Meet the "Marketing Megaphone" and Webmaster behind McCallion & McCallion. After selling his software company, Jim, Susan and kids moved to Sanibel in 2008. With his tech experience, he and Susan bring a fresh approach to island real estate.

Primary Sidebar

Recent Posts

  • Mastering Curb Appeal
  • Pros and Cons of Living on Sanibel Island
  • Sanibel Pool Homes For Sale
  • Is It Time To Downsize?
  • Sanibel Island Population

Explore more

McCallion & McCallion Realty Logo

McCallion & McCallion Realty
1640 Periwinkle Way, Suite 1
Sanibel Island, Florida 33957
(239) 472-1950

  • email us
  • facebook
  • instagram
  • pinterest
McCallion & McCallion Realty Logo
(239) 472-1950 email us facebook instagram pinterest
Copyright © · Susan McCallion · Broker · McCallion & McCallion · Sanibel Real Estate · Listings · Sitemap