AvantStay, a hospitality brand focused on redefining the way in which people travel, invest in, and manage vacation properties, released their exclusive report “25 Best Places To Buy a Vacation Home in 2022” in which they recommend the top US destinations to invest in vacation rentals. The report uses proprietary AvantStay vacation rental data and survey data compiled from US-based investors to provide a comprehensive rundown of US short-term rental vacation investment market trends and insights.
For those looking to purchase a vacation home, AvantStay predicts that 2022 will be an advantageous year to invest. “After nearly two years of uncertainty, the short-term rental market has truly accelerated throughout the pandemic,” says Sean Breuner, Founder & CEO of AvantStay. “We’re seeing travelers, homeowners, and even investors view vacation rentals as a ‘home away from home’ with all the benefits and comforts found within a hotel.”
As Americans become more accustomed to ever-changing regulations and shifting travel plans throughout the pandemic, short-term rentals continue to be a reliable solution for people looking to reconnect safely. Single-family rentals—especially those that are professionally managed—offer all the amenities of a home away from home, with the added benefits of closer proximity to preferred attractions.
To rank the top 25 vacation rental home markets, AvantStay used proprietary data to calculate each market’s investment score, taking into account year-over-year growth, cap rate, population density, cash-on-cash returns, and median market price. Here are the top 5 locations to consider when purchasing a vacation home this year:
Additional locations include Savannah, GA; Coachella Valley, CA; Sarasota, FL; Palm Springs, CA; and Austin, TX amongst others. To view the full list of 25 best places to buy a vacation home, please see here.