Stay IN THE KNOW with our monthly GPSTBID newsletter for vacation rental owners and property managers. 

WHAT'S NEW IN THE COACHELLA VALLEY

This fall, the Coachella Valley is buzzing with fresh experiences, new accommodations, and vibrant dining options that highlight the unique charm of our desert oasis. From celebrity chefs to new flights and attractions, there’s something new for every visitor to enjoy in the nine-city destination.

MORE LOCAL BUSINESSES SUPPORTING STVRS

One Coachella Valley: Short-Term Rentals, Long-Term Benefits is our local-facing campaign to raise awareness of the quality-of-life benefits of well-regulated short-term rentals in our community. Thank you to the owners of Thyme to Tease Beauty Studio, Escape Games at The River, New Leaf Catering, and Fresh Juice Bar for their support of tourism! Consider adding them to your list of recommended services and things to do for guests and supporting them when you're here locally. 

Follow @onecoachellavalley on Facebook and Instagram to see their testimonials and read other great content supporting short-term rentals in the Coachella Valley. 

SUMMER OCCUPANCY & RATE TRENDS

For the months of June, July, and August average paid guest occupancy in professionally managed vacation rentals in the Coachella Valley was 20.3% compared to 21.1% in 2023, and 15.3% in 2019. 

Average Daily Rate (ADR) for these homes was $339, flat to 2023, and up from $283 in 2019.

NATIONWIDE OCCUPANCY & RATE TRENDS

Thus far in 2024, the performance of the United States vacation rental industry has continued to decline, although less dramatically than last year. Occupancy has been slightly lower than in 2023 due to increasing supply and softening demand. Rates have been relatively stable and revenues have dropped slightly. The ongoing question has been, “When will supply and demand stabilize, causing occupancy declines to stop?” The year-over-year stabilization did not come in August, but the late fall travel season is pacing well. 

HOSTING ESSENTIALS RESOURCES

Rent Responsibly hosts a resource landing page for Visit Greater Palm Springs vacation rental owners and property managers including:

  • Guest communication templates
  • Links to regulations and ordinances for each city
  • Instructional videos from our city partners
  • Hosting Essentials webinar recordings
  • Helpful articles and resources for STVR hosts

UPCOMING EVENTS

NOVEMBER 1-3
Greater Palm Springs Pride

NOVEMBER 15 & 16
Desert Air

NOVEVBER 22 - 24
Cathedral City Hot Air Balloon Festival

Visit Greater Palm Springs curates two calendars—one for visitor events and another for signature events—that are a resource for both vacation rental operators and their guests.

Link to the Visitor Event Calendar landing page

Link to Signature Events

DO YOU HAVE YOUR OWN WEBSITE? You also have the option to embed our visitor event calendar on your site so guests can search events and scroll without ever leaving your website. CLICK HERE to request the Visitor Event Calendar Widget for your website. 

BROCHURES AND GUIDES

ANNUAL Visitor Guides are here! Visit Greater Palm Springs has resources available for you and your guests, like our digital visitors guide, brochures, and table tents. Contact josh@visitgreaterps.com to confirm availability and schedule pickup or delivery, including:
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