In recent years, short-term rentals (STRs) have emerged as a vibrant aspect of the Buncombe County tourism industry, bringing with them a host of benefits for both the county and travelers alike. From boosting local economies to providing unique lodging options, the positive impact of STRs reverberates across various facets of community life.

Economic Stimulus:

One of the most significant contributions of short-term rentals to Buncombe County is their economic impact. By attracting visitors who stay in STRs, our county benefit from increased spending on local goods and services, leading to a surge in sales tax revenue. Additionally, the occupancy tax on short-term rental stays, brings in additional revenue. This revenue stream supports essential services, infrastructure projects, and community development initiatives, ultimately enhancing the quality of life for residents.

Financial Boost for Owners:

For property owners, short-term rentals offer a source of additional income. By renting out their properties on platforms like Airbnb or Vrbo homeowners can offset mortgage costs, property taxes, and maintenance expenses, thereby improving their financial stability. This supplementary income often enables homeowners to invest in home improvements or pursue other personal and professional endeavors, fostering economic empowerment within communities.

Employment Opportunities

The proliferation of short-term rentals also creates employment opportunities within communities. From property management and cleaning services to hospitality and tourism-related jobs, the STR industry in Buncombe County generates a diverse array of employment options. Residents can capitalize on these opportunities to gain valuable work experience, earn income, and contribute to the vitality of their community’s workforce.

Positive Choice for Travelers:

For travelers, short-term rentals offer a unique and immersive lodging experience that goes beyond traditional hotels. Whether it’s a cozy cottage nestled close to the French Broad River or a stylish urban loft in the heart of Asheville, STRs provide travelers with a wide range of accommodations to suit their preferences and budget. Moreover, staying in a short-term rental often affords travelers the opportunity to connect with local hosts, explore off-the-beaten-path neighborhoods, and experience the destination like a true insider.