Short Term Rental Management in Aspen, Colorado

Short Term Rental Management in Aspen

Awning offers full-service vacation rental property management for busy vacation rental owners and Airbnb hosts in Aspen, Colorado. Starts at 15% of revenue.

Best Airbnb Management in Aspen, Colorado

Awning offers local Airbnb management for short-term rental owners. Get management starting at 10%.

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Awning’s Airbnb Calculator estimates the annual revenue for any address as a short-term rental.

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Aspen, Colorado

Aspen, Colorado is a popular destination for Airbnb rentals due to its stunning natural beauty, outdoor recreational opportunities, and world-class skiing. The city is known for its proximity to the Rocky Mountains, which offers a wide variety of outdoor activities such as hiking, skiing, and fishing. The city also has a vibrant downtown area with a variety of shopping, dining, and nightlife options. The combination of outdoor activities and urban amenities makes Aspen a desirable vacation spot for many travelers.

Seasonality for Airbnb stays and tourism in Aspen generally peaks during the winter months of December through February, when visitors flock to the area for skiing and other winter activities. The summer months of June through August also see an increase in visitors as the city offers a wide variety of outdoor activities such as hiking, biking, and fishing. The shoulder seasons of spring and fall are also popular with visitors looking to enjoy milder weather and less crowds.

Aspen has specific short-term rental regulations in place to ensure the safety and comfort of guests. These include obtaining a short-term rental permit, adhering to zoning and parking regulations, and paying a transient lodging tax. Hosts are also required to provide certain safety features such as smoke detectors and emergency evacuation plans.

Managing an Airbnb property in Aspen can be challenging due to the high competition and the need to maintain the property's cleanliness and upkeep. A professional property manager can help by handling the day-to-day operations such as cleaning, maintenance, and guest communication. They can also assist in pricing, marketing, and booking to help increase occupancy rates.

Aspen guests are looking for luxury amenities and high-end finishes in their rentals. They also tend to prefer properties that are located in the heart of the city and within walking distance to restaurants, shopping and nightlife. Additionally, Guests are looking for properties that are close to ski slopes, hiking and bike trails, and other outdoor recreational opportunities.

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Market overview
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Airbnb seasonality
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Short-term rental regulations
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Airbnb property management
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Locations and amenities
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Aspen, Colorado

Aspen stands out with a 63% median annual occupancy, though recent data shows seasonal dips to ~36% occupancy with ADR between $1,168–$1,600 and annual revenue in the $84K–$160K range. Prime property types include luxury chalets and ski-in/out condos, especially during winter. These high-end properties benefit from peak season surges in rates and bookings. Two- to four-bedroom estates with ski access, hot tubs, and mountain views are top performers.

Rental Seasonality

Seasonality for Airbnb stays and tourism in Aspen generally peaks during the winter months of December through February, when visitors flock to the area for skiing and other winter activities. The summer months of June through August also see an increase in visitors as the city offers a wide variety of outdoor activities such as hiking, biking, and fishing. The shoulder seasons of spring and fall are also popular with visitors looking to enjoy milder weather and less crowds.

Top Neighborhoods & Attractions

Aspen is renowned for its ski-in/ski-out neighborhoods, including Snowmass Village and Aspen Highlands. Beyond skiing, visitors can enjoy Maroon Bells, one of the most photographed mountain ranges in the U.S., and the Aspen Art Museum. Summer offers hiking trails, live music festivals, and Aspen’s vibrant downtown with high-end boutiques and dining.

Average Daily Rate

$975

Average Occupancy Rate

55%

Property Management Fees

20% and 25%

Average Annual Revenue

$136.1k | up 2% year over year

Taxes & Regulations in Aspen, Colorado

Short Term Rental Regulations

Short‑term rentals must obtain both a short‑term rental permit and a business license (fee $150). Three permit types exist: Lodging‑Exempt (for condo‑hotel managers), Owner‑Occupied (max 120 nights/year), and Classic (non-owner-occupied, capped zone units). Permits are non-transferable, require annual renewals and a Qualified Owner’s Representative (QOR) available 24/7. Listings must display permit numbers and occupancy limits. Hosts must collect sales, lodging, and STR excise taxes monthly. Zoning may limit density; additional safety, wildlife, and noise regulations are included.

Taxes

A 2.4% Local Marketing District Tax and a 2.9% State Sales Tax apply, in addition to a variable local lodging tax depending on property location.

Ease of Regulation

Average | While there are multiple taxes and permit requirements, the process is relatively straightforward compared to cities with outright bans or strict caps.

Types of Short Term Rental Properties in Aspen, Colorado

Aspen's Airbnb market epitomizes luxury mountain resort accommodations, offering an impressive array of high-end properties that cater to discerning travelers seeking alpine elegance. The destination features stunning mountain chalets and cabins that provide authentic Rocky Mountain experiences, alongside sophisticated condos and townhouses in premier ski-in/ski-out locations. Luxury villas and expansive homes offer unparalleled space and amenities for large groups and special occasions. The market includes upscale serviced apartments and lofts that combine hotel-like services with residential comfort, while boutique hotels and resort accommodations provide world-class hospitality. Unique to Aspen's offerings are specialized properties like aparthotels and resort rooms that blend luxury lodging with the flexibility of vacation rentals, reflecting the area's status as a premier destination for both winter sports enthusiasts and summer mountain adventurers. In terms of amenities, 5% of properties have a pool, 15% have a hot tub and 80% have a washer and dryer.

Bedrooms
Average daily rate
1 bed

$686

2 bed

$1386

3 bed

$1695

4+ bed

$5848

Why choose Awning

We have an experienced team and a suite of technology dedicated to providing the best service possible.

Awning logo
Other property managers
Cost
Starting at 10%
25-40%
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
Pricing
Communication
Management
Maintenance
Reporting
Value

No cancellation fees
No contract lock-in
Just 90 days notice to cancel

Annual contracts with cancellation penalties

Awning logo
Other
Cost
Starts at 5%
25-40%
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Average guest rating

No cancellation fees
No contract lock-in
Just 90 days notice to cancel

Annual contracts with cancellation penalties

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.

+10-30%

in gross revenue

4.8 stars

guest rating

5+ years

managing STRs

What you get with Awning in Aspen, Colorado

Taking care of your home

Awning’s team ensures your home is maintained and stocked well and always ready for its next booking.

Making guests happy

With an always available operations and support team, we’re available to take the 2am call about the toilet to make your guest happy.

Attract the most guests

We use our data and best practices to ensure your listing performs as well as possible and makes you the most money.

Unlock your home’s potential

Schedule a call to learn more about Awning’s Short Term Rental Property Management Service.

Connect with a property manager

Get in touch about full-service vacation rental management.

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FAQ

What is vacation rental management?

Vacation rental management is the full operation of a short-term rental property, including listing optimization, booking coordination, guest communication, cleaning, and maintenance to maximize revenue and satisfaction. It’s ideal for owners who want a hands-off income stream. Learn how it works with Awning’s vacation rental management services.

How does Airbnb management work?

Airbnb management covers optimizing your listing, managing bookings and calendars, messaging guests, coordinating cleaning and repairs, and adjusting pricing to drive revenue. A professional manager handles these tasks so owners can stay passive.

What are the benefits of hiring a professional Airbnb manager?

Professional Airbnb managers handle everything from guest inquiries and pricing to maintenance and compliance, resulting in higher efficiency, more consistent occupancy, and better reviews—even while you focus on other priorities. Explore more at Awning’s owner resources.

What is full-service vs half-service vacation rental management?

Full-service management covers everything from listing creation and pricing to guest support, cleaning, and maintenance. Half-service plans handle fewer operational tasks, often leaving cleaning and guest messaging to the owner. See full-service benefits.

Are there restrictions on personal use for properties under Awning management?

Owners can block dates on the calendar for personal use as long as it doesn’t conflict with existing bookings. Discuss your calendar preferences directly with your Awning advisor. Start with Awning contact & advisor scheduling.

How much are Awning property management fees?

Awning’s full-service vacation rental management fees start at 10% of monthly revenue, depending on property type, location, and services needed. This competitive pricing includes core management but may vary with additional offerings. See the full breakdown at Airbnb management fees explained.

What services does Awning vacation rental management offer?

Awning handles all key short-term rental management services, including:

  • Listing optimization & marketing
  • Dynamic pricing models
  • Guest communication & calendar management
  • Cleaning, linen, and restocking
  • Pool, hot tub & lawn maintenance
  • Smart home automation & guidebooks

Explore the full services list at Awning vacation rental management services.

Can Awning help me convert a rental property or home into an Airbnb?

Yes — Awning assists owners from property selection and furnishing to final setup and ongoing management so your home is optimized for revenue on Airbnb and other platforms. Start with Awning’s get started page.

How does Awning compare to Vacasa?

Awning delivers full-service management at a lower starting percentage and greater fee transparency than Vacasa, which typically charges higher rates with additional service costs. See Vaasa Fees explained.

How does Awning compare to Evolve?

Unlike Evolve’s half-service model, Awning provides full operational support including cleaning, pricing, and guest communication for a truly hands-off experience. More on full vs half service.

Does Awning offer insurance for hosts and their properties?

Awning provides tailored insurance options that cover property and income risks related to short-term rental activity. Ask your advisor for a tailored quote.

Will Awning maintain amenities like pools and hot tubs?

Yes — Awning coordinates maintenance for features like pools, hot tubs, and outdoor areas so amenities remain guest-ready and compliant. These are part of Awning’s property maintenance services.

What is the pet policy for properties under Awning management?

Pet policies are set by the property owner. Awning supports owner-defined pet rules and can assist with additional cleaning or maintenance plans as needed. Link to your preferences via Awning support.

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