Dripping Springs & Driftwood Market Overview
As of 2024, Dripping Springs & Driftwood is home to 830+ short-term rental properties. We have conducted a thorough analysis of the earnings from the below property types. Here, we present the potential earnings and occupancy rates, categorized by the number of bedrooms. Potential revenue Is assuming optimal design and hosting strategies are employed.
Average Occupancy
Average Annual Revenue
Potential Annual Revenue
Vacasa
I Love Dripping Springs
GuestSpaces
Hill Country Premiere
Upstay
French Cowboys
Hills of Texas
Cozi
AvantStay
Above Vacation
4 bedroom
71%
$126K
$159K
5 bedroom
52%
$114K
$133K
Guest reviews are crucial for a property's success, impacting rankings, bookings, and revenue. Negative feedback can significantly harm a property's reputation and discourage potential guests. Larger management companies often receive below-average reviews due to their inability to provide the personalized service that smaller, boutique firms can offer. In short-term rentals, any average review below 4.8 is deemed poor, and such ratings prevent hosts from achieving Superhost status and appearing at the top of search results. Our analysis of the Wimberley market shows that the largest companies tend to have the lowest ratings and are known for poor guest experiences.
Average Guest Review
4.5
4.85
4.76
4.6
4.47
4.87
4.71
4.83
4.73
4.8
6 bedroom
47%
$145K
$172K
7 bedroom
62%
$220K
$220K
Lost Revenue
-40%
-21%
-15%
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Dripping Springs & Driftwood Market Overview
As of 2024, Dripping Springs & Driftwood are home to 830+ short-term rental properties. We have conducted a thorough analysis of the earnings from the below property types. Here, we present the potential earnings and occupancy rates, categorized by the number of bedrooms. Potential revenue Is assuming optimal design and hosting strategies are employed.
Average Occupancy
6 bedroom
47%
Average Annual Revenue
6 bedroom
$114K
7 bedroom
$133K
Ave Guest Review
4.71
Lost Revenue
N/A
Ave Guest Review
4.73
71%
4 bedroom
52%
5 bedroom
62%
7 bedroom
$126K
4 bedroom
Potential Annual Revenue
$145K
4 bedroom
$229K
6 bedroom
Guest reviews are crucial for a property's success, impacting rankings, bookings, and revenue. Negative feedback can significantly harm a property's reputation and discourage potential guests. Larger management companies often receive below-average reviews due to their inability to provide the personalized service that smaller, boutique firms can offer. In short-term rentals, any average review below 4.8 is deemed poor, and such ratings prevent hosts from achieving Superhost status and appearing at the top of search results. Our analysis of the Wimberley market shows that the largest companies tend to have the lowest ratings and are known for poor guest experiences.
Vacasa
Ave Guest Review
4.5
Ave Guest Review
4.83
Ave Guest Review
4.83
-40%
Lost Revenue
I Love Dripping Springs
Ave Guest Review
4.85
Lost Revenue
-21%
GuestSpaces
Ave Guest Review
4.76
Lost Revenue
-15%
Hill country Premiere
Ave Guest Review
4.6
Lost Revenue
N/A
$159K
5 bedroom
$220K
7 bedroom
Upstay
Ave Guest Review
4.47
Lost Revenue
N/A
French Cowboys
Ave Guest Review
4.87
Hills of Texas
Lost Revenue
N/A
Lost Revenue
N/A
Lost Revenue
N/A
$172K
5 bedroom
N/A
Lost Revenue
Cozi
AvantStay
Above Vacation