Start A Ski Destination Vacation Rental Business - Business Ideas

Updated: September 15th, 2022
Start A Ski Destination Vacation Rental Business

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Starting a ski destination vacation rental business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell ski destination vacation rental, or selling ski destination vacation rental online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size
$371M
starting costs
$18.9K
gross margin
43%
time to build
270 days
growth
Organic social media
business model
Subscriptions
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs

Equipment & Supply Expenses

$66

$1,200

Retail Business Expenses

$1,250

$11,650

Inventory Expenses

$350

$14,750

Advertising & Marketing Costs

$75

$9,636

Software Expenses

$0

$425

Website Costs

$13

$215

Total Startup Costs

$1,754

$37,876

Successful Businesses

Business URL Rank

Big Sky Resort

bigskyresort.com

164,634

Top Ski Resorts Worldwide

ski.com

169,768

Florida Vacation Rentals

floridarentals.com

239,502

Grand Targhee Resort

grandtarghee.com

449,299

Find Rentals

findrentals.com

486,730

Luggage Forward

luggageforward.com

600,083

SkyRun Vacation Rentals

skyrun.com

609,444

Big Bear Cabins

destinationbigbear.com

655,582

AnnaMaria.com

annamaria.com

700,741

Vacation Home Rentals

vacationhomerentals.com

702,496

Resort Residences: Space of a Home + Services of a Hotel

vacatia.com

732,231

Pros & Cons

Pros Description

Rewarding work

Starting a ski destination vacation rental business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Meaningful business connections

You never know who you will meet as a ski destination vacation rental business. This could be the start of an incredible business opportunity!

Daily physical activity

Ski Destination Vacation Rental Business's typically involve a much greater degree of movement than other lines of work. Most days, you will spend your day walking, running errands for your business, and performing a multitude of tasks. This can have a positive impact on energy levels and your overall health.

Amazing perks and discounts

Working in the ski destination vacation rental business comes with its perks! As a seller for these products/services, you typically also get to enjoy industry perks and discounts.

You are your own boss!

With starting a ski destination vacation rental business, you are the one to make decisions for almost all of the operations. Calling the shots can be empowering and liberating!

Local Community

One of the best parts of starting a ski destination vacation rental business is that you can develop a local following by selling your products at craft shows, farmers' markets, or even local storefront businesses! This gives you access to additional revenue streams and loyal customers.

Cons Description

Crowded Space

Competition is high when it comes to your ski destination vacation rental business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Finding The Right Supplier

Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.

Motivation of employees

If you plan to have a sales/content team on board, finding creative ways to motivate them can be a challenge. It's important that you're able to offer great incentives and a good work environment for your employees.

Low margins

The gross margins for your ski destination vacation rental business are typically around 43%, which can make it more challenging to incur new expenses and maintain profitability.

High employee turnover

In the ski destination vacation rental business, employee turnover is often high, which can be quite costly and time consuming for your business. It's important to try and avoid this as much as possible by offering competitive pay, benefits, and a positive work environment.

Taxes

As a ski destination vacation rental business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.