Granby Voted Best Summer Family Destination by Airbnb: A Look at Colorado’s Thriving Short-Term Rental Market

As the summer of 2023 drew near, families across the United States eagerly anticipated their well-deserved vacations. Early indicators showed a surge in popularity for family trips, surpassing the numbers from the previous year. A favored choice for accommodation are short-term rentals, which offer a flexible and comfortable stay for families of all sizes. Granby, Colorado, emerged as the frontrunner, earning the title of the best summer family destination, according to Airbnb.

Short-term rentals, defined as nightly or weekly rentals for fewer than 30 days, have become a cornerstone of modern travel. Platforms like Airbnb, Vrbo, and Trip Advisor facilitate seamless bookings, providing families with a range of options to suit their needs. Particularly popular are properties boasting two or three rooms, allowing families to stay together and create cherished memories.

One essential aspect of short-term rentals is the lodging tax, which is applicable to these temporary stays. This tax contributes to local economies, benefiting the communities that host these vacationers. The thriving tourism industry in Colorado, known for its breathtaking landscapes and outdoor activities, is a prime example of this economic boost.
According to Airbnb official Nicolette Velazquez, Colorado consistently ranks high in first-half bookings, further solidifying its status as a top tourist destination. Remarkably, nearly 30% of the guests who booked accommodations in Colorado in 2022 were from within the state, showcasing the allure of local travel.

Additionally, the impact of tourism on communities goes beyond financial gains. Velazquez emphasized that travelers actively contribute to the local economy by exploring natural areas and dining at neighborhood restaurants. This symbiotic relationship between tourists and their host cities creates a vibrant and dynamic environment.

In 2022, House Bill 22-1117, a lodging bill, was passed, marking a significant development in the state's approach to lodging taxes. Governor Jared Polis signed legislation allowing communities to allocate lodging taxes differently. Previously earmarked primarily for tourism marketing, now county governments can allocate up to 90% of these taxes for affordable housing and childcare. reserving just 10% for tourism promotion. This shift in focus reflects a broader understanding of the diverse needs of communities.

In addition to permissions and fees that vary depending on the specific properties, Grand County imposes a 1.8% lodging tax on short-term rentals. This combination of taxes and fees contributes to the overall welfare of the county.

In a landscape where travel preferences evolve, short-term rentals have emerged as the cornerstone of modern vacations. Granby's recognition by Airbnb as the best summer family destination underscores the appeal of Colorado and its thriving short-term rental market. As communities adapt and find innovative ways to utilize lodging taxes, the future of travel in the state looks promising, with benefits extending far beyond traditional tourism avenues.