Hot Springs National, Arkansas Short-Term Rental Market Overview

Population: 37,930
Annual Visitors: 165,210
Total STRs: 2,186
ADR: $201.72

Visitor Profile

Visitors to Hot Springs National often seek a rejuvenating escape immersed in natural thermal springs, historic bathhouses, and scenic outdoor adventures. These travelers typically include wellness seekers eager to experience healing mineral waters and spa treatments, as well as history buffs drawn to the iconic Bathhouse Row and the rich cultural heritage preserved within the park. The town’s reputation for outdoor activities, including hiking the Ouachita Mountains and exploring nearby lakes like Lake Ouachita, appeals to adventure-minded tourists looking for both relaxation and outdoor exploration. For a comprehensive overview of the region’s attractions, hosts can direct guests to the official Hot Springs National Park website, which highlights the area’s historical significance, natural beauty, and various recreational opportunities.

Top Attractions

Nestled in the Ouachita Mountains of Arkansas, Hot Springs National Park is famed for its natural thermal springs, which have drawn visitors for centuries seeking healing and relaxation. The park’s historic bathhouses, particularly those along Bathhouse Row, offer a glimpse into its illustrious past as a premier health and wellness destination. Visitors today can indulge in soothing thermal baths, explore the park’s scenic mountain views, and learn about its rich cultural history through various exhibits and guided tours.

Beyond the famed springs, the area boasts a plethora of outdoor activities, including hiking, boating, and horseback riding, making it an ideal spot for outdoor enthusiasts. The nearby Garvan Woodland Gardens and the panoramic Hot Springs Mountain Tower enhance the experience, providing breathtaking vistas and beautiful landscapes. Whether you’re interested in relaxing in historic baths or exploring vibrant natural scenery, Hot Springs offers a diverse array of attractions that make it a must-visit destination for relaxation, adventure, and cultural discovery.

Regulations

Short-term rental hosting in Hot Springs National, Arkansas, involves navigating a nuanced regulatory environment aimed at balancing tourism growth with community wellbeing. Hosts should anticipate certain requirements, including permits, tax obligations, and adherence to zoning laws, which are designed to ensure safety and maintain neighborhood character. This framework reflects a broader local emphasis on responsible hosting, with specific rules that may affect how and when a property can be rented on a short-term basis.

Key Regulatory Considerations:

– Licensing and Permits: Typically, hosts are required to obtain a short-term rental permit or business license from the city or county authorities. These permits often involve an application process, renewal requirements, and fees varying by locality.

– Primary Residence Requirements: Many jurisdictions in Arkansas, including Hot Springs, may enforce rules requiring the short-term rental property to be the host’s primary residence or limit the number of days a property can be rented annually. It is advisable to verify if such limitations apply specifically in Hot Springs National.

– Zoning and Location: Short-term rentals must comply with local zoning ordinances, which can restrict rentals in certain residential zones or require registration with the planning department.

– Occupancy, Health & Safety: Hosts must ensure compliance with safety standards, including smoke detectors, carbon monoxide alarms, and fire extinguishers, as well as adhere to occupancy limits set by local codes.

– Tax Obligations: Hosts are generally responsible for collecting and remitting transient occupancy taxes (hotel or lodging taxes) imposed by the city or county, as well as sales taxes where applicable.

– Operational Standards & Enforcement: Rules often address guest behavior, noise control, advertising disclosures, and the maintenance of the property to avoid nuisances. Non-compliance can result in fines, permit revocation, or other penalties.

Given the specificity and potential evolution of regulations, which can be influenced by local ordinances and state law, hosts should consult the official Hot Springs municipal resources directly for authoritative and current guidance.

For the most current and legally binding information, property owners should consult the City of Hot Springs Official Website and look for sections related to business licensing, planning, or taxation where short-term rental regulations are published.

Hot Springs National, Arkansas Market Performance Trends

LTM Avg. Daily Rate$199.00
LTM Occupancy Rate43.3%
LTM Avg. Revenue$2,343

Hot Springs National, Arkansas Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:71.7% Booked
  • 4-6 Months:71.6% Booked
  • 7-9 Months:49.1% Booked
  • 10-12 Months:4.3% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Hot Springs National, Arkansas Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

  • Overall Rating:4.85 / 5
  • Cleanliness:4.88 / 5
  • Location:4.91 / 5
  • Value:4.85 / 5
  • Accuracy:4.91 / 5
  • Check-in:4.95 / 5
  • Communication:4.94 / 5

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