About Colorado River Vacation Rentals
Colorado River Vacation Rentals
Colorado River Vacation Rentals is committed to maximizing the value of your investment while providing guests with an unforgettable vacation experience. With a mission to become the leading vacation rental management company in the tri-state area, we offer personalized management services that ensure both property owners and guests receive the highest level of satisfaction.
The journey began in 2015 when co-founder Michele Dowty, a real estate agent, decided to list her pool home on Airbnb. Initially looking for an additional income stream, Michele quickly realized the immense potential of short-term rentals when her property earned three times more than it would have as a long-term rental. Encouraged by this success, she and her son, Clay Merrigan, pooled their resources to acquire another property, which started generating revenue almost immediately. This discovery confirmed their belief that short-term rentals were the future of the hospitality industry.
Seeing the rising demand for short-term rentals, Clay obtained his real estate license and joined forces with Michele to expand their venture. They soon realized that many property buyers were seeking management services for their rentals, yet options were limited and expensive. Seizing the opportunity, they launched Colorado River Vacation Rentals, offering a more affordable and profitable solution for property owners. In just their first year, they grew from managing zero to 20 properties, and today, their goal remains the same: to help owners make the most out of their investments.