Farmers offering on-site vacation rentals to combat rising costs
As farmers face rising operation costs, many are looking for additional ways to bring in more money and some are offering overnight stays on their properties in effort to do that.
TL;DR
- Farmers are increasingly using tourism, like offering vacation rentals, to generate extra income due to rising operational costs.
- Lynette Ralph uses short-term rentals at her horse ranch to stay financially afloat.
- Airbnb and American Farmland Trust have launched a grant program to help farmers earn income through tourism.
- Data shows that some farm households report median losses from farming operations.
- Demand for farm stays is growing, with significant earnings reported by hosts.
- Farm tourism can lead to investments in farm improvements and benefits for local businesses.
- The "Farm to Stay" Grant Program will award grants of up to $10,000 to eligible farmers.