Greater Media Newspapers: Profiting off other people’s sabbaticals It’s been said that the key to happiness is to live each day like you’re on vacation. Many accomplish this goal by owning a vacation home or second residence, which not only can serve as an ideal getaway spot for personal relaxation and recreation, but also as a serious income generator that can make every day feel like a holiday....Read more
Guests are seeking the upside of a traditional hotel experience while increasingly valuing privacy. So how do you deliver the ultimate guest experience at a vacation rental? Start with these 5 services:...Read more
Pricing efficiencies lead vacation rentals operated by professional property managers to earn more daily revenue and have higher occupancy rates than those managed by homeowners, according to findings by the Ross School of Business at the University of Michigan.
Skift: What Americans Really Think About Airbnb and Home-Sharing
In less than a decade Airbnb, the San Francisco-based home-sharing platform worth an estimated $25.5 billion, has become one of the biggest disruptors in the travel space....Read more
Skift: Vacation Rental Startups Attract $100 Million in Funding So Far This Year
Vacation rental startups attracted nearly $100 million in venture capital funding during the first quarter of 2016 with most of the funding concentrated across the U.S. and Europe....Read more
Chicago Tribune: VRBO relents, eases costs for vacation rental owners
Vacation rental giant VRBO has heard angry property owners loud and clear. Starting in July, it will reverse a controversial new fee structure and instead change its business model from tiered listings that cost up to $1,500 a year to a flat fee of $349 a year. However, it will keep a new fee for renters of 5½% to 9% for those who book through the website.
It only takes 7 seconds to make a first impression, and the photos of your vacation rental determine if travelers decide to read the rest of your listing. You may never live down that photo day when you forgot to comb your hair but here’s how to make sure your home is picture-perfect....Read more
While renting out your property requires a lot of management, this effort is often worth it if you can make enough income. Read this article discussing the most important factors to successfully renting out your vacation home and maximizing the revenue it generates....Read more
A challenge many vacation rental owners and property managers face is how to get their listing to stand out from the crowd, since there are more than one million vacation rental listings on both the HomeAway family of websites and Airbnb. Successfully differentiating your property will lead to more inquires, bookings, and revenue....Read more
Vacation Nest: Thinking About Turning Your Second Home Into a Vacation Rental? If you own a second home or are thinking about buying one, chances are you’ve probably thought about renting it out to offset some of your costs. And who can blame you? With the growing popularity of sites like HomeAway, FlipKey and VRBO, it seems easier than ever to market your home to potential renters....Read more
tnooz: Airbnb, HomeAway, TripAdvisor, Booking, and Rented talk vacation rentals
The mainstreaming of vacation rentals, regional consolidation, regulation and technology-driven operational efficiency were themes at the closing session of the annual Vacation Rental Managers Association conference.
Panelists from TripAdvisor (which owns FlipKey), Airbnb, HomeAway and Booking.com spoke on the theme of “The Next 30 Years.”...Read more
Skift: The Vacation Rental Marketing Edge of the Big Booking Sites A big value proposition for partnering with a vacation rental distribution partner is reaping the benefits of a modern, fast and content-rich website. The best sites are evolving their search engines to best match guests and hosts based on their respective needs. They’re giving searchers more accurate results that are close to exactly what they’re looking for; and conversely ensuring hosts are receiving requests from guests that fit their wants....Read more
The Independent: Austin-Based TurnKey Expands to South Coast Market
The vacation rental market is huge and only getting bigger. It generated around $110 billion in the United States and Europe last year, and while that’s only one-third of what the hotel industry took in, the corner of the short-term sharing economy is growing by 10 percent a year.