With vacation rental demand climbing again, and average daily rate (ADR) higher than ever, vacation rental management is a more attractive business prospect than ever. This new and improved potential is causing supply and professional competition to grow. So, how significant is vacation rental growth in your European Destination? Today we look at the vacation rental data for countries and cities in Europe experiencing the greatest growth since 2019.
With vacation rental demand back on its upward trajectory and ADR hitting new heights, vacation rental management is a more attractive business prospect than ever. These prospects are causing supply, and most importantly professional supply, to grow. So, how significant is vacation rental growth in your US Destination? Today we look at the US States and cities experiencing the greatest growth since 2019.
A challenge for destinations, DMOs, tourism bodies & municipalities is accurately tracking the scale and nature of short-term rentals; as they are much more fragmented than traditional options. Short-term rental data for DMOs serves exactly that purpose, consolidating supply, occupancy, revenue and more to clarify the landscape, allowing you to communicate and strategize effective Here, we explain how to start to monitor your destination with data.
Now the other side of COVID restrictions, with even the requirement for testing being dropped for international visitors, what do US vacation rental guest demographics look like?
We chart the rise in domestic guests in US vacation rentals in 2022. Where does your market sit? How should it impact your property management?
While the pandemic played havoc with travel liberties across the globe, restrictions were somewhat less stringent in the United States. As a result, Summer 2022 appetite has been slightly curtailed compared with Europe for example. We have analysed Summer occupancy in top US vacation rental markets to identify those performing best and worst.
It’s here! The Transparent x OTA Insight report on hotel & short-term rental performance ahead of Summer 2022. Understand how current Summer performance is stacking up across global destinations, with a dive into pricing, demand & occupancy versus previous years for short-term rentals, hotels & even flights. Read our highlights & view the full report…
Just 6 months to go until the FIFA World Cup! We’ve seen the effects of international events in certain markets (Champions League final). So, what is the impact of Qatar 2022 World Cup on short-term rentals? We explore current vacation rental data for not just Qatar, but neighbouring Arabian nations also, including occupancy, pricing & supply.
We go one step further by publishing our forward looking, on the books occupancy. Guess what – Summer 2022 vacation rental data shows unprecedented demand. See the growth across world regions and European destinations in this article. Explore a real-life example of the importance of this visibility to short-term rental property managers.
For property managers, one of the most challenging dimensions of short-term rental pricing strategy is events. One-off events are especially difficult to handle, with property managers blind as to the levels of demand that can be expected without historical data & how to build strategy optimally. Forward-looking data can demystify the picture, so, let’s explore the impact of the 2022 Champions League final on Paris short-term rentals: What’s the change in pricing & occupancy?
How do you choose the right price for your short-term rental? We talk seriously about setting optimal variable rates. In reality that ‘right price’ will look different on a different platform or date. This is the fundamental principle of dynamic pricing.
Setting optimal variable rates is crucial to a vacation rental property manager’s bottom line. And, while there’s data to inform and automated pricing tools to implement these rates, it pays to understand the principles. So why not read on?!