We explore the evolution of short-term rental accommodation across over 20 key hotel markets– and the ramifications for tourism and hospitality stakeholders. So, what are the key hotel destinations with fastest vacation rental growth over the past year?
Today’s article is the last in a series of 3 painting the picture of short-term rental growth in the globe’s largest vacation rental cities. By assembling the pieces of vacation rental supply and demand growth across key markets, our expert team reveals the revenue growth in key destinations as DMOs track revenues in their market.
Through short-term rental data analytics, we illuminate the upward trajectory of vacation rental booked nights across global cities between June 2022 and June 2023. The second in a series of three articles analyzing market growth between this period, today’s report focuses on assessing short-term rental market demand growth.
Transparent shares the most comprehensive and granular short-term rental database in the industry and, through public and proprietary data, can build unparalleled visibility of various supply and demand trends. RevPAR (revenue generated per room) in given zip codes, who is visiting, what the competitive landscape looks like, ratings, how prices or occupancy are trending – to name a few – can guide your decision-making and fuel improved returns. When combined with geospatial analysis, this data tells a whole new story.
Destination data encompasses visitor demographics, demand patterns, economic impacts & supply trends– all the while driving partnerships and sustainability. Today we explore 5 ways DMOs enhance their analytical capabilities to stay relevant. Alongside, we include real-life success stories to elucidate how destination data is being used to magnify and reinforce a destination’s full potential.
Delve into short-term rental and hotel outlook with us, comparing the demand and rates of accommodations during 4 of the most highly anticipated global sporting events this year. Below we extract insights into sports tourism on short-term rentals and hotels from our Global Hospitality Summer Outlook report.
Transparent is pioneering the shift from traditional reporting to the seamless and automated PM-oriented KPI methods global managers use to impress their owners today. With the Transparent property management Owner Report, proactively communicate high-tech custom reports that demonstrate accountability, provide full financial transparency, support decision making and maintain a strong working relationship with property owners.