With the revenue potential for short-term rentals increasing, supply is growing steadily once again. But what is this new supply? Who are the new hosts joining the party? For existing short-term rental property managers, this information is important, as understanding competition is will play into strategy. So, amid the growing vacation rental supply: who are the new STR hosts?
Data
How significant is vacation rental growth in your European Destination?
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.
Monitor your destination with data for DMOs
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.
Impact of the 2022 Champions League Final on Paris Short-term Rentals
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?
New vacation rental data tracker: demand trends facing property managers in 2022
In Q1, our tracked continents registered positive vacation rental reservations with respect to pre-covid levels for the first time. The headline: short-term rental demand has exceeded pre-pandemic levels. We wipe the slate clean to look at demand trends facing vacation rental property managers in 2022. To mark this moment, we have launched a brand new vacation rental data tracker. It’s a free resource, where you can explore more of the insights below.
Free vs PRO vs BI: which transparent data dashboard is best for you?
We explore which Transparent vacation rental data dashboard is best for you as we look at the ways in which each will help you to optimize your property management strategy, and maximize your revenue. Vacation rental data is invaluable – explore here which dashboard is the best solution to help your business grow
Is my vacation rental listing underpriced? The devil in the details
A property manager in Colorado recently got a new view into their market. Their 3 bedroom home was consistently booked and earned enough to cover its expenses – by most measures a success story! Yet when looking at the full picture, how successful? Like so many other property managers, they started to wonder “is my vacation rental listing underpriced?”
Utilising internal reservations data & market data to optimize property manager performance
As a revenue or property manager, how do you improve performance? The first step is internal reservations data & market data, which allow you to project, set targets, track progress & identify key adjustments. We look at types of vacation rental data, applications & resources including Transparent tools.
Vacation rental distribution: How Airbnb, Vrbo & Booking.com OTAs compare
This article dives into how Airbnb, Vrbo & Booking.com OTAs compare, and what it all means for vacation rental distribution.
OTA performance through the recovery is relevant to some degree, and whilst there are some core, widely acknowledged differences, a data-based look at the shape of each short-term rental OTA is a huge step towards understanding your short-term rental distribution. What does the average listing look like? (Who you’re competing with) and what does the average booking look like? (Who your guests would be). Read on for the importance of distribution strategy and OTA comparisons.
European Travel Will Not Fully Recover Until 2024
Despite a major recovery this summer, European travel volumes are still behind the pre-pandemic days, which are not expected to be surpassed until 2024. The most recent edition of the ‘European Tourism Trends & Prospects’ quarterly report from the European Travel Commission (ETC) continues to monitor COVID-19 impact on the sector, examining how travel is rebounding amid the current wave of infections and ongoing vaccination programmes.
DMOs & data: how tourism organizations should approach short-term rental analysis
Vacation rentals represent a significant sector of accommodation in every market worldwide. So how do you understand their impact, demand, revenue and growth? Data. In this article we dive into DMOs & data: how tourism organizations should approach short-term rental analysis to answer their questions & strategise effectively for their whole market.