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…
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?
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.
Vacation rental pricing is central to property management. Establishing a base rate with market data – accounting for competitors – is key to your revenue. “The primary aim of revenue management is selling the right product to the right customer at the right time for the right price”. We begin to explore how to get that right price.
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?”
In this article we investigate the growing European short-term rental markets, comparing reservation levels through May with those recorded in May 2019. Not only do we identify the European hotspots emerging in the wake of the pandemic, but in analyzing the short-term rental data, we pick up on trends within these top performers.
Explore hotel & vacation rental outlook in 2021 with us through occupancy, demand & pricing insights.
Transparent & Amadeus combine their extensive datasets to shed light on the reactions of accommodations to the travel trends emerging in the wake of the Coronavirus pandemic.
Read the analysis & download the full report here.