Travel is under particular scrutiny for sustainability. As a result, travellers are seeking sustainable options and hosts wish to make better choices and be highlighted as having done so. Furthermore, rises in energy costs are providing further motivation. So, how sustainable are short-term rentals, and do sustainable listing badges increase short-term rental occupancy?
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…
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.