Why Marketing Your Vacation Rentals is More Important than Ever
In 2019, the Travel and Tourism sector was a dominant global force. It enjoyed 3.5% growth, and for the ninth consecutive year, it outpaced global economy growth by 2.5% according to the World Travel & Tourism Council (WTTC). All told, Travel and Tourism contributed a whopping $8.9 trillion to the world’s GDP in 2019 and […]
Six Growing Travel Trends in 2021
In 2020, the COVID-19 pandemic flipped the travel industry upside-down. Navigating 2020 meant learning about what guests want during COVID-19 and tracking important travel trends in order to keep pace, such as the increasingly vital role of online travel agencies. Now it’s time to look at what lies ahead, including COVID travel trends and popular […]
Conquer the Dreaded Production Plateau
At the end of the day, what matters most? Production. Your production is not just a full booking calendar, though that is certainly a big part of it. Your production is also not your reviews, or your content, or your listing placement—though, to be sure, that’s all a big part of it, too. […]
Important Travel Trends You Should Know About
The travel industry looks a lot different today than it did a year ago. And it will look a lot different a year from now than it does today. Recent estimates from the World Travel and Tourism Council (WTTC) show the global economy will absorb a $5.5 trillion loss from the travel and tourism […]
What Guests Want During COVID-19
Flexibility has always been a necessity in the short-term vacation rental industry. In 2020, though, that’s been more true than ever as vacation rental property managers and travelers have been forced to reevaluate what really matters. Months of uncertainty at the beginning of the pandemic eventually gave way to stabilization; restrictions loosened in […]
How Much Should You Earn from Your Vacation Rentals?
The income your vacation properties generate has a floor and a ceiling: how much money you should be making is a lot different than how much money you could be making The vacation-rental market is more competitive than ever, and the data necessary to determine the possibilities on that spectrum can be downright dizzying. […]
A Quick Refresher on Multi-Channel Distribution
Though it can be an extremely complicated arena, the short-term rental industry really boils down to a pair of critical metrics: exposure and revenue. Property managers can’t simply open their doors and expect bookings to flood their calendars. Rentals need to be listed on travel sites, of course, and those listings need to be […]