Articles tagged “vacation rentals”

Multiple homeowners are a growing segment of the luxury travel market, so learning to speak and appeal directly to their unique desires is a necessity for any luxury travel provider.

Just as entrepreneurs once sold pickaxes to prospectors in the California gold rush, TurnKey is one of many companies selling services to property owners in today's vacation rental gold rush.

Airbnb, Booking.com, and other giants in vacation rental bookings aren't providing the branding and technology needed by professional property managers in resort destinations. RedAwning's model points to one of several ways to fill the gap.

Wyndham Destination Network has positioned itself as the largest property management company in vacation rentals, and is now using its size to optimize performance by rolling out company-wide yield management and cross-selling abilities.

TripAdvisor's power to leverage vast amount of data and traffic, alongside the acquisitions of multiple companies, has already positioned the company as the one of the largest marketplaces in the industry.

Onefinestay's parent company, Accor, and homesharing juggernaut, Airbnb, aren't the only companies interested in the traditional vacation rental market.

Professionally-managed and do-it-yourself rentals are two very different types of hospitality businesses. Airbnb lit the spark, but there's still plenty of room to grow and to gain market share.

This has been the year that Wyndham stepped up its interest in urban rentals. It still lags behind Airbnb in terms of the overall numbers but is banking on its tag-line of "peer-to-peer plus" winning over potential hosts and travelers.

Vacation rental owners and property managers are using technology solutions to mitigate their risks in an era when they face the prospect of getting pushed into irrelevancy by the large distribution platforms if they don't agree to instantly confirmable bookings. Buck the instant booking trend? The penalty is seeing their listings drop toward the bottom of the heap.

Once again it is consumer behavior that is driving change in online travel -- this time for vacation rental bookings and instantly confirmable online bookings. OK, Expedia's acquisition of HomeAway and Airbnb's goal to curb racism on its platform are also pushing things in the instantly bookable direction. When companies are sluggish in adapting to consumer trends, as HomeAway was to a certain extent in its standalone incarnation, they suffer.