the rise of short term vacation rentals

8
The Rise of Short Term Vacation Rentals Presented by

Upload: pillowhomes

Post on 08-Feb-2017

224 views

Category:

Travel


4 download

TRANSCRIPT

Page 1: The Rise of Short Term Vacation Rentals

The Rise of Short Term Vacation Rentals

Presented by

Page 2: The Rise of Short Term Vacation Rentals

115 Million 43 MillionTRAVELING ADULTS

IN THE USAHAVE NEVER TRIED VACATION RENTALS

An Industry of Massive Potential

$85 BillionGUESTS ARE

SPENDING $85B

Page 3: The Rise of Short Term Vacation Rentals

An Industry of Massive Potential

$22.5 Billion$19.3 BillionAIRBNB

Valuation HILTONMarket Cap $16.5 Billion

MARRIOTTMarket Cap

*Figures from Jan 2016

Page 4: The Rise of Short Term Vacation Rentals

129 MM Primary Homes

4 MM Second Homes

42 MM Investment Properties

Short Term Rental Supply Potential

Page 5: The Rise of Short Term Vacation Rentals

Short Term Rental Demand

30-40% of Airbnb travelers would not have taken their trip if it weren’t for vacation rentals.

80% of travelers say they would return to a vacation rental within 2 years.

blog.pillowhomes.com/?p=837

Last year, 17% of sharing-economy users found a place to stay through sharing economy lodging options, which is up 10% from the year before.

Page 6: The Rise of Short Term Vacation Rentals

Top Reasons Guests Book Vacation Rentals

Image: Wyndham Vacation Rentals

Page 7: The Rise of Short Term Vacation Rentals

Based upon the latest industry trend reports, the vacation home rental industry will continue to

expand.

As the number of vacation rentals increase, guests will be afforded the opportunity to find

the perfect rental.

The supply potential is massive.

Page 8: The Rise of Short Term Vacation Rentals

Vacation Rental Management Reinvented Key Exchange ▪ Dynamic Pricing ▪ Listing Optimization ▪ Professional Cleaning ▪ 24/7 Guest Support

www.pillowhomes.com