People are traveling, but they still want to save, and nothing helps a savvy traveling family save like a home rental.
In addition to job growth the travel industry is also seeing a higher number of travelers this year, responding to lower gas prices and higher job stability. The U.S. Travel Association forecasts a national 3% gain in travel this summer season, May through October.
HomeAway (NASDAQ: AWAY) is one company that is well positioned to take advantage of the summer travel season.
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Tags: vacation homes
Professionalizing Short-Term Rental Sector Offers Opportunities for Operators: New Skift Research
Short-term rental platforms like Airbnb and Vrbo are increasingly reliant on professional property managers to provide quality inventory. This considerably closes the gaps of service standards and reliability between the rental and hotel industries, which brings key opportunities for rental operators.
Wouter Geerts, Skift Research | 4 months ago
Vacation Rental Brands Consult the Hotel Playbook Ahead of Summer Surge
Vacation rental companies want to mimic hotel companies with brand standards around cleaning and other operations, but they're also facing similar problems as hotels when it comes to labor.
Cameron Sperance, Skift | 4 months ago
Hospitality Companies Follow Pandemic Demand by Offering Villa Rentals
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Cameron Sperance, Skift | 7 months ago