Short-Term Rental and Vacation Rental News

Rising supply is a good as long as there is demand at a price that consumers are willing to pay. If not, we are looking at a softening market.

Industry leaders took to the stage in New York City at the Skift Short-Term Rental Summit to share their views on what’s next for this rapidly growing accommodation sector. Here, we highlight nine of the most insightful sessions.

Vacasa's debut in the public market had a significant impact on the short-term rental industry, showcasing its influence as one of the largest branded property managers in the U.S.

Vacasa is a leader in brand building within the short-term rental space, but Skift Research estimates it still relies heavily on third-party booking sites, like Airbnb, for the majority of sales. Management surely hopes to become a majority first-party business – and to earn the margin benefits that follow.

Booking Holdings spent approximately $6 billion on marketing in 2022, which accounted for about 35% of its total revenue, while Expedia Group’s marketing spend was around 47% of its revenue.

The short-term rental industry is experiencing a post-pandemic surge. Listen as industry leaders gather to discuss the future and potential challenges ahead.

Through its extensive research and advocacy efforts, the American Resort Development Association (ARDA) has played a pivotal role in shaping today's timeshare experience, enhancing its flexibility and accessibility while paving the way for a promising future.

Plum Guide is injecting generative AI into much of the way the luxury short-term rental platform operates. It's still early in the process, but there have been some interesting results.

Occupancy levels for US vacation rentals in July 2023 are pacing about 5 percent lower than the previous year, falling from 37 percent to 32 percent. However, rates have only decreased by 4.8 percent due to last-minute discounts, and guest behavior doesn’t seem to be the primary factor.

AvantStay confirmed late Tuesday afternoon it cut 37 employees, or nearly 10% of its workforce.