Tag: rental

Top Markets to Buy a Vacation Rental in 2020

Top Markets to Buy a Vacation Rental in 2020 | Realtor Magazine





Real estate investors are scrutinizing second-home markets in hunt for growth opportunities, even during the pandemic. After all, “travel doesn’t stop when the economy weakens, it changes where people travel,” a new report from Rented Inc., a rental management site, and Weiss Analytics notes.

“In 2020, travelers want to stay closer to home and they are seeking genuine experiences. High on the list are Instagram-worthy, outdoor

How 2020 Played Out: Analyzing Performance in 10 Key Vacation Rental Destinations

How 2020 Played Out: Analyzing Performance in 10 Key Vacation Rental Destinations

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COVID-19’s impact on the travel industry will be analyzed, studied, and debated for years to come. Several sectors, like cruise travel, business travel, and experiences, were almost decimated. In contrast, the leisure-based, whole-home, short-term rental (aka, vacation rental) sector quickly rebounded in areas that were able to reopen. 

Vacation rentals performed better, year over year, than other accommodation types as a whole. However, success varied greatly from one destination to another. There is nothing average about our national average statistics. 

Throughout last year, we heard much anecdotal

Survey Shows 31% of Those Who Traveled after COVID-19 Stayed in a Short-term/Vacation Rental

Survey Shows 31% of Those Who Traveled after COVID-19 Stayed in a Short-term/Vacation Rental


Last week, VRM Intel conducted a consumer survey through Google to get an idea about how many people traveled in 2020 after March (After COVID-19 hit) and where they stayed. 

With 1,860 respondents, the survey showed that 21.5 percent said they had traveled since March 2020. In contrast, 78.5 percent said they had not taken a vacation or business trip since March 2020. 

Of those that did travel, 31.2 percent stayed in a short-term or vacation rental. 53.3 percent stayed in a hotel, while 9.9 percent

Kauai left out as vacation rental recovery improves

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Vacation rental bookings in SC saw an increase for Thanksgiving 2020

The ongoing pandemic didn’t affect travel for the Thanksgiving holiday weekend in Horry and Georgetown Counties based on recent data. 

For the week ending on Black Friday, vacation rental bookings in Horry and Georgetown counties increased from 44.5% booked in 2019 to 65.2% booked in 2020. 

Taylor Damonte, the CCU professor who puts out the school’s weekly tourism update through the Clay Brittain Jr. Center for Tourism said the weather this year may have played a role in that increase. 

“The vacation rental properties had a pretty good fall, this was the first year since 2014 that we didn’t have