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Vacatia purchases VSA Resorts to boost management portfolio
Reading Time: < 1 minuteUS: Resort marketplace Vacatia, which provides solutions for timeshare owners, property managers and vacation rental owners, has announced the acquisition of Virginia Beach-based hospitality and vacation ownership company, VSA Resorts. The addition of VSA’s three resorts and association management business means that Vacatia now manages 21 timeshare and 42 whole-ownership homeowners associations with 4,750 units […]
EU considers pan-European rental regulations
Reading Time: 3 minutesBelgium: The EU is consulting on regulating the short-term rental market across the bloc, with the option of a single set of pan-European rules being considered. The Commission says it wants to support an expansion of competition and players in the sector but also respect EU law which allows for Member States to apply local […]
Google announces combined rental / hotel search product
Reading Time: 2 minutesWorldwide: Google has announced a combined hotel and vacation rental search product at its Marketing Live online event last week, in a further acknowledgment of the blurring lines between the two lodging segments. With the search engine revealing that searches for ‘beach rentals’ and ‘staycations’ had grown by more than 100 per cent globally over […]
Short-term rental rates rise near Chicago
Reading Time: 2 minutesUS: Though the Chicago hospitality market is still struggling as a result of the pandemic, areas within driving distance of the city are seeing rate growth. According to AirDNA, bookings on Airbnb rose 200 per cent in popular vacation spots Saugatuck, Michigan, and Lake Geneva and Door County, Wisconsin. Tim Radunez, a local host, said […]
Rented.com reveals the 100 best places to buy a vacation rental in 2020
Reading Time: 3 minutesUS: Revenue management service Rented.com has revealed the top 100 places in the United States to buy a vacation rental in 2020 in its fifth annual “100 Best Places to buy a vacation rental” report with Weiss Analytics. The report is designed as an initial guide for those who are interested in selling, buying or […]
Palm Beach holds off on reopening vacation rentals
Reading Time: 2 minutesUS: Though vacation rentals were set to reopen on the 15th of June, Florida’s Palm Beach County has paused measures due to rising Covid-19 moments. The state of Florida has seen a significant rise of coronavirus infections, recording 5,511 new cases this week, breaking previous records. The county had announced an end to the rental […]
Vacation Rentals backs down on no-refund policy after CMA probe
Reading Time: 3 minutesUK: Vacation rental site Vacation Rentals, which owns holiday lettings firms such as Hoseasons and Cottages.com, has reversed its decision not to offer refunds to all customers whose trips had been cancelled to the coronavirus outbreak, following an independent probe by industry watchdog The Competition and Markets Authority [CMA]. The CMA confirmed that Vacation Rentals […]
Hawaii vacation rentals report 5 per cent occupancy in April
Reading Time: 2 minutesUS: Vacation rentals in the destination state of Hawai’i reached only 5 per cent of total occupancy in the month of April. This represents a 68 per cent drop in total occupancy from last year. Covid-19 travel restrictions have created a global drop in travel demand which has led to record low visitor numbers for […]
UK vacation rental bookings spike 716 per cent between April and May
Reading Time: 2 minutesUK: Data from online booking platform eviivo has shown that bookings for vacation rentals between 1 April 2020 and 6 May 2020 are three times more than hotel bookings for the same period. Overall, there has been a three-fold increase (276 per cent) in the number of holiday bookings between April and May, with nearly 60 per […]
Rentals on Florida’s Space Coast active in spite of ban
Reading Time: 2 minutesUS: Though the state of Florida has currently implemented a ban on short-term rentals, many properties in Brevard counties are still available to rent. According to Florida Today, at least 300 rentals are still available on Airbnb’s site along the state’s Space Coast. Florida’s vacation rental community has been in turmoil since governor Ron DeSantis […]