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Tag: short term rentals

  • Trash Caddies Acquires Ragin’ Raccoon to Enhance Services for Short-Term Rental Owners Nationwide

    Trash Caddies Acquires Ragin’ Raccoon to Enhance Services for Short-Term Rental Owners Nationwide

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    Trash Caddies, the most affordable, reliable trash valet solution for short term rental owners and managers, is thrilled to announce its acquisition of Ragin’ Raccoon, a prominent competitor in the space. Terms of the deal were not publicly disclosed.

    This strategic acquisition marks a significant step in Trash Caddies’ mission to deliver unparalleled service quality and innovative solutions to short-term rental owners across the country.

    Neil Kucera, Founder and CEO of Trash Caddies, expressed his enthusiasm for the acquisition, saying, “We are thrilled to bring Ragin’ Raccoon into the Trash Caddies family. Their dedication to high-quality, customer-centric service and their impressive track record make them an ideal fit for our growth strategy. We believe that integrating Ragin’ Raccoon’s expertise will significantly enhance our ability to serve short-term rental owners with even greater efficiency and effectiveness, across a broader spectrum of services.”

    As part of this transition, Justin Pera, Co-Founder and CEO of Ragin’ Raccoon, will assume the role of CEO at Trash Caddies with Kucera shifting to Executive Chairman. This leadership change aims to leverage Pera’s extensive experience and expertise to further drive growth and enhance service offerings. Ragin’ Raccoon’s Co-Founder and COO, Alex Graham, and Operations Manager, Nathan Keen, will also join the Trash Caddies team.

    Justin Pera commented on the acquisition, “Joining forces with Trash Caddies presents an incredible opportunity to expand our reach and impact. I look forward to working closely with the Trash Caddies team to build on our shared commitment to excellence and drive further success in the short-term rental market and beyond.”

    Both companies are dedicated to maintaining the highest standards of service and customer satisfaction throughout the transition and beyond. For more information about Trash Caddies, please visit www.trash-caddies.com or contact support@trash-caddies.com

    Source: Trash Caddies

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  • New Study Finds Paths to More Effective Short-Term Rental Regulations

    New Study Finds Paths to More Effective Short-Term Rental Regulations

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    Dual surveys of STR operators and government officials support reveal opportunities to support local businesses and sustainably manage tourism amongst other community needs

    Today, Rent Responsibly released the 2024 State of the Short-Term Rental (STR) Industry Report, the largest study of its kind exploring the STR industry and the local STR regulatory landscape across the US. 

    Researchers surveyed more than 4,000 STR owners and property managers and more than 2,000 local government staff and elected officials to glean new insights that support strategic decision-making, from how to collaborate on effective community management programs to how to operate more responsible private accommodations.

    The combined surveys yielded more than 130,000 new data points. The full report can be downloaded here.

    Key findings:

    • 94.6% of STR operators supported local businesses through purchases and referrals.
    • Most STR operators (75%) catered primarily to families, followed by wellness travelers, public event attendees, and corporate travelers.
    • 83% of government respondents reported their jurisdiction is facing an affordable housing shortage, citing the cost of building new housing, real estate values, and lack of space to build new housing as the top three factors having the biggest negative impact on their affordable housing supply. Solutions that were deemed most effective in addressing this focused on increasing the new housing supply: opening new space to build new housing (55.3%), supplementing the cost of, or otherwise incentivizing, building new housing (50.5%), and creating more favorable zoning policies (45.9%).
    • A majority of government officials rank tourism as important to their local economies and rank guest spending as highly important to their jurisdictions, second only to property values.

    “Over one million STR owners and managers and more than 30,000 municipalities in the US stand to benefit from the insights uncovered in this study,” said David Krauss, co-founder and CEO of Rent Responsibly, a community and education platform for STR operators. “This report shows there is ample opportunity for short-term rental owners and policymakers to engage on priorities that support local businesses, boost tourism, and respect community needs.”    

    Rent Responsibly partnered with the College of Charleston Office of Tourism Analysis on this research. 

    “This study allowed us to learn about a broad spectrum of local government communities and capture a diverse perspective of approaches,” said Brumby McLeod, Associate Professor and Riley Research Fellow at the College of Charleston. “Particularly interesting to me were the views of staff, their work with short-term rentals, and the perceived effectiveness of their local ordinances. Rent Responsibly continues to get it right by listening to all stakeholders.”

    On Thursday, June 20, Rent Responsibly will host a webinar exploring top results. Registration is free here.

    Support for the research was provided by Vrbo, part of Expedia Group, as well as HostawaySuperhogTouch StayAvalaraHostfullyBreezewayNoiseAwareProper InsuranceDtravelGovOS, and Topkey.

    Source: Rent Responsibly

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  • This might be the new way California cities ban short-term rentals like Airbnb

    This might be the new way California cities ban short-term rentals like Airbnb

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    A group of California residents unhappy with their city’s weak restrictions on short-term rentals are determined to remove most of the rental properties from Long Beach — even if it means taking them out block by block.The Long Beach City Council passed an ordinance in 2020 allowing up to 800 unhosted short-term rentals (STRs) to operate, after discovering that more than 1,000 of these STRs were operating illegally in the city. The law also allows individual neighborhoods to petition their census block, and if more than half of the neighbors sign on, residents can ban unhosted short-term rentals — rentals where the host does not live on-site — from operating in that area.In the Long Beach neighborhood College Estates, resident Andy Oliver spearheaded the community action group called Long Beach Safe Neighborhood Coalition to ban unhosted short-term rentals. The group went door to door in College Estates asking neighbors if they’d support booting these rentals. Last week, the petition prevailed, and now the neighborhood is the first in Long Beach, and the state, to run unhosted short-term rentals off its block.“It’s time to fix the problem and end the civil war that’s raging in our neighborhoods over short-term rentals that are destroying our communities and eroding our housing market. It really boils down to this — what do we want our neighborhoods to be?” the organization wrote in its plea to the city. Oliver co-founded the coalition with Christina Nigrelli and started organizing with other Long Beach neighbors who had undesirable experiences with vacation rental guests from companies like Airbnb and Vrbo. They said vacation rental companies were not always reachable when problems arose with guests. “If you go to a hotel, there’s someone always on staff — a security manager or staff that you can always reach out to. Someone’s available 24/7 at a hotel,” Nigrelli said. “But I live next to a revolving door of guests and no one to really communicate with.”During an April 2 city council meeting, the Long Beach Community Development Department found that hosts were meeting the city’s compliance standards.Right now, Nigrelli said nine other neighborhood petitions are circulating or have been submitted to the city.“We’re hoping that all 10 of these petitions are successful so that we can send a message to the city council that they need to make a change, that this burden of responsibility to get short term rentals, at least unhosted out of the city is falling on the backs of the residents,” Nigrelli said.Airbnb told SFGATE that it implemented a party ban in August 2020 that has seen an over 50% decrease in parties reported to the company. The company added that it has implemented a neighborhood support team where neighbors can report concerns about homes hosted on the platform and a law enforcement portal for law enforcement. Vrbo did not respond to a request for comment.The list of California cities fighting back against short-term rentals is growing. In the Bay Area, Danville and several cities in Marin County, including Sausalito, Larkspur and Belvedere, adopted bans. Editor’s note: This story was updated at 5:17 p.m., May 17, 2024, to include additional information on the Long Beach short-term rental ordinance and unhosted short-term rentals.

    A group of California residents unhappy with their city’s weak restrictions on short-term rentals are determined to remove most of the rental properties from Long Beach — even if it means taking them out block by block.

    The Long Beach City Council passed an ordinance in 2020 allowing up to 800 unhosted short-term rentals (STRs) to operate, after discovering that more than 1,000 of these STRs were operating illegally in the city. The law also allows individual neighborhoods to petition their census block, and if more than half of the neighbors sign on, residents can ban unhosted short-term rentals — rentals where the host does not live on-site — from operating in that area.

    In the Long Beach neighborhood College Estates, resident Andy Oliver spearheaded the community action group called Long Beach Safe Neighborhood Coalition to ban unhosted short-term rentals. The group went door to door in College Estates asking neighbors if they’d support booting these rentals.

    Last week, the petition prevailed, and now the neighborhood is the first in Long Beach, and the state, to run unhosted short-term rentals off its block.

    “It’s time to fix the problem and end the civil war that’s raging in our neighborhoods over short-term rentals that are destroying our communities and eroding our housing market. It really boils down to this — what do we want our neighborhoods to be?” the organization wrote in its plea to the city.

    Oliver co-founded the coalition with Christina Nigrelli and started organizing with other Long Beach neighbors who had undesirable experiences with vacation rental guests from companies like Airbnb and Vrbo. They said vacation rental companies were not always reachable when problems arose with guests.

    “If you go to a hotel, there’s someone always on staff — a security manager or staff that you can always reach out to. Someone’s available 24/7 at a hotel,” Nigrelli said. “But I live next to a revolving door of guests and no one to really communicate with.”

    During an April 2 city council meeting, the Long Beach Community Development Department found that hosts were meeting the city’s compliance standards.

    Right now, Nigrelli said nine other neighborhood petitions are circulating or have been submitted to the city.

    “We’re hoping that all 10 of these petitions are successful so that we can send a message to the city council that they need to make a change, that this burden of responsibility to get short term rentals, at least unhosted [rentals] out of the city is falling on the backs of the residents,” Nigrelli said.

    Airbnb told SFGATE that it implemented a party ban in August 2020 that has seen an over 50% decrease in parties reported to the company. The company added that it has implemented a neighborhood support team where neighbors can report concerns about homes hosted on the platform and a law enforcement portal for law enforcement.

    Vrbo did not respond to a request for comment.

    The list of California cities fighting back against short-term rentals is growing. In the Bay Area, Danville and several cities in Marin County, including Sausalito, Larkspur and Belvedere, adopted bans.

    Editor’s note: This story was updated at 5:17 p.m., May 17, 2024, to include additional information on the Long Beach short-term rental ordinance and unhosted short-term rentals.

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  • Bill that would increase property taxes for Colorado short-term rentals dies in committee

    Bill that would increase property taxes for Colorado short-term rentals dies in committee

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    DENVER — A bill that would have increased property taxes for short-term rental properties died in committee Tuesday following hours-long testimony from property owners.

    Senate Bill 24-033 would have required short-term rentals that are leased for 90 days or more to be classified as lodging properties.

    The lodging tax rate is approximately twice as much as a normal residential rate, according to bill sponsor, State Sen. Chris Hansen, D-Denver. Hansen also intended to increase the threshold for a lodging property from 90 to 200 days.

    Hansen told Denver7 he planned to incorporate an amendment that would require a study to examine the economic and service impact of short-term rentals across the state.

    Politics

    Senate bill increasing short-term rental property taxes likely to be rolled back

    8:10 AM, Apr 15, 2024

    Danielle Anderson, a mortgage lender and short-term rental host, testified against the bill Tuesday evening. She told Denver7 that the bill — in its unamended form — could have widespread implications.

    “I know that I’ve had clients that have considered selling their whole house depending on how this bill plays out,” said Anderson.

    Multiple retirees also testified against the bill, saying they wouldn’t be able to afford their needs if they didn’t rent out a room.

    “Short-term rental hosts are just average everyday people,” said Anderson. “You know, it’s somebody that wants to rent out a basement to offset their mortgage. It’s somebody that wants a dream house in the mountains, and they can only afford it if they have short-term rental income.”

    Some short-term rental owners said they fear a study on the properties could lead to extra fees.

    “I think sometimes that we’re put into this category of hotels, or we’re put in this category of large corporation, but yet we’re just trying to achieve the American dream,” said Anderson.

    Following hours of testimony, the bill died in committee.

    Short-term rental owners testify against bill that would increase their property taxes

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    Jessica Crawford

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  • Joshua Tree’s Housing Boom Is Busted

    Joshua Tree’s Housing Boom Is Busted

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    Joshua Tree’s housing market during its pandemic surge looked like an investment oasis, but instead it may have been a mirage.

    The market in the California desert has dried up after exploding four years ago, the Wall Street Journal reported. Those who bought homes in recent years — which are typically modest, despite some architectural marvels — are facing a difficult dilemma if they choose to sell.

    Joshua Tree home values jumped significantly during peak Covid. In July 2020, the typical value in the area was $217,007, according to the Zillow Home Value Index. Two years later, that number had more than doubled to $467,348. But as of February this year, the typical home value fell to $385,941.

    Approximately 40 percent of the market’s 199 listed homes have seen price reductions, Bryan Wynwood, a local agent told WSJ. Buyers are also grappling with increased interest and mortgage rates from the height of the pandemic, which is having an impact on markets across the nation.

    Wynwood did, however, admit that the price boom was unsustainable. 

    During the height of the pandemic, homes were often sold in under two weeks. But in February, those that did sell were on the market for a median of 106 days, according to Redfin.

    One factor impacting Joshua Tree’s housing market is its popularity as a tourist destination. In 2021, more than 3 million people visited the area, according to the National Park Service. The trickle effect has increased demand — and supply — of short-term rentals, which have nearly doubled in four years, upping competition and dragging down long-term rents.

    Investors who bet on long-term rentals are not making as much money as expected, so buyers are thinking twice about the potential payoff they can deliver in the future. According to one source WSJ spoke with, sales may instead be driven by investors looking at short-term rental assets.

    Holden Walter-Warner

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  • Lake and Hospitable: Pioneering the Next Wave of Short-Term Vacation Rentals

    Lake and Hospitable: Pioneering the Next Wave of Short-Term Vacation Rentals

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    Lake Inc., a pioneer in the vacation rental industry, is thrilled to announce its partnership with Hospitable. This collaboration is set to redefine the short-term rental management sector, providing an unparalleled experience for property owners and vacationers.

    Lake specializes in lakeside properties through its online platform, Lake.com. They partnered with Hospitable to streamline operations and automate rental management tasks. The collaboration offers a seamless and enjoyable experience for property owners.

    This partnership represents a significant stride in the $80 billion vacation rental industry, with Lake.com poised to lead the way in the lakeside rental segment. Hospitable brings its experience building incredible products that gift short-term rental hosts their time back.

    Unique Solutions for Lakeside Rentals

    • Personalized Experience: Tailoring vacation experiences to individual preferences.
    • Efficient Management: Utilizing Hospitable’s AI for streamlined property management.
    • Expansive Reach: Extending the visibility of lakeside properties to a wider audience.

    With one click of a button, Lake customers can use Hospitable Connect to connect their Airbnb account and list their properties on Lake.

    As Lake.com looks forward to creating experiences for vacationers, CEO David Ciccarelli says, “We’re thrilled to introduce this feature, simplifying the listing process for our users, providing more flexibility and efficiency. Seamlessly importing listings from Airbnb empowers property owners to reach new heights in their rental business,”

    “Collaborating with Hospitable will make memorable vacations more accessible and property management more efficient. We’re excited to welcome new hosts to Lake and set them up for success with Hospitable’s help.”

    Pierre-Camille Hamana, CEO and Founder at Hospitable, shared, “We are excited to partner with Lake in order to help lakeside vacation rental hosts manage their properties with ease and provide an outstanding experience for their guests.”

    Lake Inc.’s partnership with Hospitable sets a new standard for excellence in short-term rental management.

    Property owners, known as hosts, can immediately list vacation rental properties starting today. For more information about Lake, visit https://www.lake.com 

    About Lake:

    Lake Inc. offers a unique solution for property owners and vacationers seeking the serenity and beauty of lakefront destinations. Lake.com features vacation homes within a 15-minute distance of a lake. The platform provides a user-friendly interface for easy searching, booking, and reviewing properties, ensuring a seamless and secure vacation booking process. For more information, visit https://www.lake.com

    About Hospitable

    Hospitable, an Inc. 5000 company, gifts short-term rental hosts their valuable time back. Hosts use Hospitable to answer 90% of guest messages with AI-powered automated messaging, to automate their team notifications, and to avoid double bookings with a synchronized calendar across booking channels. Hospitable allows hosts to build their own direct booking website with guest vetting, $5M damage protection, and payment processing built-in. Hospitable also connects with popular third-party online travel agencies such as Airbnb, Vrbo, and Booking.com. For more information, visit www.hospitable.com

    Source: Lake Inc.

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  • Palm Springs Home Market Choked by Airbnb Rules

    Palm Springs Home Market Choked by Airbnb Rules

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    Investors who once saw shimmering profits in Palm Springs Airbnb rentals have hit an impasse.

    A cap on short-term rentals in the Coachella Valley hub has all but frozen the housing market in high-demand neighborhoods, the Los Angeles Times reported.

    Homes sit unsold for months and investors who gobbled up Palm Springs properties during the pandemic now face hundreds of thousands of dollars in losses.

    When the Airbnb platform launched in 2008, it transformed the rental market by making it easier for homeowners to rent out houses and rooms. But then cities started to notice how much housing was lost to short-term rentals. 

    Critics said Airbnbs strip affordable housing from the market, while neighbors complained of waves of tourists and loud, late-night parties, in addition to disputes between hosts and renters.

    As a result, some cities put the kibosh on short-term rentals, according to the Times.

    New York allows such rentals only if the host remains present for the entire stay. L.A. adopted a Home Sharing Ordinance that requires a license allowing hosts to use only their primary residence to rent for up to 120 days per calendar year, providing owners live there at least six months of the year.

    Coachella Valley cities such as La Quinta, Cathedral City and Indian Wells have banned new short-term rental permits entirely. Palm Springs, a mecca for tourism, tried a different strategy to safeguard its identity in the era of Airbnb, Vrbo and RentCafe.

    In 2022, the City Council adopted an ordinance that capped the number of rental certificates in any neighborhood to 20 percent of its homes. 

    Ten Palm Springs neighborhoods are now over the limit, with owners on a waiting list for a rental license that may take years. Homeowners with licenses who sell their properties can’t pass them down to buyers.

    Of the 66 organized neighborhoods in Palm Springs, the 10 over the limit include Desert Park Estates, El Mirador, El Rancho Vista Estates, Gene Autry, Lawrence Crossley, Movie Colony East, Racquet Club Estates, Ranch Club Estates, Sunmor and Vista Las Palmas.

    For the many Palm Springs buyers who snapped up properties to list them on Airbnb, owning one they can’t rent out has negated their plan. And the new ordinance is killing home values in those 10 neighborhoods, real estate agents say.

    Michael Slate, a local agent with Equity Union, said most agents don’t even bother hosting open houses for listings in capped neighborhoods.

    “No one shows up,” Slate told the Times. “Buyers are aware of the cap, and properties on the market in those neighborhoods don’t get a lot of activity.”

    Slate has one client who paid $1.1 million for a home and poured $300,000 into renovations before the cap kicked in. Now, she’s not sure if she could get $1 million.

    Michael Copeland, a real estate agent for Keller Williams based in Seattle, bought a home in March 2022 in the Gene Autry neighborhood for $1.8 million. He obtained a rental license before the ban.

    But now he wants to sell the home, and Gene Autry has the longest waiting list of any neighborhood in Palm Springs, with 32 applications in limbo, according to the Times.

    Copeland listed the home for $1.725 million, then cut the price to $1.595 million. After more than a year on the market, it still hasn’t landed a buyer.

    “One of the things Palm Springs did wrong with this ordinance is not letting licenses transfer when you sell a home,” Copeland told the newspaper.

    Some have tried to persuade the City Council to overturn the cap, but most locals have accepted the new way of life, Copeland said.

    As a compromise, the city has introduced a junior vacation rental certificate that anyone can apply for, whether they live in a capped neighborhood or not. It costs $642 and allows homeowners to rent out a property six times per year. 

    — Dana Bartholomew

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  • Redefining Lakeside Leisure: Lake.com Platform Opens Doors for Property Owners

    Redefining Lakeside Leisure: Lake.com Platform Opens Doors for Property Owners

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    Lakeside property owners now have a specialized platform for listing vacation rentals.

    Lake Inc. today announces the pre-launch of its online platform, Lake, where families can book vacations, family reunions, and time away from the hustle and bustle of the city. Lake is unique because the platform will feature most of its vacation rental properties within 15 minutes of a lake. It offers a new way for nature lovers and adventurers to book vacations by the water to make memories with those they love.

    According to Allied Market Research, the global vacation rentals market is valued at nearly $80 billion in 2023 and is projected to reach $315 billion by 2031, growing at a CAGR of 12.4% from 2022 to 2031.

    More than half of vacation rentals are in resort and rural areas such as Lake Tahoe and Lake Placid, exceeding properties in urban, suburban, small towns, and other areas, leaving a lot of properties vacant outside peak season.

    “We know that vacation homeowners leave properties unoccupied 350 days per year when they could earn money. Likewise, vacationers lack an easy way to rent a cottage or cabin to create unforgettable memories,” says David Ciccarelli, CEO at Lake. “At Lake, we want to reunite family and friends to enjoy experiences that happen only at the lake. By booking a lakeside home, families and groups of friends will have a vacation they can look forward to.”

    Features and benefits of Lake include:

    • Browse cabins, cottages, and homes that are within 15 minutes of a lake
    • Search by location and amenity such as chef’s kitchen, fire pit, or diving board
    • Read reviews from previous guests
    • Book online easily and securely

    Property owners, known as hosts, can immediately list vacation rental properties starting today, with free and paid options. 

    About Lake

    Based in Toronto, ON, Lake Inc. is entering the vacation rental industry with its innovative online platform, Lake.com. Specializing in lakeside properties, Lake.com offers a unique solution for both property owners and vacationers seeking the serenity and beauty of lakefront destinations. The platform boasts a selection of cabins, cottages, and homes, all within 15 minutes of a lake, catering to families and groups seeking memorable lakeside experiences. With a mission to bring people closer to nature and create lasting memories, Lake.com provides a user-friendly interface for easy searching, booking, and reviewing properties, ensuring a seamless and secure vacation booking process. Property owners, or hosts, benefit from the platform’s visibility and reach, gaining an opportunity to monetize their underutilized properties while offering a variety of vacation experiences to guests featured in more than 100 travel guides. As the vacation rental market expands, Lake.com positions itself as a leader in the niche segment of lakeside rentals, contributing to the growing $80 billion industry with its unique focus and commitment to quality and customer satisfaction. For more information, visit https://www.lake.com

    Source: Lake Inc.

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  • U.S. Vacation Rental Direct Bookings to See 36% Jump in Daily Rates Before Summer

    U.S. Vacation Rental Direct Bookings to See 36% Jump in Daily Rates Before Summer

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    Press Release


    Apr 5, 2022

    U.S. vacation rental owners and property managers can expect a 23% rise in average daily rates (ADR), as well as extended stays and earlier summer bookings, according to Lodgify.

    The vacation rental software company today released its second-quarter (Q2) industry forecast.

    The report predicts robust growth in the upcoming months, particularly for businesses relying on direct bookings.

    This forecast confirms vacationers seek quality travel experiences as an extension of COVID trends. 

    The projections are based on over 400,000 bookings, including direct and online travel agency (OTA) bookings, and a comparison with previous reports.   

    Short-term rentals can expect to see daily rates rise by 23% in Q2 with the highest expected ADR of $295 in June. 

    Meanwhile, direct booking ADR is expected to increase at a significantly steeper rate (+36%) than the ADR of OTA (+21%) until summer, compared to Q2 2021. 

    Of the OTAs, Vrbo is expected to see the highest growth in ADR year on year at 32%, compared to Expedia at 30%, Airbnb at 17% and Booking.com at 18%, respectively.

    Lodgify data shows travelers are booking longer stays, with the longest stays near the holidays. These findings align with trends that show remote workers having greater flexibility.

    The average length of stay (LOS) is expected to increase by 18% from 3.5 to 4.2 days during Q2 compared to the same period last year. The LOS for travelers who book directly is expected to grow by 20% compared to 18% for OTAs. 

    Mid-stays (4 to 7 days) are expected to rise from 29% of total bookings in June 2021 to 47% in June 2022. These metrics might be affected by last-minute bookings.

    More confident travelers are expected to book further in advance, with a booking window 8% larger in 2022 – on average 7 days earlier.

    The booking window for direct is expected to be a month earlier at 92 days, compared to an average of 57 days for OTAs.

    One in 3 bookings will be made at least 60 days in advance during the shoulder season, representing 27% of total bookings at the beginning of the year – 4 points more than in 2021. 

    Overall, direct bookings are gaining ground on OTAs, as guests continue to seek quality and personal contact with hosts. 

    Direct bookings will make up 23% of total bookings in Q2, a 2% increase from 2021. Overall, there is an expected 5% growth for direct bookings for 2022 compared to 2021.

    Click on the Lodgify Vacation Rental Report (Forecast Q2) for more details.

    About Lodgify

    Lodgify is a vacation rental software with an all-in-one solution that empowers owners and property managers to create their own website and accept online bookings and process credit card payments. Using Lodgify, owners enjoy stress-free reservation management and synchronization of channels.

    Contact: Alberto Fernández (press@lodgify.com)

    Source: Lodgify

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  • Waivo™ Reinvents Vacation Rental Damage Protection

    Waivo™ Reinvents Vacation Rental Damage Protection

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    Designed by leading experts in the vacation rental industry, Waivo is the perfect solution to the dreaded security deposit

    Waivo was created by the founders of Proper Insurance, which is the largest insurer of vacation rental homes in the nation. Crafted with property managers in mind, Waivo is turning the vacation rental damage protection world upside down by putting the control and revenue stream back into the hands of managers. Waivo™ is damage done right.

    Whether a vacation rental manager is still handling security deposits, or currently working with another damage waiver vendor – Waivo is a better solution. The program offers the broadest protection in the industry, peace of mind for owners, a seamless solution for guests, and an additional revenue source for managers.

    To learn more, contact a Waivo representative today. 

    Source: Waivo™

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