Saturday, 15 December 2012

Trip Advison - Vacation Rental Trends


Many factors have contributed to a trend of shorter vacations geared for a new breed of Snow Birds. The time honored tradition of escaping the freezing temperatures has slowly changed in recent years. Naples and Marco Island, many local rental managers are preparing for the wave of Snow Birds that visit Bonita Springs, as the winter season approaches in Southwest Florida.

Global Competition

Leading to very competitive prices, prospective guests can quickly compare rates between numerous rental homes and hotels. The web means that the competition is only a click away, for the rental manager. The global competition clearly benefits the traveler. Guests can choose from millions of rental properties from around the world, on the web. The Internet has created a global market for vacation rentals. The most notable changes in the vacation rental industry have been from the Internet.

Rental managers have created new profit centers out of providing services that are usually included in the rental rate. But don't include the usual services provided like linens and housekeeping, base rental rates appear to be lower, by unbundling services. Many resorts and rental managers have unbundled services, in order to cope with competitive pricing.

Local Competition

With typical rental rates being as low as 25% compared to previous years, this has benefited seasonal renters. The increase in local rental inventory has resulted in very competitive pricing. Many second home owners have turned to seasonal rentals as a means to offset their expenses. This has been attributed to the current slump in real estate sales. Southwest Florida has seen a glut of rental properties come on the market.

Consumer Changes

This means the typical seasonal guest will visit Southwest Florida for only a week or even less. Today's snow bird is increasingly working part-time if not full-time. Are working later into their careers, boomers” and “ less Americans are retiring at fifty. Shorter rentals have been mostly attributed to the Baby Boomers. Another trend rental managers have seen in recent years is a shift from the typical three month rental to the shorter weekly rental.

Even budget minded guests are now expecting amenities like broadband internet and heated private pools. For an extra fee the rental managers can offer concierge services and transportation to and from the airport. Rental managers have chosen to cater to visitors focused on activities like golfing and boating, as the competition for seasonal visitors heats up in the vacation rental market.

The rental manager can leverage the rental property's unique features; by transferring the property owner's golf membership or beach parking pass to the tenant, ”. Most guest come to Naples and Marco Island for the great golf courses and the pristine beaches, “ renee points out that. Offers guests amenities like golf memberships and beach access, a rental manager with Land and Sea Vacation Rentals , renee Macdonald.

With lower rental rates and more amenities, overall seasonal renters have greatly benefited from the market conditions, yet. The current trend of shorter rentals will continue to increase resulting in a high demand for weekly and weekend holidays. A slow down in the real estate market and a shift in the demographics has all contributed to shorter vacations with more activities, factors like global competition. The winter tradition of Snow Birds migrating to Southwest Florida to escape from the cold has become more orientated to working Baby Boomers and visitors looking for plenty of activities.

Direct Home Rentals works to help vacationers locate their ideal rental accommodation. Southwest Florida has emerged as the choice location for visitors looking for beautiful beaches and great golfing. Florida is a premier vacation destination for travelers from around the world. Direct Home Rentals [http://directhomerentals.com/explore/vacation_rental_trends.html] provides rental managers and vacation homeowners a listing portal for holiday rentals located in Southwest Florida.

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