the rise of short term vacation rentals
TRANSCRIPT
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The Rise of Short Term Vacation Rentals
Presented by
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115 Million 43 MillionTRAVELING ADULTS
IN THE USAHAVE NEVER TRIED VACATION RENTALS
An Industry of Massive Potential
$85 BillionGUESTS ARE
SPENDING $85B
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An Industry of Massive Potential
$22.5 Billion$19.3 BillionAIRBNB
Valuation HILTONMarket Cap $16.5 Billion
MARRIOTTMarket Cap
*Figures from Jan 2016
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129 MM Primary Homes
4 MM Second Homes
42 MM Investment Properties
Short Term Rental Supply Potential
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Short Term Rental Demand
30-40% of Airbnb travelers would not have taken their trip if it weren’t for vacation rentals.
80% of travelers say they would return to a vacation rental within 2 years.
blog.pillowhomes.com/?p=837
Last year, 17% of sharing-economy users found a place to stay through sharing economy lodging options, which is up 10% from the year before.
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Top Reasons Guests Book Vacation Rentals
Image: Wyndham Vacation Rentals
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Based upon the latest industry trend reports, the vacation home rental industry will continue to
expand.
As the number of vacation rentals increase, guests will be afforded the opportunity to find
the perfect rental.
The supply potential is massive.
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Vacation Rental Management Reinvented Key Exchange ▪ Dynamic Pricing ▪ Listing Optimization ▪ Professional Cleaning ▪ 24/7 Guest Support
www.pillowhomes.com