5 Strategies for Success in a changed vacation rental landscape
Following a national 45% decrease in bookings related to the pandemic, short-term rentals are back in demand. Sites like Airbnb and Vrbo are now at 81% of their 2019 levels. Many owners who rely on their vacation rental property for income have to navigate a new landscape with caution and clever marketing. Specifically, homes that have strict cleaning guidelines, allow travelers to escape while social distancing, and provide a space that’s not shared among other guests are the ones that stand the best chance of recouping 2020’s losses.Q2 2020 hedge fund letters, conferences and moreAvalara has...