The short-term rental (STR) industry has shown incredible resilience over the past couple of years. Even since the beginning of this year, we have been hit with record-breaking demand levels and new supply has been added en masse throughout the country. So despite a global pandemic and travel restrictions threatening the industry, the STR space […] The post Recession-Proofing Your Vacation Rental Business appeared first on VRM Intel.| VRM Intel
Dozens of ballot initiatives on short-term rental regulations ranging from partial bans to tax increases will head to local voters this November. This year, California and Colorado are hot spots for ballot referendums on STRs with most initiatives seeking to increase incoming revenues from STRs. Colorado’s explosion in STR-related referendums stems from a new state […] The post Dozens of Vacation Rental Ballot Measures Heading to Voters this November appeared first on VRM Intel.| VRM Intel
This Fastest-Growing Trip Length Category Can Increase Your Occupancy “Longer stays are on the rise. In fact, bookings that meet or exceed 28 days is actually the fastest-growing trip length category today. In Q2 2022, more than 22% of nights booked in suburban areas were for 28 days or more compared to 18%.” – AirDNA, […] The post How to Increase Your Occupancy in a Competitive Market through Monthly Rentals appeared first on VRM Intel.| VRM Intel