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2009, Make or Break Time for Vacations?
Future of Consumer Travel Industry in a Recession
With the announcement of an official recession, which was suspected all along, the country has gone into freeze mode. Hotel and airline analysts have downgraded their already grim forecasts for 2009 and many consumers are scaling back or abandoning their upcoming vacation plans altogether.
But for the travel industry, there is one bright spot on the horizon - worth over $24 billion - that's poised to grow in 2009.
A New Era, a New Model for the Vacation Rental Industry
MIAMI, FL – Sept 30, 2008 – One of the fastest-growing sectors of the worldwide leisure travel market is the vacation rental industry. In the US alone, it’s already an estimated $63B market and counting.
The Vacation Rental Industry: Here and Now
Six Industry Trends That Are Impacting the Global Vacation Rental Industry
By Rob Käll, President of Bookt
Large, complex, long understudied and definitely underestimated, the U.S. vacation rental market is poised for change. Demand for vacation rentals is growing, at a time when nearly $100 billion in leisure travel will be booked online in 2008.
The Vacation Rental Industry: Here and Now
Rob Käll, President of Bookt presented six industry trends that are impacting the Global Vacation Rental Industry.
Vacation rentals are one of the fastest growing segments of the global leisure travel industry; in the US alone, it’s an estimated $63b market already.
Six industry trends that are impacting the global vacation rental industry
Vacation rentals are one of the fastest growing segments of the global leisure travel industry; in the US alone, it‘s an estimated
$100 billion market already. This growth has been fuelled by substantive shifts in consumer purchasing behavior, technology and
the marketing and distribution of individual vacation rental units. (Pages 22-25)
Vacation rentals for savings & convenience
With the end of the recession nowhere in sight, the country has gone into freeze mode. Hotel and airline analysts have downgraded their already grim forecasts and consumers are considering abandoning their upcoming vacation plans.
Hotel occupancy rates are down, pointing to the continued growth of the vacation rental industry.
Investing in the U.S. in uncertain times
Vacation rental properties are one of the fastest growing sectors of the global leisure travel industry. Even in during the current economic slowdown, this segment continues to go strong.
According to Bookt, a web services provider to the global vacation rental industry, it’s an estimated $63-billion market in the United States alone.
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Last week (oct. 26th, 2008), The Read rest of posting
A New Era, a New Model for the Vacation Rental Industry
Bookt Launches Industry-First Platform to Drive Visibility, Bookings and Revenue
MIAMI, FL – Oct 20th, 2008 – One of the fastest-growing sectors of the worldwide leisure travel market is the vacation rental industry. Once relegated to regionality and at the mercy of travel agents and immeasurabl...
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Vacation Rentals: Here and Now at the VRMA Conference
Bookt’s Solutions for the Vacation Rentals Industry on Show at Industry Conference, October 26-28
PHEONIX, AZ - Oct 20th, 2008 – In just a few short years, the vacation rental industry has blossomed and boomed , growing to a $63 billion dollar market and stea...
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As internet usage grows and evolves, the fact remains that SEO commonly remains the forefront of online marketing strategies. With search being the 2nd most popular application on the web behind communication, it is the Organic Search Engine’s and Directory’s daunting challenge to properly index (making a blue print) of the internet and all of its content. The difference to business and...
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