The impact of Hurricane Harvey has been enormous, with wide-sweeping effects that have touched parts of Texas and the Gulf Coast. For many of our members located in these areas, we know that you are working tirelessly to not only protect your properties, but also lend assistance to those in need.
The global vacation rental market is expanding at a rapid pace. According to a study by Technavio, the industry was worth $137.77 billion in 2016 and is predicted to reach a net value of $193.89 billion by 2021.
This past June, HomeAway announced upcoming changes to their listing inquiries experience, which affect HomeAway’s listing inquiries when a guest has a question regarding a property they are interested in.
If you survey news articles on short-term rental regulations, you will quickly see that nuisance issues often bring about the restrictive ordinances we are seeing rise across the globe.
New technology, greater distribution channels, major acquisitions, new regulations and more! As the state of the vacation rental industry continues to transform, Mike Copps, VRMA Executive Director, sat down with VQuarter to give his take on the winds of change in the market.