The Business Of Online Vacation Rentals The Business Of Online Vacation Rentals

2010 saw the tourism and travel industry numbers begin to rebound. Still far from the peak numbers of 2007, 2010 is slowly showing gains over 2008 and 2009 respectively. And this comes as good news to the large number of vacation rental owners throughout the United States that have made vacation rentals a full-time business. Cities such as San Francisco, which was hit especially hard by the downturn in tourism, are slowly beginning to rebound and show gains in terms of overall visitor numbers and vacation rental leases.
  • May 15, 2010   Published ~ 14 years ago.

    The Business Of Online Vacation Rentals

    2010 saw the tourism and travel industry numbers begin to rebound. Still far from the peak numbers of 2007, 2010 is slowly showing gains over 2008 and 2009 respectively. And this comes as good news to the large number of vacation rental owners throughout the United States that have made vacation rentals a full-time business. Cities such as San Francisco, which was hit especially hard by the downturn in tourism, are slowly beginning to rebound and show gains in terms of overall visitor numbers and vacation rental leases. Because traditional hotel operators within the city tend to have higher price points than other major US destinations, San Francisco vacation rentals have been a hot business item for quite some time. It is only until recently, however, that vacation rentals in San Francisco have started to outgrow traditional occupancy level for hotels. While the world-wide recession disabled this growth in 2008 and 2009, 2010 has begun to see numbers gradually pick up in terms of occupancy rates for vacation rentals. This comes as welcomed news to the growing population of small business owners that have built their livelihoods around renting out vacation rentals. The second reason that can be attributed to the growing popularity of San Francisco vacation rentals is due to the emergence of quality booking sites, such as GoldenGateVacations.com. Sites such as this provide users with a reliable platform by which rentals can be booked online, without the hassle of constant back and forth emails from non-responsive owners. As more and more companies such as these begin to emerge, the business of vacation rentals is assuredly set to continue to grow. As the economy rebounds, business travel has once again picked up. While most companies and small businesses slashed and eliminated travel budgets during the 2008 and 2009 seasons, many are beginning to gingerly test the waters once again. The biggest difference, however, is the fact that while companies are again traveling to trade shows and conventions, the budgets still remain tight. That is why employees are encouraged to seek out the best value-added option as possible. San Francisco vacation rentals provide just that. The first half of 2010 has been promising for the vacation rental industry throughout the United States, and in particular, San Francisco. The 2008 and 2009 travel seasons were extremely difficult for this type of alternative accommodation as many hotels responded to the drop in visitors with huge discounts that smaller vacation rental operators simply could not compete with. But as the economy is slowly beginning to rebound, the vacation rental industry is beginning to notice improved numbers. San Francisco vacation rentals as a business is starting once again to be the hot item. Want to find out more about San Francisco vacation rentals, then visit Douglas Fern’s site on how to choose the best vacation rentals in San Francisco for your needs.

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