The times recently had an article indicating that its tough going for some in the vacation rnetal biz. Note: “Availability is out there in key destinations where historically it hasn’t been,” said Justin Halloran, a vice president at HomeAway.com, which specializes in vacation rentals by owners. He cited such destinations as Cape Cod and Martha’s Vineyard, Traverse City and Petoskey, Mich., and Hawaii, better known as the Big Island, and Maui. As of mid-June, nearly 20 percent of United States vacation rentals listed on the site had yet to be booked for the Fourth of July holiday, while Labor Day was still wide open with more than 70 percent of rental properties showing availability.
We have been blessed with a strong rental season at our Martha's vineyard property although we do have week unrented in July. However we have had more weeks in June, & September over last year. You can catch the times article at: http://www.nytimes.com/2007/06/29/travel/escapes/29rental.html
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2 comments:
It was interesting to read this as our experience in Ontario is a little different. Bookings have been up 20% on 2006 and as soon as we list new properties they receive immediate interest. The vacation rental industry in Ontario is very concentrated in what is commonly known as 'Cottage Country', which is several different areas across Ontario which are all blessed with hundreds of lakes.
You have some great content on your blog Mr C!
Glad to hear your doing well and thanks for your comment.
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