Next week we have three webinars scheduled. Tuesday 4/6, we sit down with PriceLabs to discuss pricing strategies for 2021. Wednesday 4/7, we'll talk with the team at Vrbo about new traveler trends and have a Q&A section. Last but not least, Thursday 4/8, join us for a live demo Q&A on OwnerRez.
Airbnb and Vrbo are seeing huge numbers of reservations. People are taking spring break trips and planning ahead for summer. Vrbo believes that this a "real boom period for leisure travel". Similarly Airbnb said, "guests are increasingly looking for ways to safely reunite and meaningfully connect with loved ones". Good thing OwnerRez makes it so easy to list your properties on both channels.😉
Vrbo has introduced it's Fast Start program. This will increase the visibility of new properties in the first 90 days of listing. They will also display a review score calculated from the reviews on other travel sites. Vrbo had piloted this program with 1,600 U.S. based hosts seeing a 25% increase in bookings. Join in on our webinar next week to learn more.
Phoenix, Arizona lawmakers have decided to reject any remaining measures that would put restrictions on vacation rentals. This is due to the measures only working as a "Band-Aid" fix to a more complex problem. Currently there are no more committees set to meet this year to regulate vacation rentals.
Due to the increase in travel, Hawaii is having a rental car shortage. Business exploded mid-March as everyone started to take spring break vacations. Since there are so little cars available, the daily rates have shot up to $600 or more a day in some cases.