As there has been lots of exciting things going in the vacation rental industry lately, we thought we'd put together a quick catch up for all of you property managers out there. It's not always easy for vacation rental managers to find time to keep on top of industry news, so we thought we'd make it that bit easier in the shape of this post!
VacationRoost acquisition adds towards HomeAway alternative, travel advertisers crack the code of social media marketing, and Wyndham Vacation Rentals celebrating its milestone year, have taken the spotlight this week in vacation rental industry news.
Industry Buzz for March 5-12, 2014
VacationRoost heighten competition with HomeAway
According to Skift this week, VacationRoost's latest acquisition with LeisureLink shows that they are emerging as strong competition to the ever-growing HomeAway.
"VacationRoost says its new and expanded combined network with LeisureLink offers more than 200,000 vacation rental and timeshare units that are bookable and commissionable, an important distinction because lots of HomeAway’s listings aren’t bookable online."
The emergence of a potential HomeAway alternative is good news for the vacation rental industry. Competition is healthy after all and it further encourages expansion of the vacation rental community.
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Crack the code of travel social media marketing
Did you know that..."nine in ten travellers are active on social networks: 73% log on daily (and not necessarily just once) and 53% use their networks to look for deals (22% travel-related). And they post about their travels, more often while on the road (31%) than when back home (27%)"? Bearing these statistics in mind, it so important for vacation rental marketers to crack the code of social media marketing.
This insightful article from Tnooz shares how the largest social media players Facebook and Twitter may just have the keys to travel marketing success.
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A year of milestones for Wyndham Vacation Rentals
Wyndham Worldwide are huge in the industry, managing more than 25 vacation rental brands including James Villas, Hoseasons and Canvas Holidays. 2014 is the year of milestones for the company where they will be celebrating up to 70 years of success!
This is great news that a longstanding vacation rental provider is still going strong! Since Hoseasons began in a small boatyard back in 1944 and is now a leader of self-catering vacations in the UK, it suggests a promising future for vacation rental businesses just starting out.
Meet Kigo and HomeAway in Benidorm
And last but by no means least, Kigo and HomeAway will be presenting at the Hotel Meliá Benidorm this Friday 14 March from 11.30am-1.30pm. Attending industry events is a great way of meeting likeminded vacation rental professionals and gaining an insight into the future of the industry.
It is the perfect opportunity to come and meet the Kigo and HomeAway teams whilst furthering your vacation rental business!
Have we missed any important news articles relevant to the vacation rental industry this week? Please feel free to share your articles with us in the comment section below!
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