Vacation rentals

April 17, 2024

Vacation rental trends 2024: don't miss out!

The Vacation rental trends for 2024 really make traveling tempting. There is one in particular you don't want to miss, to stay away for a long time. Many people still work remotely, but that doesn't mean you have to work from home. Why not work remotely from somewhere else? Maybe even another country? This is exactly what people believe will be this year's big thing.

Who wouldn't rather sit in airy clothes, with an ice-cold freshly squeezed juice, and look out over the pool while working? Or just have a different environment as a background for all Skype meetings; it can be quite refreshing.

Importance of information

The pandemic's shadow lingers. We've started traveling more, even on longer trips, both in distance and time. Safe travel is paramount now, and we're adapting to it increasingly. Travel is subject to many restrictions, but vacation rental hosts have learned to make guests feel safe. That feeling of safety and security begins even before booking. One current trend is choosing a vacation rental that feels secure. Presenting online efforts to reduce risk can be beneficial.

To make another place feel like home

Short-term housing in a new country has become really trendy. Many large travel magazines predict that more people will invest in it in 2024. Now that the digital ways of working and communicating have become common for us, it has also made it easier to work remotely. This means that it has become easier to extend your vacation abroad, or stay in another country and work for a slightly longer period. In fact, it's also beneficial from a sustainability perspective to travel less frequently by staying away longer. What's being discussed now is co-working spaces, preferably near accommodations or even within them!

The rental renaissance

The short-term rental renaissance continues to grow in both domestic and international bookings. It's not only in hotels that the demand has increased but also vacation rentals. Both will benefit from it and the convergence between the two will continue. Short-term rentals found a smart business in adding digital concierge services and working spaces to make their listings more attractive not only for vacationers but for workers too

More focus on communication

A good start for property managers is to review the tech stacks and social media content, if there are any – if not, it would be a great start to create a plan. It's all about providing next-level guest communication. Guests need to have all the information they could possibly want to make a decision and then book. Due to the uncertainty COVID-19 brings, guests will need more information than ever. Meaning lots of focus should be on the presentation of properties with photos, amenities, etc.

Considering what we've discussed regarding 2024 vacation rental trends, there's a good chance of success in 2024.