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What’s behind growth of vacation rentals?
Despite traveler’s economic woes, there’s been a huge growth in vacation rental homes, condos and villas. Backers of the trend say there are good reasons.
“Travelers’ motivations toward vacation rental hospitality are compelling. More than just reasons, they’re inherent to people’s core values,” said Alex Risser, President of the Vacation Rental Managers Association and its Discover Vacation Homes Awareness campaign, the official public resource on vacation rental travel. He added:
The “Ypartnership/Harrison Group 2010 Portrait of American Travelers” cites various reasons that include value for the price and privacy.
Full kitchen facilities and more overall space are also incentives. Nine out of ten travelers choose vacation rentals to have full kitchens. Vacation rentals also provide “homes away from home” with anywhere from 1,000 to more than 4,000 square feet of space.
Amenities such as fresh linens, game rooms and private swimming pools are also cited by 85 percent of travelers as top features.
Another factor is family “togethering,” with more than two-thirds of travelers saying rentals allow them to have quality time with their families.
By David Wilkening
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