Emerging patterns and shifts in traveler behavior, preferences, and destinations that impact the vacation rental industry.
Glossary Term: Travel Trends
Evolving preferences and demands among travelers seeking unique experiences or accommodations, influencing the types of short-term rentals in demand and marketing strategies.
Emerging patterns and shifts in traveler preferences, market dynamics, and industry practices impacting the short-term rental sector.
The desire and willingness of people to travel to specific destinations, influenced by factors like price, seasonality, and events.
The time of year when a particular destination experiences its highest influx of tourists, often characterized by increased demand and higher prices for accommodations.
Emerging patterns and shifts in traveler preferences, behaviors, and destinations, influencing the short-term rental market.
Analyzing booking patterns and occupancy rates within a specific geographic area to inform pricing, marketing, and property acquisition decisions for short-term rentals.
The fluctuation of short-term rental pricing during the COVID-19 pandemic and its aftermath, often characterized by initial dips followed by significant increases.
A website and community popular with remote workers and digital nomads that ranks cities based on factors like internet speed, cost of living, and safety, influencing short-term rental demand.
A leading business-to-business information and marketing solutions company serving the travel and meetings industry, providing insights relevant to short-term rental trends.
The overall performance and trends within the tourism industry in New Jersey, directly influencing the demand and occupancy rates for short-term rentals in the state.
A growing travel trend where multiple generations of a family vacation together, often seeking spacious and well-equipped short-term rentals to accommodate their needs.