the rise of short term vacation rentals

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The Rise of Short Term Vacation Rentals

Presented by

115 Million 43 MillionTRAVELING ADULTS

IN THE USAHAVE NEVER TRIED VACATION RENTALS

An Industry of Massive Potential

$85 BillionGUESTS ARE

SPENDING $85B

An Industry of Massive Potential

$22.5 Billion$19.3 BillionAIRBNB

Valuation HILTONMarket Cap $16.5 Billion

MARRIOTTMarket Cap

*Figures from Jan 2016

129 MM Primary Homes

4 MM Second Homes

42 MM Investment Properties

Short Term Rental Supply Potential

Short Term Rental Demand

30-40% of Airbnb travelers would not have taken their trip if it weren’t for vacation rentals.

80% of travelers say they would return to a vacation rental within 2 years.

blog.pillowhomes.com/?p=837

Last year, 17% of sharing-economy users found a place to stay through sharing economy lodging options, which is up 10% from the year before.

Top Reasons Guests Book Vacation Rentals

Image: Wyndham Vacation Rentals

Based upon the latest industry trend reports, the vacation home rental industry will continue to

expand.

As the number of vacation rentals increase, guests will be afforded the opportunity to find

the perfect rental.

The supply potential is massive.

Vacation Rental Management Reinvented Key Exchange ▪ Dynamic Pricing ▪ Listing Optimization ▪ Professional Cleaning ▪ 24/7 Guest Support

www.pillowhomes.com

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