Jump in Hotel Rates Signals Growth for Timeshare Rentals
July 21st 2016 Posted by: SellMyTimeshareNow SMTN Category: Industry News

July is recognized as Vacation Rentals Month, and this year we’re seeing the relatively new industry continue to break records and reach all-time highs in popularity. The convenience, unique qualities, and widespread availability of vacation rentals have captured the interest of travelers across the world as a new way to travel and find great, memorable accommodations.

Couple that with the spike in hotel rates predicted worldwide, and services like Airbnb and HomeAway seem like popular options for finding a place to stay on vacation. However, what if we told you there was an even better option?

Another growing industry belongs to timeshare rentals, and it’s growing fast. But is that the right option for you? To start, let’s look at the problem with hotels.

Hotel Rates on the Rise

According to the Global Business Travel Association, hotel occupancy rates are at an all time high, and the supply isn’t meeting the demand. GBTA predicts that hotel rates will jump 4.7 percent in the United States and 2.5 percent worldwide. Fewer new accommodations and lesser competition due to the Marriott-Starwood merger will be the main causes for this number.

Travelers may be left wondering why they should pay rising hotel rates for accommodations they’ve seen plenty of times before. Most hotel rooms are very similar—small in size, only the most basic accommodations, uninspiring decor, and lack of good views leave plenty to be desired in a vacation space. This is why more and more people are turning to vacation rental services.

The Downsides to Vacation Rentals

But, vacation rentals aren’t always the perfect solution, either. Real estate and landlord laws are different depending on what area you’re traveling to, and you may not find exactly what you’re looking for on the vacation rental market. Plus, the accommodations almost always come in the form of someone’s house or apartment, oftentimes requiring you to share a space with strangers. On top of that, renting a vacation home means you miss out on some of the services and on-site amenities that usually come with a high-quality hotel or resort.

So, how do you get the best of both worlds? The answer lies in timeshare rentals.

Save Money, Live in Luxury: Rent a Timeshare

A timeshare rental unit can provide the spacious, unique accommodations you need at the prices you want, in popular vacation destinations all over the world. Whether it’s a spacious two bedroom lockout suite at the Harborside Resort at Atlantis, or you’re looking for a luxury suite at the Manhattan Club in New York City, there’s likely a timeshare rental out there at an affordable rate for you to take advantage of. Rental units are almost always at luxury vacation resorts, which means you’ll have access to recreation areas, on-site dining options, room service, and housekeeping. Additionally, since timeshares are rented out directly by their owners (travelers just like yourself), the rates aren’t nearly as subjected to rise like hotel rates!

SellMyTimeshareNow.com is the perfect place to find timeshare rentals in your preferred destination. Explore online booking options today through our timeshare rental inventory, or submit your own rental offer directly to owners!

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