The rapid growth of the so-called “sharing economy” has impacted many industries, including hospitality. Companies like AirBnB and HomeAway, among others have become trendy alternatives for travelers to the more conventional hotel stay. But are these vacation rentals providing value and a truly viable substitute for the relaxing hotel or resort stay? In this series of blogs we will put the rental accommodation up against its vacation counterpart, the venerable hotel, and examine the pros and cons of each.
The Advantages Of Vacation Rentals
The driving force behind the short-term accommodation rental trend is the cost savings consumers can, either in reality or perceived, garner from choosing this travel option as opposed to staying at a hotel. By booking a short-term rental through a website like AirBnB, a guest can stay in more spacious lodgings. This can be a particular advantage for families and large groups. Additionally, many short-term rental properties offer kitchen facilities, providing cost-effective alternatives to dining in restaurants.
The personalized service and attention which may be received when a traveler is staying at a vacation rental property can clearly set it apart from the hotel experience. Oftentimes, hosts really will go above and beyond to make the experiences of their guests memorable and unique. Many are extremely proud of their property and its location. The best of hosts can also be invaluable to their guests, providing a connection to the local area and its culture. Relationships are sometimes formed, between guests and the property’s hosts, which bring the vacationers back again and again.
A vacation rental home can offer the traveler a relaxing homelike experience in contrast with hotels; which may be crowded, cramped, and noisy. For certain types of people, the predictable and safe experience of an excellent hotel is a disadvantage in its sterility. A vacation rental affords vacationers the opportunity to step outside their everyday reality and adopt a new lifestyle; living on an oceanfront, mountaintop, or an exotic city for example. Enjoying a complete change of scenery, while giving up none of the comfort, convenience, and amenities of home life is the key advantage of the vacation rental home.
In part two of this series we will review the advantages of hotel accommodations and why hotels provide more value for many travelers over rental properties.
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