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COVID-19

Colorado Governor Closes Ski Operations Through March 22

VRM Intel Staff -
Last night, Colorado Gov. Jared Polis issued an executive order to close the state’s nearly 30 ski areas for one week amid the new coronavirus...
COVID-19

Airbnb changes “Extenuating Circumstances” cancellation policy to override managers and hosts

Amber Carpenter -
Today will mark the moment that we all realized that we were living in a world of complacency. We have become so enamored with...
COVID-19

Vacation Rental Booking in Leisure Markets is Holding Steady: Vacation Rental Booking Pace from March 5 to March 13

Amy Hinote -
According to current data—and in contrast to other sectors of travel—vacation rentals are performing better than anticipated in spite of COVID-19 concerns. We often talk...
COVID-19

VRM Intel Schedules Online Conference for Vacation Rental Managers

Amy Hinote -
After successful VRM Intel Live! conferences in Destin and Gatlinburg, we were hoping to schedule more of these regional shows in 2020 to bring...
COVID-19

Current Data Shows Vacation Rental Booking Activity for Spring Break and Summer in US Leisure Destinations Still Strong, In Spite of Coronavirus Concerns

Amy Hinote -
As news circulated throughout the world about the highly contagious coronavirus, or COVID-19, the travel industry began to see increases in cancellations and decreases...
COVID-19

Webinar: Is the coronavirus affecting short-term vacation rental booking activity?

Amy Hinote -
With all the questions we've had this week about the potential slowdown in travel, we decided to ask the experts. Is it panic or...
Latest News

Scott Breon steps down from Vacasa as Head of Revenue and Chief Analytics Officer

Amy Hinote -
Scott Breon, chief analytics officer and head of revenue at Vacasa, is leaving his position at the company, according to insider sources. Scott began with...
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Latest News

Expedia shifts focus to direct consumer relationships: “SEO is not the future of our business”

Amy Hinote -
In a refreshingly clear-eyed and candid earnings call on Thursday, Expedia Group Chairman and senior executive Barry Diller and vice-chairman Peter Kern (who are...
Education

VRM Intel Live! is heading to Gatlinburg, Feb 26, with advanced-level education and discussion for vacation rental managers

Amy Hinote -
Vacation rental professionals are heading to Tennessee in a few weeks for VRM Intel Live! Gatlinburg. The conference will be held on Wednesday, February...
Latest News

Vacasa names interim CEO as founder Eric Breon steps down

Amy Hinote -
Vacasa announced today it  has appointed Matt Roberts, former OpenTable CEO and independent Vacasa board director, as interim chief executive officer. This appointment follows...
Latest News

SEO/SEM Disrupted: How Google Travel is Shaking up the Marketing Funnel

Amber Carpenter -
Our only certainty in the vacation rental industry is change, and 2019 did disappoint those who enjoy the adrenaline rush of disruption. Google Travel is...
Latest News

Three-Year Vacation Rental Performance: Average Daily Rate, Adjusted Occupancy, Adjusted RevPAR, and Average Booking Window across 12 Key Vacation Rental Regions

VRM Intel Staff -
Now that vacation rental managers and destinations are contributing source data, we are beginning to get a factual view of actual performance over the...
Education

VRM Intel Magazine Winter 2020 is Here!

VRM Intel Staff -
The Winter 2020 issue of VRM Intel Magazine is here. From the top of the marketing funnel to the gunk of deep cleans, this...
Latest News

Average Length of Stay for Vacation Rentals Remains Largely Unchanged Over Last 3 Years

Amy Hinote -
Experts have been telling us for years that vacation rental guests are taking shorter vacations and that the average length of stay is shrinking....
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Latest News

Predicting a recession? Historically, vacation rentals in domestic leisure destinations perform well during recession periods

Amy Hinote -
While no one wishes for a recession, it is hard to ignore multiple predictions that one is coming. As we look at travel sectors...
Latest News

Expedia’s stock tanks as company looks to bypass Google and increase direct bookings on Vrbo

Amy Hinote -
Expedia’s stock is down 26 percent today after the company posted Q3 2019 results showing underperformance. According to Bloomberg, Vrbo posted another decline in...
Latest News

Vacasa raises $319M to ramp up global expansion

Amy Hinote -
Vacasa, today, announced a $319 million strategic investment round led by tech investor Silver Lake, along with existing investors Riverwood Capital, Level Equity and...
Latest News

Property managers’ company logos and names disappear from Vrbo listing pages in what company calls a “test”

Amy Hinote -
Late last week, vacation rental managers began reporting that their company logos had disappeared from Vrbo's listing pages.  Previously, Vrbo displayed company logos on listing...
Latest News

LiveRez founder and CEO Tracy Lotz out, Inhabit IQ exec to lead internal transition

Amy Hinote -
Today, Inhabit IQ announced to its LiveRez customers that founder and CEO Tracy Lotz and CFO Rich Cook are leaving the company. The email...
Latest News

Vacasa Finalizes Purchase of Wyndham Vacation Rentals at $162M

Amy Hinote -
Vacasa has finalized its acquisition of Wyndham Vacation Rentals from Wyndham Destinations (NYSE: WYND) for a purchase price of $162 million. Vacasa financed the...
Latest News

Inside look at Inhabit IQ: GSV combines commercial, residential, and short-term rental technology under proptech umbrella.

Amy Hinote -
Greater Sum Ventures (GSV) began making waves in the vacation rental (VR) industry late last year as news spread that the long-term equity firm...
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Latest News

VRMA breaks ties with LSI Tools as comparative data provider for vacation rental manager members

Amy Hinote -
Days ahead of the Vacation Rental Management Association (VRMA) International Conference—and with data and revenue management at the forefront of discussions—the industry's trade association...
Latest News

Catching up with the FOCKers. Latest from OTA leaders: Fogel, Okerstrom, Chesky, and Kaufer

Amy Hinote -
Over the last several years, four CEOs have led online travel agencies (OTAs) in feeding the top of the consumer funnel for alternative accommodations...
Latest News

Beyond Pricing Raises $42.5M to Expand Pricing Tool Technology for Vacation Rental Managers

Amy Hinote -
Beyond Pricing, the vacation rental industry's largest provider of revenue management tools, announced today that it has raised $42.5 million to execute on a...
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