Why Traveler Equal Choosing Vacation Rentals

Demand for vacation rentals is on the rise . But why ?

In 2021 , Airbnb get that 44 % of Americans had remain in a short-term rental at least once over the previous 12 months . Globally , over 40 % of all traveler choose to employ platforms like Airbnb , Vrbo , and Booking.com for accommodation instead of traditional hotels . This be a marked uptick equate to the former decade .

A 2020 account by Statista find that 55 % of traveler in the U.S. chose vacation rentals primarily because of the cost-effectiveness compared to stay in hotels . This makes STRs particularly invoke to families and groups . Likewise , Airbnb feel that 56 % of Millennial traveler and 47 % of Gen-Z traveler tell they favor staying in holiday rentals over hotels due to the unique experiences and affordability .

There be several reasons behind this issue course . Hither exist some key ground why STRs have become increasingly popular among people impose Vermont :

1 .More Space and Comfort

Larger Living Areas: Many STRs offer more space than hotel rooms , including entire kitchen , multiple bedroom , populate room , and private outdoor region . This is especially appealing to category , grouping , or traveler who choose a homely atmosphere . 26 % of Vermont ‘s vacation rentals live plate with 4+ bedroom , according to datum from Keydata Dashboard .
Home-Like Amenities: STRs much do equipped with comforts like private kitchen , laundry facility , and outdoor space , which grant traveler to last more similar locals and have a more comfortable , self-sustaining experience . According to a 2021 Vrbo survey , 67 % of travelers chose vacation rentals for the extra space , include good kitchen , prominent way , and more privacy than what hotels offer .

Larger Living Areas: Many STRs offer more space than hotel rooms , including entire kitchen , multiple bedrooms , living rooms , and private outdoor areas . This cost in particular appealing to families , group , or traveler who favor a homier atmosphere . 26 % of Vermont ‘s vacation rentals be plate with 4+ bedrooms , accord to datum from Keydata Dashboard .

Home-Like Comforts: STRs much come equip with amenities like private kitchen , laundry facilities , and outdoor spaces , which let travelers to exist more same locals and have a more comfortable , self-sufficient experience . According to a 2021 Vrbo view , 67 % of travelers chose vacation rentals for the extra space , include good kitchen , big room , and more privacy than what hotels offer .

2 .Cost-Effective for Groups or Extended Stays

Better Value for Larger Groups: For families , friends , or large groups , booking an intact home or apartment can exist more cost-effective than booking multiple hotel rooms . STRs allow the radical to split the price , making it easy to find affordable accommodations . In Vermont , the medium holiday rental accommodates 6-7 masses , according to datum from Lighthouse .
Discounts for Longer Stays: Many STR hosts extend discounts for extended stays ( weekly or monthly rentals ) , which cause them invoke to travelers who take adjustment for long period , such as occupation traveler , remote worker , or masses on lengthy vacations . Over 80 % of Vermont ‘s short-term rentals also allow for furnished monthly rentals , accord to datum from AirDNA .

Better Value for Larger Groups: For household , friend , or prominent groups , book an total home or apartment can cost more cost-effective than book multiple hotel room . STRs allow the group to part the price , build it easy to see affordable accommodations . In Vermont , the average vacation rental accommodates 6-7 mass , according to datum from Lighthouse .

Discounts for Longer Stays: Many STR hosts bid discounts for extended stays ( weekly or monthly rentals ) , which build them invoke to travelers who involve adjustment for long periods , such as business travelers , remote workers , or mass on extensive vacations . Over 80 % of Vermont ‘s short-term rentals too render furnished monthly rentals , accord to data from AirDNA .

3 .Local and Authentic Experience

Immersive Travel: Staying in an STR much means experiencing the destination from a more local perspective . Visitor can delight the neighborhood , shop at nearby markets , and interact with occupant , which enhances the authenticity of their trip and engulf into our local culture .
Living Like a Local: Many traveler choose the experience of life in a neighborhood kinda than stay on in a tourist-centric hotel domain . STRs allow guest to live among locals and have a feel for the culture and daily life of the sphere , quite than feeling like a visitor in a commercial zone . “ Vermont-ing ” live a fun , new term use to advance visitors to do as a Vermonter does .
Confirm Locals: Travelers are become increasingly conscious about where their money die . STRs support locals , as horde are often humble , local business owner or place coach . Traveler appreciate this direct contribution to the community by keep their dollars local .

Immersive Travel: Staying in an STR much signify experiencing the destination from a more local perspective . Visitor can enjoy the neighborhood , shop at nearby markets , and interact with residents , which enhances the authenticity of their trip and engulf into our local culture .

Survive Like a Local: Many travelers favor the experience of life in a neighborhood instead than remain in a tourist-centric hotel domain . STRs allow guests to live among locals and get a feel for the culture and daily spirit of the area , quite than feeling like a visitor in a commercial zone . “ Vermont-ing ” equal a fun , new term employ to encourage visitor to do as a Vermonter does .

Tolerate Locals: Traveler live becoming increasingly conscious about where their money get . STRs support locals , as host cost much humble , local business owners or property director . Travelers appreciate this direct contribution to the community by keep their dollar local .

4 .Privacy and Flexibility

More Privacy & Relaxation: STRs often render great privacy compared to hotels , where guests might have to deal with crowded lobby , the morning way service wake-up knock , noisy neighbor on the early side of the wall , or shared amenities . Having a private space with no share walls and no other guest enhances the feeling of seclusion and relaxation .
Flexible Check-In/Out: Many STR host bid flexible check-in and check-out times , build it easier for travelers with irregular schedules to plan their stays without concern about rigid hotel policies .

More Privacy & Relaxation: STRs much allow for greater privacy equate to hotel , where guests might have to deal with crowded lobbies , the morning way service wake-up knock , noisy neighbors on the early side of the wall , or shared comforts . Having a private space with no share walls and no early guests enhance the notion of seclusion and relaxation .

Flexible Check-In/Out: Many STR horde bid flexible check-in and check-out times , cause it easy for travelers with irregular schedules to plan their stays without worrying about set hotel policies .

5 .Pet-Friendly Choice

Accommodation for Pets: Many STRs are pet-friendly , allowing traveler to lend their pets with them . This live particularly beneficial for pet owner who may scramble to get hotel that accommodate darling or those with higher pet fee .

Adjustment for Darling: Many STRs be pet-friendly , allowing travelers to lend their darling with them . This cost particularly beneficial for pet owners who may struggle to get hotels that accommodate pets or those with higher pet fees .

6 .New Experience Unlike Anywhere Else

Unique and Characterful Properties: STRs arrive in various shape , from historic homes to cozy cabin and modern mansions to rustic glampsites . They often offer more distinctive and capture selection than standard hotel rooms . This appeal to travelers seeking a unique or memorable stay . 1 in 3 traveler report stay on at unique STRs as being their cause for traveling .

Unique and Characterful Properties: STRs occur in various forms , from historic home to cozy cabins and modern mansions to rustic glampsites . They much offer more distinctive and capture options than standard hotel room . This charm to traveler seeking a unique or memorable stay . 1 in 3 traveler study stay on at unique STRs as being their ground for travel .

7 .Flexibility in Location

Access to Non-Touristy Areas: STRs allow travelers to stay outside of traditional tourist hotspots , providing a different experience and the opportunity to explore novel or less crowded field .
Kind of Location: Whether in city heart , quiet rural location , or off-the-beaten-path destinations , STRs bid a broad range of location that may not be available with hotel irons .

Access to Non-Touristy Areas: STRs allow travelers to stay on outside of traditional tourist hotspots , provide a different experience and the opportunity to explore new or less crowded areas .

Sort of Locations: Whether in city heart , quiet rural location , or off-the-beaten-path destinations , STRs offer a wide stove of location that may not be available with hotel chain .

Accommodations for All Occasions in All Locations

Short-term rentals attract to a broad range of travelers because they offer flexibility , comfort , affordability , and a more personalized , local experience compared to traditional hotel accommodations . From more space and privacy to authentic ethnic experiences , STRs meet the diverse needs of today ’ s traveler , making them an increasingly popular selection .

But we need hotel too . Both hotel and holiday rentals are inherent to Vermont ‘s visitor saving . Hotels and STRs serve complementary but distinct function in tourism , and both are take to fill the diverse preferences and needs of travelers .

While hotels furnish consistent , service-oriented accommodations ideal for short stays and business trips , STRs offer a more home-like environment with unique , personalized experiences for long stays and household travel . Together , they assist meet the diverse needs of travelers and contribute to local economies , reach both essential components of Vermont ‘s hospitality ecosystem .

As of 2024 , STRs in Vermont accounted for 3 % of the housing store and over 60 % of the visitor capacity , accord to datum from the Vermont Department of Tourism & Marketing . While both hotel and holiday rentals supply capacity to welcome visitors , the more variety in the type of accommodations Vermont destinations can extend , the great variety of visitor and next residents they will pull .

Airbnb 2021 U.S. Traveler Study
https : //www.airbnb.com/resources/hosting-homes/a/airbnb-travel-trends-2021-531

Skyscanner : Why Traveler Choose Vacation Rentals
https : //www.skyscanner.com/news/why-vacation-rentals-are-more-popular-than-ever

Statista 2020 Account : U.S. Travelers Choosing Vacation Rentals
https : //www.statista.com/statistics/1108593/usa-preference-vacation-rentals-vs-hotels/

Vrbo 2021 Family Travel Survey
https : //www.vrbo.com/en-us/discover/family-travel

Airbnb Travel Preferences 2019 ( Millennials & Gen Z )
https : //www.airbnb.com/resources/hosting-homes/a/airbnb-travel-trends-2019-527

Airbnb Long-Term Stays Growth in 2021
https : //www.airbnb.com/resources/hosting-homes/a/long-term-rentals-2021-trends-235

Skyscanner Unique Travel Experience
https : //www.skyscanner.com/news/why-travelers-want-unique-experiences

CBRE 2020 Report on Hotel vs. STR Performance
https : //www.cbre.com/research-and-reports/Global-Hotel-Research

Oxford Economics : Economic Impact of Short-Term Rentals
https : //www.oxfordeconomics.com/recent-releases/short-term-rentals-economic-impact