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    Owners Newsflash  
Forecast for the Travel Lodging and Vacation Rental Markets.
  Forecast for the Travel Lodging and Vacation Rental Markets.
   
Dear Owner
 

We are beginning a new year, a year of many changes, full of excitement and challenges for most of us. On the one hand, travel experts forecast that the demand for travel will be higher than the supply this year, driving increases in rates across air, hotel, and car rental suppliers. Hotel rates are projected to increase significantly in most top destinations across the U.S., Europe and Asia, exceeding 100% in some cities. On the other hand, the crisis in the U.S. real estate market is expected to increase the competition in the vacation rental market, as more second home owners rely on vacation rental income to pay their mortgages and taxes. In some destinations, the vacation rental market is getting really tough as more and more new properties are competing in the market.

It is Rentalo’s mission this year to assist travelers cope with these rate increases by promoting vacation homes and other lodging alternatives. We believe Rentalo has a unique advantage over many other vacation rental directories and hotel reservation sites, since our comprehensive inventory appeals to both leisure and business travelers. Typically, vacation rentals do very well serving lodging requests from 3+ persons and stays of 5+ nights, while hotels and B&Bs do well accommodating traveler’s lodging requests involving 1 to 2 persons, staying up to 4 days.

In 2008 we will also focus on expanding to new traveler markets, with emphasis on multilingual global reach. We are planning to introduce new tools for our international property owners and travelers such as translations services and multilingual property pages and inquiry forms.

Our commitment to our audiences will drive our online marketing and technological efforts this year. We will deliver valuable traffic to our users, improving continuously as we introduce new technology and tools. We greatly value your trust and business during the past years and hope for your ongoing growth and well-being in this exciting industry in the year to come.

  About Rentalo.com
Launched in 1999, Rentalo serves a significant portion of the travel lodging industry, as well as the newly emerging vacation rental market. Recognized for providing innovative solutions for connecting travelers to vacation properties, Rentalo is a global leader in travel lodgings and short-term accommodations, specialized internet marketing, and lead generation services. On Rentalo, travelers find the best values in vacation rentals, hotels, and bed & breakfasts, while property owners receive a great return on investment (ROI) for their advertising dollars.
   
 
Marta Olszewska

Al Purrinos
President and CEO
Rentalo.com

Please contact us for any suggestions

 

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