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
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.
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.