Vacayster.com – Vacation Rentals & Homesharing http://www.vacayster.com Just another WordPress site Mon, 22 May 2017 03:16:46 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.2 Palm Springs group wants vacation rentals ban on ballot http://www.vacayster.com/palm-springs-group-wants-vacation-rentals-ban-on-ballot/ Mon, 22 May 2017 02:51:12 +0000 http://www.vacayster.com/?p=23

PALM SPRINGS, Calif. – The fight for vacation rentals in Palm Springs could be taking another turn just a month after a recent ordinance came into effect.

A new group going by the name of ‘Palm Springs Neighbors for Neighborhoods’ is seeking signatures to bring a possible ban of vacation rentals in single-family home neighborhoods by bringing a vote for residents to decide.

Another group that is for vacation rentals is vowing to fight this initiative and keep vacation rentals in the city.

“We’re the homeowners themselves, we are part of this community, we are a part of this business with the businesses in the city and we want to peacefully co-exist,” said Bruce Hoben, co-founder of Vacation Rental Homeowners and Neighbors of Palm Springs.

‘Palm Springs Neighbors for Neighborhoods’ needs about 2,500 signatures to bring the matter on the November ballot.

By Jesus Reyes Courtesy KESQ.com

]]>
Fast-growing Vacasa lands another high-profile partnership http://www.vacayster.com/fast-growing-vacasa-lands-another-high-profile-partnership/ Mon, 22 May 2017 02:43:20 +0000 http://www.vacayster.com/?p=18

Wave Haven, a vacation rental on the Oregon Coast in Neskowin.

Homes managed by Portland-based Vacasa will now appear on the travel website Booking.com.

This is the latest integration of Vacasa’s inventory of homes with other marketing platforms. Homes managed by Vacasa also appear on the U.S. sites for HomeAway, VRBO and FlipKey/TripAdvisor.

“We’re always looking for ways to expand our value proposition and better market the homes in our portfolio,” said Vacasa co-founder and CEO Eric Breon in a statement. “Offering an integration with Booking.com, one of the largest accommodations engines in the world, is yet another way for us to ensure that we’re generating maximum occupancy and revenue for homeowners while providing seamless experiences to guests at zero additional cost to our customers.”

Fast-growing Vacasa has more than 5,000 homes within its vacation rental platform across 17 states and 11 countries. The company offers a one-stop service for vacation homeowners to book, market and maintain properties. It maintains and cleans the properties between visits. Vacationers can book through Vacasa’s website or other partners.

For homeowners, the company also dynamically prices so properties can offer the most return.

Vacasa began working with Booking.com in 2015 by integrating its International properties onto the website. Adding thousands of U.S. properties is an extension of that initial partnership, the company said.

The partnership and others like it extend Vacasa’s marketing capabilities. Click through the gallery above to see some of Vacasa’s popular rentals.

Last year, the company raised $40 million from investors. It was the first outside investment for the company since it was founded in 2009. Backers include insurance company Assurant and private equity firm Level Equity. Vacasa has 1,400 total employees, including 400 in Portland.

Booking.com is a travel lodging aggregation site owned by The Priceline Group. It has more than 1.2 million properties listed ranging from high-end hotels to vacation homes.

]]>
Debra Ryll: Ban on short-term rentals in PG would be a disaster http://www.vacayster.com/debra-ryll-ban-on-short-term-rentals-in-pg-would-be-a-disaster/ Mon, 22 May 2017 02:40:30 +0000 http://www.vacayster.com/?p=15

As a property manager, I understand how far reaching the revenues from short-term rentals extend. It’s estimated that for every $1 spent on a rental, $2 are spent in local businesses (and these renters stay longer than hotel guests). STRs (short-term rentals) fund a whole constellation of jobs for housecleaners, contractors, plumbers, electricians and many more.

STR visitors populate local restaurants and shops, contributing to the current vibrancy/economic health of Pacific Grove. And perhaps most significantly, the transient occupancy tax (TOT) funds a significant part of the city budget, so it is fiscally irresponsible for anyone to suggest that the program be terminated without simultaneously offering a solution for the loss of revenue.

How would the city cope with this shortfall? TOT is the county’s top revenue source behind property tax, thus helping to pave our roads and provide fire, police and medical services. Which city services would be cut to offset this huge loss? And how would the city enforce this ban — where would the staff come from, and how would they be paid?

Vacation rentals aren’t going away — they are one of the fastest-growing segments of the travel industry. Airbnb now has 2 million listings worldwide and VRBO (Vacation Rentals by Owner) — with nearly 1 billion website visits last year — has recently been purchased by Expedia. Vacation rentals complement traditional lodging choices, they don’t detract from them (occupancy rates in all lodging types are at record levels). The clientele who wants to stay in a house instead of a hotel won’t just rent a hotel room if they can’t find a vacation rental — they’ll go somewhere else.

Pacific Grove is a vacation destination, in part due to its proximity to the Monterey Bay Aquarium, whose popularity continues to grow. I realize that some residents would like to keep Pacific Grove all to themselves, frozen in time, but that is neither possible nor financially feasible. Let’s work together to refine regulations and address concerns and complaints. Let’s shut down STRs that truly do cause problems. But please, do not impose a total ban on STRs, which would be disastrous on so many levels.

By Debra Ryll Courtesy Monterey Herald

]]>