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Monday 30 October 2023

The week's top stories from the world of short-term / vacation rentals

 

2023 VRMA International Conference

key insights and takeaways   

US: More than 2,500 short-term / vacation rental industry professionals from around the world gathered at Disney's Coronado Springs Resort in Orlando to attend the latest annual edition of the VRMA International Conference.

 

EDITOR'S COMMENT

 

• It was a defining week for the global short-term / vacation rental sector as more than 2,500 industry professionals gathered at Disney's Coronado Springs Resort in Orlando to discuss and debate the pressing issues around at the moment, from M&A and investments to AI, advocacy and data and revenue management.

 

I was excited to moderate a session on 'Gaining a Global Perspective' alongside Melanie Brown [Key Data], Matt Varabkanich [Cleveland Research] and Jacobie Olin [C2G Advisors]. Read my write-up of the session here as we covered everything from trends and predictions to a micro / macro outlook of the markets in Europe and the United States.

 

One of the most captivating sessions of the conference saw David Pavelko, global travel business development at Google, introduce his company's new price comparisons feature as part of its holiday / vacation rental search experience, building on Google's existing offering for hotels and flights. It was fascinating to get an in-depth look at how Google is boosting visibility for its vacation rental product and it reflects how search engines / OTAs are prioritising enhancing consumer booker confidence and streamlining the travel planning process, even if Airbnb is going its own way with its inventory and price comparison updates.

 

A VRMA International Conference is always a reason for excitement at reconnecting with familiar faces and networking with new contacts, and the 2023 edition did not disappoint. If you didn't catch our head of growth, Jordan Ashford, or I there, contact us at my email below or at jordan@internationalhospitality.media to discuss further opportunities for collaboration.

 

• Join us for our latest webinar tomorrow [31 October] as we host an Urban Living overview of the Middle East & Africa [MEA] market. The session will feature leaders from One Perfect Stay, Silkhaus, mr.alfred and Knight Frank. Book your no-cost virtual seat here.

 

Scroll down for the latest industry news.

 

• Please click here if you have a story you want us to tell the industry, or would like to be considered for a feature, podcast or webinar.

 

For more information and sponsorship / creative solutions advice, contact us at info@internationalhospitality.media.

 

Paul Stevens

Editor - short-term rentals, IHM

paul@internationalhospitality.media

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DIARY 📅 DATES

 
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 International Hospitality Media is the premier specialist in online publishing; conference, exhibition and events, and advisory services for growth sectors of the hospitality industry.

 

The company publishes four industry-leading B2B websites - BoutiqueHotelNews.com, ServicedApartmentNews.com, ShortTermRentalz.com which keep their respective sectors up to speed with news, comment and opinion, and Urban Living News, which focuses on the future of urban development and the increasing convergence of asset classes including hospitality, coliving, BTR, PBSA, flexible workspace and senior living.

 

Our conference experience spans three continents and covers high growth segments including boutique, lifestyle and hybrid hotels, serviced apartments / aparthotels and extended stay, and vacation rental. Our events are renowned for their intense focus and attract quality industry leaders, brands and independents, providing unparalleled networking and learning opportunities. We also organise bespoke educational events and investor breakfasts to bring owners, operators and investors together.

 

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