What is the Future of Disruptive Vacation Short Term Rentals?

The short-term vacation rental market has been disrupted in recent years by the growth of platforms like Airbnb, VRBO, and Booking.com which have made it easier for homeowners to rent out their properties to travelers. This has led to increased competition for traditional hotels and vacation rental companies, as well as changes in regulations and zoning laws in many cities.

In the future, it’s likely that the short-term rental market will continue to evolve and grow. The increasing popularity of online booking platforms, along with the convenience and flexibility they offer, is expected to drive demand for vacation rentals. Additionally, the COVID-19 pandemic has led to a shift in consumer preferences towards private and self-catered accommodation as a safer option for travel.

Why go to a hotel where you are surrounded by strangers.  A short term rental is just you, and your loved ones.  You have the WHOLE place to your family.

However, there are also challenges facing the short-term rental market. One of the most significant is the growing regulation and scrutiny of short-term rentals by local governments and communities. Many cities and towns have implemented stricter regulations to address concerns about housing affordability, quality of life, and zoning laws.

We predict that the dam will burst, just like Uber, Google, and Instacart.

In the immediate future, platforms like VRBO and AirBnB have begun to work more closely with regulators, and have taken steps to help ensure that their hosts comply with local laws. This includes implementing tools such as a “one host, one home” policy, which limits the number of listings a host can have in a given area.

Overall, while the short-term vacation rental market is likely to continue to grow, it will likely also face increasing dominance in the travel industry as well as regulatory change.