This Is What Luxury Hotels Hope Vacationers Never Find Out About Vacation Home Rentals

by | Nov 13, 2019 | Real Estate

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The hotel industry in this country is huge to the tune of $218 billion in 2018. That number is expected to grow exponentially by 2025. Hotel chains are adding technology to their rooms, hard wood floors, and spa tubs in an effort to get and keep guests happy. It sounds great. So what don’t hotels want you to know about cottage rentals Norfolk?

Vacation Rentals Numbers

The vacation home rental industry (and it’s now an industry) saw a worldwide income of $303 billion two years ago. That number is expected to rise to $437 billion by 2022.

Beaches are the ultimate destination for most vacationers with 74 percent of vacationers wishing to spend their vacations on the water.

It is projected for Millennials to spend $1.4 trillion on vacation and travel by 2020.

Eighty-two percent of vacation homeowners have a five star rating for their establishments.

Fifty-two percent of vacationers troll social media sites for pictures and recommendations of their friends. Facebook is the first place they go to search hashtags and other information for vacation home rentals.

What Hotels Don’t Want You To Know

Cottage rentals Norfolk give you more square footage than a hotel room at 50 percent less per square foot. Your friends and family won’t stay in separate rooms or separate floors. You can all gather in the living or dining room instead of crowding onto one or two beds.

You can cook your meals in your kitchen. It’s always open and cheaper than eating out. This is especially true of families or large groups. The bedrooms and bathrooms are private so you won’t have to share. You can pack fewer clothes since you’ll have laundry facilities at hand. Perhaps the best thing vacation cottages offer that hotels don’t is sitting on your own balcony having coffee and watching the sunrise, sunset, or just listening to the waves crash onto shore.

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