Types of Vacation Rentals Businesses
Holiday Rentals - Types of Vacation Rentals Businesses
The development of internet was behind the success of vacation rentals. The holiday rentals industry went from mom and pop operations to large international companies. Vacation rentals have exploded in popularity in the past ten years and thousands of companies want a piece of the action.
There are several types of holiday rentals business models:
• Large general advertising websites
• Local websites owned and operated by vacation rental agencies
• Free classified websites such as craigslist
Large vacation rentals websites offer the advantage of featuring thousands of properties.
The draw back is that those companies do not know or manage the holiday rentals featured. In case of problems, renters must deal with the owner/manager of the vacation rentals property.
Local websites managed by holiday rentals agencies may not expand over as much as larger websites but these companies know, operate and manage holiday rentals.
Free classified websites have become very popular among owners and vacation rentals companies in the vacation rental industry. Owners and vacation rental companies like to list their properties on these websites.
The disadvantage to free classified websites is that it poses an increased risk and opens the door to scam artists that attempt to rent holiday rentals that don’t exist or that are “borrowed” from legitimate owners.