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Vacation rental stats vs. just an STR.
#5 All Forums Contributor
- Investor
- Greer, SC
This was sent from Vrbo on how a vacation rental outperforms a basic STR.
The average trip length for those who book vacation rentals was 2-3 days longer than the average trip length for all traveler types.
48% of those who book vacation rentals travel with family, compared to 37% of all travelers.
The average vacation rental guest group size is 3.2 people compared to 2.4 people across all booking types.
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@John Underwood interesting, but arbitrary unless they are comparing like-kind vacation and STR units. Vacation rentals often have more bedrooms, while many STR's include studio and other small 1-2 person rooms. I believe the stats would show up much differently if they were to compare 100 vacation rentals of 3 bedrooms vs. 100 STR's with 3 bedrooms, in the same market. We have a short term rental a suburb of Phoenix and our occupancy outperforms the majority of the vacation rentals in the same area.