Vacation rentals Vs hotels
According to a survey, the tourist coming to Las Vegas prefer staying in condos, suites or private residences compared to the hotels as both cost the same but the former has more amenities of the home.
75% of the respondents were staying in hotels but preferred staying in vacation rentals during their future trips as it offers more value for their money, provides more space than the traditional hotel rooms and are comfortable for socializing.
The survey shows a great interest of travelers in this field, which is making the vacation rentals a fastest growing sector in the travel industry. There is a lot of unexploited potential for growth in this segment. The vacation rental provides the travelers with more space, amenities, privacy and comfort while on vacation, which is absent in the hotels.
The vacation rentals have multiple bedroom, bathroom, private pool, fully stocked kitchen, outdoor grills, washer, dryers and other amenities. The market in Las Vegas is seeing major hotels being converted into suites and condominium space to keep up with the market trend.
May 4th, 2007 at 8:09 pm
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