Jorge Chavez’s Post

🌏 Today we reveal short-term rental #revenue growth in over 20 key supply cities, helping #DMOs paint the picture of growth in the globe's largest #vacationrental cities ↘ https://lnkd.in/dVpA4EtA 🌎 Revenue serves as useful for gauging impact and hospitality, or #tourism market share. Evaluating revenue through the year gives an indication of seasonality and economic #sustainability and also play a part in assessing compliance. Read ahead to explore all the insights! #bloggingforbusiness #shorttermrentals #accommodations #property #revenuemanagement #destinationmarketing #destinations #destinationmanagement #vacationrentalmanagement #travelandtourism

Quick read about short term rentals and a brand new concept of vacation properties, unveiled in our latest blog. Check it out for more information!

Insightful read on how some cities are weighing the trade off between local residents requirements vs tourist and investment view. Certainly unique to some locations, and not a generic trend - but yet the list features some high inbound tourist locations. A middle ground search! #hospitality #shorttermrentals #tourist #insights

The number of short-term #rentals in #Greece last year increased by 15% compared to 2022 positioning the country 6th in the #EU. Eurostat #AskEurostat #statistics #EuropeanUnion #Europe #HousePrices #HousingMarket #Data #RealEstate #VisitGreece #travel #tourism #greektourism #tourisminsdustry #shorttermrentals #shortstay #hospitality #accommodation #hospitalitymarket #realestatemarket #Greekrealestate

Short-term rental listings of all types in Greece have been on an uninterrupted upward trend since the start of the year. INSETE #Airbnb #Greece #GreekTourism #GreekTravel #Travel #Tourism #INSETE #ShortTermRentals #ShortStay #Rentals #Hospitality #TourismInsights #Study #Data

The tourism industry has emerged as a significant driver of growth in the real estate market. As travel trends continue to evolve and diversify, so does the real estate market. As investors, you need to be on top of these market changes to know where you should invest. Know more about the connection between tourism and real estate in this article: https://lnkd.in/gjn5V5_h #tourism #realestate #investment

#Hawaii Gov. Josh Green on Monday (Jan. 22) addressed a variety of #tourism-related topics, from the latest on #Maui's post-fire recovery to a possible $25 “climate impact fee" for stays at hotels or short-term rentals. #travelandtourism #travelindustry #travelindustrynews #tourists #travelnews

This Friday Photo of the Week is very topical, and maybe controversial, depending on your point of view. I'm trying to look at this from a purely property related point of view! The WA Government announced this week that was closing boat access to the Horizontal Falls from 2026. This follows an accident that occurred in 2022, when a boat attempting to traverse the narrower of the two falls crashed. It was awful. I was lucky enough to visit the Horizontal Falls in September last year with my family, and it made me realise three things. 1) The Horizontal Falls is world class. It is utterly unique. The flight from Broome to Talbot Bay via sea plane covers such unusually spectacular terrain that I can't think of another experience like it. 2) We traversed the wider of the two gaps at Horizontal Falls. It was a very cool experience, but I have no idea why boats were going through the narrower of the two gaps - it looked terrifying! Closing the narrower gap was the right decision. 3) This announcement by the state government is a dagger in the heart of a community that has been giving its all to share the Kimberley experience with Australia and the world. I feel for those companies affected. I feel for the wider community of Broome as this has the potential to impact consumer confidence in a dramatic way, and I feel for property owners in Broome that have enjoyed a few years of strong property market conditions on the back of a booming tourism industry after many, many years of struggles, and now they face another period of uncertainty whilst we wait for the government to release their plan for what happens next. (Imagine releasing a plan about the closure AND the solution/support package at the same time!!) To put in perspective how important the tourism industry is to the property market in Broome, REIWA report that the 10 year growth rate for property in Broome is just 0.9%, but over the last 5 years its been 9.1% per annum. The Covid-19 travel restrictions were one of the best things to happen to Broome. It began with locals being able to enjoy their own area in what would usually be peak tourism season, and then into a tourism explosion, initially from WA based tourists and then from all over Australia. This drove demand for hotel accommodation and then holiday homes. Even the Sydney Cove Oyster Bar relocated its team to Broome! The confidence this put into the residential real estate market was palpable, resulting in new land estates and new construction. What happens next? Not sure - but it's bound to cost the government (i.e. tax payers) plenty if we keep putting road blocks in front of those with aspirations, or just shutting them down altogether. Let's work together to find more pragmatic solutions. Herron Todd White  #valuation  #capitalgains  #cgt  #familylaw  #expertwitness #legalservices #depreciation  #strata  #bodycorporate  #insurance  #audit #financialreporting  #independentadvice  #trustedpropertysolutions

Collier County's tourism sector has seen a significant boost, with a 12.7% increase in economic impact since October. Visitor spending rose 14.1% in May, contributing to a $2.69 billion impact this fiscal year. This surge includes a notable increase in couples and international visitors. Vacation rentals have also shown strong growth, with occupancy rates rising and average daily rates up nearly 11% compared to last year. This growth highlights Collier County as a thriving destination, attracting diverse visitors and enhancing its real estate appeal. https://lnkd.in/eWAtX6C6

#NewYork – 5 Tips On Budget #Travel In The City. Exploring the vibrant city of New York on a tight budget can be a truly rewarding experience, offering a plethora of unique opportunities and lasting memories. By employing some smart tactics and handy tips, you can uncover the hidden treasures of the city without exceeding your financial limits. One useful tip is to make the most of the various complimentary attractions that New York City boasts. Whether it's leisurely wandering through famous parks like Central Park or taking advantage of free entry days at renowned museums, there are numerous ways to enjoy the city's marvels without emptying your wallet. Furthermore, when it comes to dining choices, selecting affordable eateries and street food vendors can significantly cut down your expenses while still allowing you to indulge in the diverse culinary landscape of NYC. Exploring neighborhoods such as Chinatown or Little Italy can provide an authentic taste of local flavors at reasonable prices. Additionally, utilizing discounts and vouchers for attractions, shows, and transportation can further stretch your travel budget. Opting for public transportation is a budget-friendly way to move around the city, with options like the subway and buses offering both convenience and cost-effectiveness. By planning out your schedule in advance and using tools like city maps and apps, you can optimize your travel routes and minimize unnecessary spending on transportation. When it comes to lodging, considering alternative choices like hostels, guesthouses, or vacation rentals can lead to significant savings compared to traditional hotels. Embracing the sharing economy through platforms like Airbnb can offer budget-friendly accommodation options in prime locations throughout the city. In summary, by being mindful of your expenses and taking advantage of the array of budget-friendly resources available in New York City, you can fully enjoy your trip without compromising on quality experiences. Whether you're immersing yourself in cultural activities, exploring local markets, or simply meandering through the lively streets of NYC, strategic planning and resourcefulness will allow you to soak in the city's charms while staying within your budget. New York City is indeed an affordable destination for savvy travelers looking to explore its diverse neighborhoods and unique attractions without overspending. Discover 5 valuable recommendations for traveling on a budget in New York City. Explore the city while saving money with these helpful tips. #NYC #TravelTips #FrizeMediaTravel #tourism https://buff.ly/3XAbV8R #FrizeMedia #tourismchallenge