Vacation home rentals will again be high up on the list of preferred accommodations, according to a new survey of 1,600 U.S. travelers just completed by The Home Depot and Tripping.com.
The survey report, entitled, The Ideal Vacation Rental Home for Millennials, Boomers and Beyond: Insights from The Home Depot and Tripping.com Survey details what vacationers are looking for in a home rental. Among our survey’s top findings:
- If you are a homeowner or condo owner renting out your place this year, make sure you’re updating your home’s Wi-Fi and internet access. 56% of respondents said it was an interior feature they would be willing to pay extra for, and 86% said it was the technology they desired most for their rental.
- Communal spaces such as kitchens are extremely important to vacation home renters. It pays to spruce up indoor kitchen and outdoor grilling areas, because 64% of those surveyed ranked them as top amenities for the vacation homes they plan on renting, especially since 41% use these vacation homes for family reunions.
- Misleading pictures on a vacation rental listing site for a home rental is the top pet peeve of those surveyed, so vacation rental owners should make sure they are taking the appropriate pictures to show off the top features of a property, like a washer/dryer, new AC unit, or modern TV.
- Make the vacation property amenity-rich, in order to attract business travelers. 16% of those surveyed have used a rental for business travel accommodations – and the number is growing.
More amenities can mean more potential income for vacation home owners: survey respondents noted they'd be willing to pay extra for a dishwasher, stainless steel appliances, and kitchen accessories. When considering renovations, home owners should think Tech and Eco-Friendly; one in four Millennial males, for example, expect a smart TV, while 42% of all respondents want to stay in an energy efficient home, and 52% expect to see recycling options.
Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.
She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
