With the pandemic fueling a travel bonanza this summer, vacation rental homes have enjoyed a steady nightly appreciation in listing rates, cementing their value as investments. The business was already booming for the vacation rental market before the pandemic, but interest has skyrocketed in the past year. The global vacation rental market size is expected to reach $113.9 billion by 2027, according to a report by Grand View Research. In March, Avi Vaknin, CEO of HomeEscape, said that the com

Vacation rental homes and condominiums are becoming more attractive to consumers looking for greater value from their travel dollar, according to HomeEscape – the world’s fastest-growing vacation home rental website. According to a growing body of statistics, Florida vacation rentals are significantly more affordable and attractive to guests than hotel rooms, offering travelers far more room to relax with their families than a traditional hotel room. Florida travelers, especially those venturi

As a vacation rental homeowner, you are probably already using every method possible to market your property, including having a listing on HomeEscape. With increasing competition in the vacation rental landscape, it is now more important than ever to differentiate your listing from others. More competition = more opportunity for rentals. Creating a compelling title is half the battle. If you can entice visitors to click, then getting them to book is much easier. Your property photo and title d

A vacation rental can offer homeowners a break from taxes. Basically, if your rental has sleeping, cooking, or bathing facilities, then you qualify for tax deductions. If you bought your home primarily for personal enjoyment, you can typically deduct your mortgage interest and real estate taxes, similar to your primary residence. The tax law also permits homeowners to rent their property for up to 14 days a year without paying taxes on that income, in addition to deducting for any uninsured casualty losses too. If you own a vacation home but never visit it, other tax rules apply. Without personal use, the law considers the home an investment or rental property. Time spent checking in on the house does not count as personal use.