KLM Royal Dutch Airlines will launch a new flight between Portland, Oregon, and Amsterdam in October, replacing a flight from partner Delta Air Lines between the two cities.
24.06.2024 - 22:09 / travelweekly.com
With about 85,000 hotel rooms, Paris is accustomed to handling crowds of tourists.
Yet even the “City of Light” figures to be flashing “no vacancy” signs when more than 15 million visitors are expected for the Paris Olympic Games July 26 to August 11.
Surging numbers of short-term rental hosts are eager to help meet the demand. For a sector that’s been grappling with new regulations and what they mean for the future, the spotlight cast in Paris is just one reason 2024 could prove pivotal in solidifying short-term rentals’ place in the travel industry.
“All of this is leading to a kind of inflection point,” said Merilee Karr, CEO of UnderTheDoormat Group, a London and Paris-based operator of luxury short-term rentals. “And I think a kind of marking of the year that short-term rentals come of age.”
Karr’s confidence extends beyond the impact of major events like the Olympics.
STR supply is more agile, easy to list, operate and remove so it can be done more easily than hotels, meaning it can adapt and change more quickly.Share this quoteIn its end-of-year market report, hospitality intelligence platform Lighthouse, formerly OTA Insight, predicts a rise in what it calls “destination diversity” will help short-term rentals surpass hotels in terms of average price growth this year.
“Are we witnessing a major pivot in tourism trends?” the report posited. “Are consumers looking further afield to dodge the crowds, unearth new experiences and snag more budget-friendly trips?”
In answering its own questions, the report concluded that current trends and evolving tourist preferences suggest “a significant shift is underway.”
“There is more hunger for bargains and destinations a little more off the beaten path in 2024, with culture and experiences especially valued over a standard vacation experience.”
“STR supply is more agile, easy to list, operate and remove so it can be done more easily than hotels, meaning it can adapt and change more quickly,” Lighthouse CEO Sean Fitzpatrick said.
Phocuswright senior researcher Madeline List agreed.
“There's a lot of potential for the short-term rental category to get people to new places and to get people that local exposure,” she said. “It’s good on the condition that the neighborhoods are ready to accept additional tourists.”
To take advantage of these opportunities, short-term rental advocates like Karr see a need for the sector to mature. She anticipates seeing more consolidation among management companies and possibly a winnowing of supply in markets that became oversaturated following COVID, especially as more government regulations comes into play.
“We’ve been kind of a spotty adolescent,” Karr said of the sector. “There are lots of good entrepreneurial ideas out
KLM Royal Dutch Airlines will launch a new flight between Portland, Oregon, and Amsterdam in October, replacing a flight from partner Delta Air Lines between the two cities.
At home in Paris, a red lip feels like an everyday part of life. An undeniable classic, it can be worn softly smudged on for coffee in the morning or applied more thoughtfully at night. It complements an already dressed-up look, elevates jeans and a T-shirt, and makes a Zoom call read like I’m not wearing sweats.
Vitruvian Partners, an international investment firm, made an additional $50 million venture investment in Civitatis, a curated marketplace for tours and activities mainly serving travelers from Spain and Latin America.
The Taylor Swift travel effect is driving more than high hotel rates and airfare. The pop music diva is also driving a booming business at Airbnb through the end of this year.
On this episode of The Last Resort, host Christina Jelski talks to Brandon White, owner of Share the Magic Travel, to talk about his recent visit to the Sandals Saint Vincent and the Grenadines.
A question I was often asked as a recent college grad was why I had multiple credit cards. The answer was that I had stumbled across the world of points and miles and discovered The Points Guy in my efforts to learn more about travel credit cards during college. I was amazed by all the opportunities for (almost) free travel I could unlock just by owning the right cards.
This as-told-to essay is based on a conversation with Nadia Rose , a 31-year-old feminine embodiment guide and creative director in Bali. She also runs a YouTube channel with her partner, Steve Willis, about their life on the island. This essay has been edited for length and clarity.
I finally realized that my parents are, in fact, always right. Unfortunately, learning my lesson took a stint in a windowless cabin on a Carnival cruise.
A sandy, 15-mile spit that reaches across Arcachon Bay like a protective arm, Lège-Cap Ferret, on France’s western coast, is that country’s answer to New York’s Montauk, albeit dialed back a decade or two. Cap Ferret — not to be confused with Cap Ferrat, the glitzy, southeastern French peninsula with almost the same name — is a 30-minute ferry ride from the seaside town of Arcachon and features a varied, contrary, landscape: oyster farms on the tranquil lagoon, or side, and a broad surf beach on the Atlantic side (“When there are waves, they are gigantic,” says the designer and architect Philippe Starck), which has attracted Parisians since the 1950s.
There’s nothing quite like the atmosphere of a festival. Great music, immaculate vibes, and memories to last a lifetime. But there is more to the festival scene than Glastonbury and Coachella, especially over in France. The ever-increasing prices and difficulty of getting tickets mean that people are casting their eyes elsewhere in search of a fun, memorable festival with excellent artists, an electric atmosphere, and great value for money. So whether you want to discover up and coming artists or are following your favourites on tour, pack your tents and hop on the ferry with DFDS to check out some of the amazing festivals happening in France this year.
Over the last few months the 2024 Paris Olympics has been presenting a golden opportunity for the travel industry, with short-term rental platforms already experiencing a surge in bookings. But what are the last minute opportunities left now for the travel industry to make the most of the Olympics? What kinds of challenges and even risks exist for those involved in selling Olympic related products? And with only a few left till it starts, could the opportunities really be over before the games have even started?
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