How the Economy Shapes the Vacation Rental Space and What the Data Shows Today!
Track: Data and Revenue Management
Session Number: 3119
Date: Tue, Oct 25th, 2022
Time: 4:30 PM - 6:00 PM
Description:
In addition to historic and forward bookings metrics, the outlook for the vacation rental industry is highly dependent on the overall economy. In this session, Jason Sprenkle of Key Data will be joined by economist Jacob Belk, Vice President of Forecasting and Data Science at John Burns Real Estate Consulting. Jason and John will to try to provide some clear insights into where we are heading. The housing market, stock market, interest rate hikes, and the international political landscape continue to shape and define much of the forward-looking demand. We'll discuss how factors like these shape the vacation rental landscape and how they are likely to impact the short and long term outcomes for our industry.
Session Type: Breakout Session
2 Learning Outcomes:
Attendees should expect the following core takeaways:
- Where we are headed
- How the VR space is impacted by the broader economic markets
Session Type: Breakout Session
2 Learning Outcomes:
Attendees should expect the following core takeaways:
- Where we are headed
- How the VR space is impacted by the broader economic markets
