The Short Term Rental Market is Growing & Here is Why: 

Key points of this article to understanding market growth:

• The market is driven by new web platforms.

Large companies entering the market provide website platforms for your investments to grow and help ensure higher occupancy.

• New competition to Airbnb is expanding the market.

Many new companies are now available to help expand your portfolio profits that are competing with Airbnb.

• Google is impacting the short-term rental market.

The company Google, now has a platform to help market your short-term vacation rental homes.

• The short-term rental market is growing regardless of rates.

New companies are expanding the marketing capability for vacation homes in the short-term rental market. Higher profits override higher interest rates.

• Multiple homes under one loan are available.

Rental Home Financing is helping those who are expanding with multiple home purchases.

Short Term Rental Market is Booming

According to a recent study, the short-term rental market is booming, with Airbnb and VRBO leading the way. And now Google plans to get in on the action with a new platform that will compete directly with those two companies.

The growth of the short-term rental market can be attributed to a number of factors, including the rise of the sharing economy, the increased availability of vacation rentals, and the flexibility and affordability that they offer.

Airbnb is by far the most popular platform in the space, with VBRO coming in a distant second. And now Google plans to enter the fray with a new platform that will offer similar services.

Who are the Airbnb Competitors?

Airbnb competitors include websites like Vrbo, Agoda, Tripadvisor, and good ole Booking.com, TravelStaytion, and Expedia of course has joined in. We have other new companies like TUI Villas, HomeToGo, Plum Guide, and now even Google. Yes, now Google has gotten into the game!

Google's Impact on Vacation Rentals

While it remains to be seen how Google's platform will impact the profits of Airbnb or VBRO, one thing is for sure: the demand for vacation rentals is on the rise and there is plenty of room for growth.

According to the documents filed by Airbnb, they say Google has prevented Airbnb from reaping internet traffic. So it looks like Google is already trying to position itself ahead of others in the market. They know this market is growing and want a piece of the pie.

- Source: https://www.cnbc.com/2020/11/16/airbnb-s1-google-travel-sites-hurt-airbnb-in-search-results.html

Despite Rising Interest Rates, the Short-Term Rental Market Grows

There is no doubt that the growth of online short-term rental platforms like Google, Airbnb, and Vbro is having a positive impact on the profits of Airbnb investors. These platforms are making it easier than ever for people to find and book vacation rentals, and this is driving the demand for these properties higher and higher.

As a result, Airbnb investors are expanding their portfolio with blanket loans, and those using these platforms to list their properties are seeing their profits grow significantly.

If you're an Airbnb investor and you're not using these online platforms to list your properties, then you're missing out on a huge opportunity. These platforms are revolutionizing the vacation rental industry, and they are providing investors with a tremendous amount of growth all being made easy with blanket loans.

We are your Blanket Lender

If you're looking to get in on the action, we can help set you up with a blanket loan to grow your Airbnb business. With a blanket loan, you can finance multiple properties and take advantage of the booming demand for vacation rentals. So if you're ready to grow your Airbnb business, a blanket loan may be the perfect solution.