Changing trends in holiday rentals

Writer: Stuart Cohen CabinCare Property Management & Project Specialists.

As increased numbers of holiday rental hosts feel the momentum pick up, so the spirits of those involved are soaring at the prospect of a return to a semblance of normality. There are reports of increasing enquiries for year-end accommodation and hosts are anticipating a reasonable influx of South African visitors.

With few international travellers expected, heightened competition is developing in this market and many hosts are doing their utmost to spruce up their accommodation offerings in order to compete in what, this year, will be an over-flooded market. This leaves holidaymakers with a wide choice, especially as there are no clear guidelines on nightly rates.

Research on Airbnbs in the Overstrand shows that, for example, quality accommodation for a six- sleeper can range from R1 800 per night to R3 500 per night. Whilst normally one would be able to ascribe this discrepancy to the difference in quality of the amenities, appliances, décor and finishes, this year very similar properties offering the same amenities are on the market at vastly different rates.

Click below to read more. (The full article can be found on page 16)