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RE: What You Need To Know In The Vacation Rental Industry 06-24-2017
OTA's and the more vacation rental specific ones, such as HomeAway network (Now Expedia), Tripdvisor Network (includes holidaylettings, flipkey and Niumba) and hotel ones now focused e.g Booking.com really don't have a solution to the multiple problems: lack of synchronisity for real time booking, millions of individual part time owners, crazy cancellation polices, damage deposits, vetting of guest (although Airbnb just bought a company to automate it) and price and cost management levels can be so high its better to refuse a booking than take it.
We did 2017 prediction which seems to be coming true, which includes OTA direction. Anybody out there thinking of buying and renting its not a cottage industry anymore!
Thanks for the insight @richardvaughton!! Great to see you are here in Steemit as well. :)