10 Reasons To Consider Staying At A Vacation Rental Vs A Hotel

William Huston, AIF®, AIFA®

by in Published on May 30, 2022

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10 Reasons To Consider Staying At A Vacation Rental Vs A Hotel

Picture this, you and your friends/ family have been dreaming about going for that dream vacation and the time to plan has finally come. Exciting, right?

Your itinerary is set, you’ve booked your flights and now it's time to decide where you'll stay. Most times, people opt to stay in either hotels or vacation rentals. You're torn in between the two and aren't sure what to pick.

To stay at a hotel or to stay at a vacation rental?

With the changing times, vacation rentals are becoming more popular for a couple of reasons. Why, you may ask? Keep reading to find out more.

Before we proceed though, let's define what a vacation rental is.

A vacation rental is a property - be it a furnished apartment, villa, cottage, beach house or condo that is rented out to tourists on a short term or temporary basis.

According to GlobeNewswire, the US vacation rental market was valued at $14.32 billion in 2021 and is expected to reach up to $21.53 billion in 2026.

Now that we have that covered, here are 10 reasons why you should consider staying at a vacation rental as opposed to a hotel on your next trip.

10 Reasons Why You Should Stay In A Vacation Rental z On Your Next Trip

1. More space to relax and get comfortable

If you're traveling as a large group, you definitely need more space for accommodation. Booking numerous hotel rooms for different people will for sure cost you more money. However, if you choose to stay in a vacation rental, you can book a home or apartment that can fit everyone.

Usually, vacation rentals have bigger living rooms, common rooms and outdoor spaces. This means that there's enough room for everyone to relax, work and play.

2. Save money

Staying at a vacation rental is not only comfortable but also cost effective. When booking one, you and your friends or family can choose to stay at a home that offers more space at a lower price.

With amenities such as a fully equipped kitchen where you can prepare all your meals, a washer and multiple bedrooms, you'll find that it's more cost effective to stay at a vacation rental than a hotel.

3. Find the home of your dreams

Whether you're looking to stay by the beach, in the woods or in a remodeled bus, it's a guarantee that you can find a vacation rental that matches your vision. You can literally stay in the home of your dreams!

4. More privacy

For optimal privacy, a vacation rental is your best bet. Staying at a hotel room can at times mean being kept awake by your loud neighbors or other guests in the hallway. With a vacation rental, you have the home all to yourself. You can get to enjoy amenities like a hot tub, private pool, balcony/ patio depending on the type of property.

5. Ability to find kid friendly homes

If you're traveling with children, finding kid friendly hotels might not be the easiest task. With vacation rentals, you can sift through multiple options to find exactly what you want.

With homes that are kid friendly, you're likely to find all necessary baby and kid items like cribs, high chairs, beach toys, kids toys & books, bottle warmers, sterilizers, child-friendly cutlery, etc.

6. Free Wi-Fi to help you stay connected

Many vacation homes are connected to Wi-Fi, which guests get to use for free. If you're on a work trip or would simply love to catch up on your favorite show(s) then you're good to go.

Compared to hotels, the Wi-Fi connection in vacation homes is usually better and faster. Some hotels typically charge for Wi-Fi, one of the many up-charges hotels incorporate into a stay.

Also if you'd like to completely unplug from all technology, you can ask your host to remove all the modern technology like TV and Wi-Fi.

7. Access to free laundry facilities

Most vacation rentals usually have a washer and a dryer. If a washer/dryer is important to you, be sure to confirm with the owner when booking your vacation. Having easy access to on site laundry facilities can not only save you money and time, but also offer you the convenience of packing less.

8. Bring your pet

Pets are part of the family too.

A lot of rental properties offer travelers the option of bringing their pet. To be safe, inquire with the owner of the home on their pet policies before you book your stay. Also inquire if you'll be required to pay an additional nominal charge.

9. Well-equipped kitchen

Most vacation rental homes come with a well-equipped kitchen. Preparing your own meals can not only be more economical but you can also prepare meals that cater to everyone's needs and preferences.

With a well equipped kitchen, you can be able to cook, reheat leftovers, boil water, make coffee, pack picnic lunches and keep drinks cold.

10. Ease of finding a disabled friendly home

If you're traveling with a person who has a disability, you can find and book a vacation home that caters to their needs.

Check in with the host on the facilities in the home to ensure that their stay is nice and comfortable.

Looking for the perfect luxury getaway in LA? Resthaven is the perfect vacation rental for you.

Resthaven is a luxury vacation rental located in Venice, California. The home is perfect for people looking to experience luxury travel, on company retreats, on their honeymoon or simply looking for a new adventure.

This home sits on 3,400 sq. ft., has 4 beds and 4.5 baths. It's close proximity to popular tourist attractions such as Muscle Beach, Ocean Front Walk and the Venice Fishing Pier makes it the perfect home for tourists looking to explore the city.

Overall, Resthaven is a luxurious, safe and private vacation rental where you can relax, unwind and just breathe. Would you like to get more information on the home? Contact us today!

Things To Look Out For When Booking A Vacation Rental

To avoid any surprises when booking a rental vacation home, here are five things to look out for:

  1. Check-in and check-out times. You can ask the host if these timings are flexible.

  2. Availability of a parking space. Most vacation rentals offer a private garage or parking space.

  3. Ensure that the space is safe for small children.

  4. Take note of any additional fees that may apply.

  5. Location and amenities. Countercheck that the home you want to book is in your preferred location and has the amenities that you're looking for.

Conclusion

Going on a vacation doesn't always have to be expensive. If you're looking to save some coins and get value for your money, try booking a vacation rental on your next trip for a different experience.

They can be comfortable spots where you and your friends/ family get to create new and fun memories together!

Bay Street Capital Holdings

Bay Street Capital Holdings is an independent investment advisory, wealth management, and financial planning firm headquartered in Palo Alto, CA. They manage portfolios with the goal of maintaining and increasing total assets and income with a high priority on managing total risk and volatility. Although many advisors may focus on maximizing returns, they place a higher priority on managing total risk and volatility.

Our founder, William Huston founded Bay Street after 13 years of supporting the United States' largest retirement plan ($650B) Thrift Savings Plan. He is recognized as Investopedia’s Top 100 Financial Advisors for 2021. In California, only two black-owned firms out of nineteen firms received this recognition. In Scottsdale Arizona, Ekenna Anya-Gafu CFP, AAMS is recognized among the Best Financial Advisors for his responsiveness, friendliness, helpfulness, and detail. Bay Street was founded to advocate for diverse and emerging fund managers and entrepreneurs. In 2021, Bay Street was selected as a finalist out of over 900 firms across the US in the category of Asset Manager for Corporate Social Responsibility (CSR).

For more information about Safehaven, get in touch with us today.

Sources

https://marcoislandbeachgetaway.com/10-reasons-to-stay-in-a-vacation-rental/

https://www.usatoday.com/story/travel/hotels/2020/12/17/hotels-vs-vacation-rentals-which-is-better-for-families/3922240001/

https://thepointsguy.com/guide/vacation-rental-family-travel/

https://www.fingerlakespremierproperties.com/blog/vacation-rental-vs-hotel/

https://l8vacationrentals.com/guest-resources/hotels-vs-vacation-rentals/

William Huston, AIF®, AIFA®
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