This is why our guest are getting such an awesome deal!!  They get the full house and amenities, but at a small fraction of what people are spending on buying a place.  Lets look at the stats for this latest transaction:
   – The average price was $1.9 million for 93 suites. The lowest price was $895,000.   
   -That included a Presidential Suite penthouse for $6.4 million.
   -40% of the buyers were international

People will always invest in a great location and an awesome vacation experience.  Even in a down economy.  Look at the amount of foreign investment – think about focusing on attracting international guest who are happy about the cheap dollar.

And what do they get?  Ok – they get the fantastic Maui experience.  But in terms of accommodations, they get a one or two bedroom suite.  Ahhhh, what a rip-off.   At least that is what I am going to keep telling myself.

Read the full article

Ran into this great article by PJ Thomas today about promoting the idea and educating individuals about the great vacations to be had from vacation rentals.  This brings to the forefront again the importance of us promoting our industry and educating the vast number of vacationers that do not take advantage of our industry.

P.J. Thomas is editor and co-publisher of Pathfinders Travel Magazine for People of Color, a nationally distributed publication founded in 1997, and co-host of “Travel with Pathfinders” on WPGC-AM in Washington, D.C. Contact her at pjthomas@pathfinderstravel.com.

Click to read the full article – P.J. Thomas: Looking for a luxury vacation? Try renting a homewith family and friends