International travel is on the rise and awareness of vacation rentals is improving, making overseas inquiries increasingly likely for your vacation rental property. What can you do to help accommodate foreign guests and ensure they have a good stay?
International Travel Growing In The U.S.
International travel grew 4% last year globally, and the U.S. is angling to get a bigger slice of that market. “In the first half of 2012 alone, international visitors spent an estimated $82.2 billion… an increase of 11 percent when compared to the same period last year,” according to the U.S. Commerce Department.
Earlier this year, President Obama announced the Task Force on Travel and Competitiveness, an effort that aims to double the travel and tourism business by 2021.
Where will these travelers come from? Over the next five years, visitors from other parts of North America (i.e. Canada and Mexico) will account for 42% of those visits, while people from Asia — and specifically China — as well as Western Europe and South America will comprise most of the remaining 58%. Continue Reading…