EXPLORE THE VARIOUS VACATION RENTAL OPTIONS
property at certain times of the year.
Many timeshares are located in hotel
properties. People who will not use
their timeshare slots for the year may
be allowed to sublet them to another,
enabling vacationers to try out accommodations
in an alternate property.
Apartments and condos
Typically located in urban areas or resort
compounds, these properties are
perfect for couples or small families
seeking rooms outside of motels and
hotels that still offer shared amenities
like pools and fi tness centers. Renting
a condo for a vacation may be more
cost-intuitive than booking a hotel and
provide slightly more square footage.
Single-family homes
Detached rental homes offer maximum
privacy, space and amenities for
larger groups or families. These are
great options when pooling resources
with multiple vacationers, as some
homes boast four or more bedrooms
and can serve as the primary gathering
spot for groups. Depending on the
vacation home, it may have a pool or
other recreational features.
Villas or beach/lake homes
Coastal hotel properties or those close
to tourist hotspots can command top
prices. Instead, renting a comparable
villa or beach house might be a better
option. These options typically offer
unparalleled access to sights and amenities
while still allowing renters to
cook some of their meals at the property,
saving on dining out costs.
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Vacationers also can turn to some alternative
accommodations. Houseboats
are fl oating homes that offer living
right on the water. Nature-focused
accommodations like yurts or campsites,
as well as cultural properties like
farmsteads or castles, are some additional
options for people looking for a
unique vacation experience.
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When the weather heats up,
the desire to take a trip
away from home may grow.
Ruby Home Luxury Real Estate estimates
that the United States vacation
rental market is $69 billion. It is forecast
to grow at a rate of 7.4 percent between
2025 and 2030.
Individuals and families have various
options to consider when seeking accommodations
for their getaways.
Widening a search for accommodations
may increase comfort and help
travelers stretch their vacation dollars
further.
Hotels
Timeshares may be a good fi t for
people who travel frequently. Chase
Bank says a timeshare is a contractual
commitment to paying for a vacation
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