Archives : 2009 : May
Vacation Rental Trends – Thru April
May 5th, 2009Got the latest data in on several key vacation rental metrics.
Call volume for NAVIS clients in the Continental U.S. took a downward turn in April, going from -13% Year-Over-Year variance to -19% YOY – as indicated by the bottom portion of the graph below.
Interestingly enough, the Average Length of Stay (ALS) was just the opposite for April, actually 8% above the previous April, whereas March YOY was -5%. Looking ahead at bookings through the summer, ALS is pretty much in line with the previous year, going from a little over 4 days in April to nearly 7 days in August.
The good news is that bookings aren’t nearly as terrible as they have been. For April, bookings are -9% to last April. That YOY variance is considerably better than -25% and -27% for Feb and Mar respectively. Hopefully, this is a trend that will continue.
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