A new PhoCusWright study on the dramatic growth in the vacation rental market indicates that companies like Zonder, the leader in real-time, online booking of private homes, cabins, condos and villas, are well positioned to overcome distribution barriers and are making this attractive rental option accessible to consumers.
The study, PhoCusWright’s Vacation Rental Marketplace: Poised for [...]

Travelers looking for alternatives to hotels have helped grow the vacation rental market to a $24.3 billion industry, according to a new study.
Sherman, Conn.-based travel research group PhocusWright Inc. conducted the study, which forecasts that online vacation rental bookings will nearly double between 2007 to 2010. According to the study more than 40 percent of [...]