Wednesday, December 23, 2009

Quick Facts About Short Term Rental Market

Did you know that there are 25,000 short term rentals in the vacation market in Orlando primarily surrounding areas of International Drive and Disney Area.  This represents 25% of the hotel rooms Orlando has to offer. Orlando area has just over 1,000,000 hotel rooms.  Within the short term rental market, 7,000 homes are owned by Non-US residents.  After doing some analysis, the volume of short term rental properties under $100,000 is quickly shrinking as compared to a few months ago, and this past summer.