AllTheRooms.com Launches Global Vacation Rental Index – Paris is Top Global Market for December 2016, New York City Still Priciest
New York, NY (DECEMBER 15, 2016) – Paris is the world’s leading vacation rental market for the month of December, according to a new index of vacation rental volume and price trends launched today by AllTheRooms.com, the world’s largest accommodations search engine.
The AllTheRooms.com Vacation Rental Index tracks accommodations volume and price trends in the top 50 cities around the world. Updated monthly, the index identifies the world hottest vacation rental markets, along with trends in accommodation count and type, median rate, and availability based on live data from leading vacation rental websites, such as Airbnb, Priceline, Expedia, Tripadvisor, VRBO, HomeAway, and hundreds of others worldwide.
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“Our mission with AllTheRooms.com is to bring complete transparency to the global accommodations marketplace,” said Joseph DiTomaso, AllTheRooms.com Co-founder and CEO. “As a byproduct of that effort, we are able to offer deep travel industry insights on trends such as average accommodation cost, volume of availability, and demand on a city-by-city basis. Our Vacation Rental Index is the first of many recurring reports that we will publish as a benchmark for the rapidly growing vacation rental marketplace.”
Based on data collected through December 6, 2016, Paris is the world’s top vacation rental market based on a combination of total property count and average rental rate. It is followed closely by London, Rio de Janeiro, New York City, and Rome (see chart below).
Additional information featured in the full report, includes a detailed breakdown of total property count, property type (whole home, private room, shared room), availability and availability of instant booking for the top 50 vacation rental markets around the globe. To access the full AllTheRooms.com Vacation Rental Index report for December 2016, please click here.
AllTheRooms.com is the world’s largest accommodations search engine. Unique among travel websites for its ability to instantly search every single available accommodation—from a traditional hotel room listed on Expedia to a couch for rent on Craigslist—AllTheRooms.com is able to aggregate data from sites like Airbnb, Priceline, Expedia, Tripadvisor, VRBO, HomeAway, and dozens of others to identify total vacation rental availability worldwide. By virtue of its ability to probe into every corner of the vacation accommodation marketplace, AllTheRooms.com is also the largest aggregator of accommodations industry data. For more information on AllTheRooms.com, please click here. For more information on AllTheRooms.com travel industry data and analyses, click here.