Orlando Vacation Homes Rentals

posted by orlandovacationhome on Nov 23

One of the commercial areas that is expected to improve in 2010 is the international tourism market and the number of direct international flights to the Orlando International airport.

The Orlando travel market is highly dependent on direct to flights that originate from an overseas destination. These convenient direct flights bring in international travelers that on average spend a great deal more than the everyday tourist. This is very important for the local economy.

Some of the upcoming new direct to Orlando international flights include:

• Airtran – Aruba, and Netherland, Antilles Air Travel to Orlando Begins February 2010
• Airtran – Montego Bay, Jamaica Orlando flights Begin February, 2010

Direct international Florida flights also began in 2009 for the following airlines:

• Air Canada – Airline service to Halifax, Nova Scotia
• JetBlue – International service to Bogota, Colombia and Nassau, Bahamas
• Martinair - Amsterdam, Netherlands Flights to Orlando Began October 15th
• Mexicana Airlines – Flights to Florida from Mexico City
• Sunwing Airlines – Airfare to Orlando from Montreal, Ottawa and Toronto Canada
• Taca Airlines – San Salvador, El Salvador Airfare to Orlando Began November 1st
• TAM Airlines – Orlando flights from Sao Paulo-Guarulhos Brazil
• Westjet Airlines – Florida flights from Ontario and Winnipeg Canada

This is also good news for the Orlando villa rentals market. As the number of direct international flights to Orlando rises, so will the number of guests for vacation rentals. One example would be the presence of the UK to Orlando Florida flights with over 3 options daily to London Gatwick alone. It has never been a better time to visit Florida.

Canada is also a hot target with the introduction of the “Orlando for Canadians” tourism promotion. Internationally and especially in Western Europe, vacation villas have a much higher consumer awareness than in the United States, but this is changing.

As we have blogged in the past, short term villa rentals continue to become more accepted and mainstream domestically. Our contention  and mission, as stated on our main page, is the need for more information to bolster consumer confidence in the quality of vacation home accommodations in the area. Our website contains over 80+ reviews of vacation home communities in the Central Florida region.

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posted by orlandovacationhome on Nov 1

We started this blog with this tagline promise “… the inside scoop”. We never thought good news would be this hard to find much less discussed publicly.

Although it’s no large consolation for Orlando villa homeowners who are losing their homes to foreclosure, the recent 50%+ slide in petroleum prices

Gas / Petrol Prices Down

should be a big boon for the Orlando vacation home industry/market. This would include both the domestic and international travel market that is desperate for some good news. This drop in fuel should help bring about firmer occupancy demand for the Orlando vacation home market. We have established in another blog that vacation villas in Orlando can present a great value to consumers in general when purchased at a distressed level from a bank. Those on the ground in Orlando estimate that transient occupancy demand is now off by as much as 15% year over year due to the recession. Disney attendance by all accounts is off as well.

As stated in another area of the blog, one cannot be sure where the bottom is for actual vacation home pricing. There are many factors that come into play in evaluating this. However, one can be sure that lower costs for petro should eventually help turn the travel market in the right direction to the benefit of vacation home owners and consumers. Demand in the vacation home rental consumer market does play a role in the valuation equilibrium which is played out in the form of net rental revenues to the home owner. Let’s hope that will be the case moving into 2009.

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