Want to know about the future of your Business?
- Bookings, The Opportunities, VR Business
- March 31, 2020
Depending on the market the right answer is yes, it is not only possible but necessary.
Are there potential risks for the summer? Yes, there are high risks, not only for people but also for the economy. A balance needs to be found.
READ MOREOne of the biggest, if not the biggest victim of COVID 2019, is Urban Vacation Rentals for several reasons. Perhaps the principal reason is that this segment of VR is not really “seasonal,” but rather it runs all year and because it was in the middle of a huge transformation which is suddenly being interrupted. Also, a very high percentage of the OTA´s business was based on Urban rentals.
READ MOREThis article isn’t about the message that Steve Jobs launched to the world, particularly to Stanford students at their graduate ceremony. (Watch it again)
But it has part of its message and has certain inspiration because those points may make sense now if you have to choose your way to react to these uncertain times.
The idea in front of you is very simple. As a law from every single market, the offer comes before the demand, especially in tourism.
READ MOREHow the scenery after the pandemic will be and how to deal with it
We face uncertain times where any prediction is just that, a prediction. However, for a sector as affected by the pandemic as the vacation rental industry, it is vital to be prepared for the next phase and its possible consequences: what’s next after COVID-19?
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