In Bermuda, more and more people are renting vacation homes rather than staying in hotels. The highest demand is for large family homes with 5-bedrooms.
Vacation rentals have become a booming market in Bermuda as tourists seek houses and apartments to stay in rather than hotels.
Coldwell Banker Bermuda Realty sales representative Karen Brine said even with 53 listings she had more families to accommodate right now than vacation homes available.
And at least two property owners who rent one-bedroom apartments independently told us they were already almost booked up through the summer.
Mrs Brine said Coldwell Banker’s most popular properties, especially those in Tucker’s Town and those with pools and water views and near bus routes, were nearly booked solid for the summer months already, with families paying $400 up to $2,000 per night (depending on the season) for the two to four-and-five bedroom homes.
Compared to last year this time, Mrs Brine said her vacation and short-term rentals department was 30 percent busier.
She noted 2011 was a good year also for vacation rentals despite the economy, with a total of 1,577 bed nights rented out, mostly to tourists; 75 percent versus 25 percent to business people. A third of the rentals were to repeat visitors.
“The 2012 vacation season is alive and booming and we have approximately 25 guests who are seeking… continue reading
Looking for Myrtle Beach rental homes? Contact us today for more information.