Will National Trends Affect Furnished Vacation Rentals in Tucson?
(Newswire.net -- January 31, 2013) Tucson, AZ -- Recent reports suggest that online searches for such things as "vacation rental homes" may provide fewer results than searching for "coporate housing".
The survey performed by a leading corporate housing provider, CHB0, shows that certain various legal regulations parts of the country such as New York and Chicago are changing the language of the industry. Due to legislation that increases restrictions on rentals of less than a month, the term “short term vacation rental” is falling out of favor and the term “corporate rental” is gaining ground.
While the uninformed may think that there is a sudden shortage of short-term furnished rentals available compared to years past and that the industry is suffering, the reality is quite the opposite.
“Business is better than ever,” says Jason Mayer, owner and broker of SunTree Corporate Housing in Tucson, AZ. “Our property inventory has never been better and at the moment we are fully booked with people looking for both Tucson vacation rentals as well as business/corporate housing needs.”
While Mayer says he is aware of the trend, he says that so far it has not affected his specific market.
“Tucson is a long way from Chicago and New York” he says. And while he feels it might make sense to begin to transition a bit more towards the “corporate housing” language in the future, he explains that they have marketed to business travelers’ need for corporate housing in Tucson for several years already.
“Tucson gets a lot of snow-bird vacationers, but we also see a lot of business housing needs from the University of Arizona and the US Border Patrol, among others” said Michelle Vermuelle, a Corporate Housing Specialist at SunTree. “And right now, with the Tucson Gem and Mineral Show, professional golf and professional soccer in town, we have all kinds of clients.”
Both Mayer and Vermuele seemed to echo the sentiment from the CHB0 report that said over 90% of property owners were happy with the arrangement of having their furnished properties rented out on a short term basis. The majority also said they were either break-even or profitable and expected 2013 to be a better year than 2012.
“We definitely see good things in store for people looking for extend stay Tucson housing in 2013 and beyond,” concluded Mayer. And so far, a month down, he seems to be right.
About SunTree Corporate Housing
Suntree Corporate Housing is a locally owned and operated property management company in Tucson, AZ, specializing in the management of furnished properties in the area. Property owners appreciate the high level of personal attention and care their properties get, and travelers enjoy reliable and responsive service from a truly local company. Clients such as traveling or relocated executives, other professionals such as doctors, nurses and US Customs Agents, as well as vacationers can view listings of properties available at www.PerfectFirstImpressions.com
SunTree Corporate Housing
8851 North Oracle Road #397, Oro Valley, Arizona 85704
(520) 940-3025 Toll Free: 1-866-882-6636
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