This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Rent High Life in Plush Homes: Unreal Estate

Stocks in this article: HOT PCLN MAR

SEATTLE ( TheStreet) -- For nine years, I've organized fall foliage trips to Vermont for friends who -- in harder times -- found $100 weekend lodging a bit rich for their blood. However, since 2001, I've been able to locate lakeside houses with hot tubs, indoor fire pits, boats and, usually, enough sleeping space to keep everyone happy.

This year's model, a seven-bedroom cabin with private pond, Jacuzzi, fireplace and canoe came out to $109 per person after taxes for a three-night stay. That's just $20 more than an average night at one of the town's four hotels and $50 less than a night at a local inn or bed and breakfast, according to TripAdvisor.

You can get this cushy pad in Palm Springs for less than the price of a hotel room.

"If you have friends and family coming along, good grief you'd better stay in a vacation rental," says Bill Furlong, chief executive of Seattle-based Escapia, which oversees vacation property management site and rental site "Imagine what a hotel room looks like after two days in Hawaii with a family of four. You dream of going home."

The vacation rental industry has matured well beyond the shore-and-slopes niches of its infancy. Bookings at Escapia, which comprises more than 200 rental companies throughout the U.S., climbed 8% in June from a year earlier after the company focused on North Carolina's Outer Banks, coastal Oregon and Hawaii. Its distribution partner HomeAway has become the seventh-largest travel site in the world, with rentals in New York, Paris and London as well as Dubai, Cape Verde and Thailand.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs