"It's no surprise that a large portion of the summer vacation budget goes toward accommodations, but what many people don't realize is they can significantly reduce their expenses by staying in a vacation rental," says Brian Sharples, chief executive officer of HomeAway. "With multiple bedrooms and a full kitchen families can travel together more comfortably and more cost effectively than renting multiple hotel rooms. Plus, vacation rentals help foster togetherness and create memories by bringing friends and families under one roof without the distractions back home."
About half (46 percent) of travelers see the benefits of renting a vacation rental, reporting they will stay in one on their summer vacation. In fact, 16 percent of those travelers are staying in a vacation home rental for the first time this year. Another 18 percent will stay in some other type of accommodation this summer and 36 percent haven't finalized their plans yet.
Most Popular Summer Vacation Spots Reveal Americans' Love Affair with the Beach Continues
According to traveler inquiries made on HomeAway.com for stays between Memorial Day and Labor Day, nine of the top 10 most popular summer vacation destinations this year are Atlantic Coast and Gulf Coast beaches. The only exception is Las Vegas, which ranks as the fifth most popular destination. The top 10 includes:
- Provincetown, Mass.
- Ocean City, Md.
- Gulf Shores, Ala.
- Las Vegas
- Destin, Fla.
- Virginia Beach, Va.
- Bethany Beach, Del.
- Folly Beach, S.C.
- Rehoboth Beach, Del.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
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.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV