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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

New HomeAway Summer Travel Report Reveals Economic Hardships Highlight Importance Of Family Vacations

"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 vacationIn 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 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:

  1. Provincetown, Mass.
  2. Ocean City, Md.
  3. Gulf Shores, Ala.
  4. Miami
  5. Las Vegas
  6. Destin, Fla.
  7. Virginia Beach, Va.
  8. Bethany Beach, Del.
  9. Folly Beach, S.C.
  10. Rehoboth Beach, Del.

About the HomeAway Vacation Rental Marketplace Report Data for the HomeAway Vacation Rental Marketplace Report was collected via surveys that polled travelers on vacation rental and travel-related issues .  Results from HomeAway, Inc. internal research are based on 3,200 responses received between March 27 and April 9, 2012.  Market trends were based on a combination of in-depth research of supplier and consumer markets from the HomeAway, Inc. database. In addition, some data included in the report was collected from a survey conducted by Ipsos on behalf of HomeAway among 1,000 U.S. adults the week of February 20, 2012.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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 17,856.78 -278.94 -1.54%
S&P 500 2,071.26 -29.78 -1.42%
NASDAQ 4,927.37 -55.4390 -1.11%

Partners Compare Online Brokers

Free Reports

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