Vacation Rentals News – January, 2009

• Vacation rental market to see a massive growth Saturday, January 17, 2009
  According to the latest research conducted by the company PhoCusWright, the vacation rental market will now have a great influence on the online agencies, online travelers, hotels and resorts.
  
  
• Convert Timeshare To Vacation Rental in Current Economy Wednesday, January 07, 2009
  Timeshare owners who find they are over their head have the option to refinance their loan. Often owners will be able to work with the resort developer to get a new loan at a cheaper interest rate. If they feel that they cannot afford another loan they may also have the option of returning the timeshare back to the resort. One of great options for timeshare owners to convert their weeks into vacation rental. Since vacation rental business is booming, more and more people are looking to great destinations.
  
  
• More violation notices continue to go out for vacation rentals in Bar Harbor. Monday, January 05, 2009
  Weekly rental violation notices are still being mailed out even though there is an appeal in process to change the codes for vacation weekly rentals...Currently there are several other weekly vacation rentals that are pending appeals before the board of appeals. There are several people who are taking their cases to the board because they own rental cottages and need the income they provide.
  
  

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