Cape Cod, Mass. summer vacation rental market is red hot

Do you want to get away? Tuesday — known as National Plan for Holiday Day — might be the day to make a plan to do this. Mike Karras, a property professional based in Yarmouth, said that when it comes to summer vacation rentals on Cape Cod, they are experiencing an unprecedented market with limited availability and high demand. Some people combine vacation rentals with their work from a home office. “A lot of people are starting to come and vacation not just for a week or two. Some of them book for months and even whole summers,” says Karras. When it comes to booking, many are also switching from traditional real estate agents to online hosts like VRBO and Airbnb. “Twenty-nine percent of our booked nights were for a month or more, and nearly half of our stays were more than a week,” Airbnb’s Samuel Randall said. Randall said the red-hot summer rental market isn’t limited to just the Cape or even the Cape. Massachusetts. “There are an abundance of very interesting and beautiful cities across the country. And as the world reopens around the world, people need to be open to when they want to travel,” he said. According to a 2021 study, conducted by travel experts, 77% of full-time employees agree that taking a vacation is important to their job satisfaction.

Do you want to get away? Tuesday — known as National Plan for Holiday Day — might be the day to make a plan to do this.

Mike Karras, a property professional based in Yarmouth, said that when it comes to summer vacation rentals on Cape Cod, they are experiencing an unprecedented market with limited availability and high demand.

Some people combine vacation rentals with their work from a home office.

“A lot of people are starting to come down and vacation not just a week or two weeks. Some of them book for months and even whole summers,” says Karras.

When it comes to booking, many are also switching from traditional brokers to online hosts like VRBO and Airbnb.

“Twenty-nine percent of our booked nights were for a month or more, and nearly half of our stays were for more than a week,” said Airbnb’s Samuel Randall.

Randall said the red-hot summer rental market isn’t limited to just the Cape or even Massachusetts.

“There is an abundance of very interesting and beautiful cities across the country. And as the world reopens around the world, people need to be open to when they want to travel,” he said.

According to a 2021 study conducted by travel experts, 77% of full-time employees agree that taking vacations is important to their job satisfaction.

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