Report Outlines Significant Growth in Bahamas’ Vacation Rental Market
An Engel & Völkers data report released last week predicts that by next year The Bahamas’ vacation rental market will have more bookings than the traditional hotel market. “We find it interesting that people ‘do a 180’ in their preferences once they use peer to peer (P2P) lodging,” notes a press statement on the report’s findings. “They move directly from preferring traditional hotels to preferring P2P accommodations.” The statement added that some people do not even consider