Cooks Gardens

2007 saw the peak for the travel and tourism industry within the United States. But as the recession hit the US market in 2008 and into 2009, the travel industry suffered massive losses. San Francisco was hit particularly hard due to its notoriety of being a more expensive city than other similar destinations with the US. The once hot vacation rental market within San Francisco suffered big losses. But after the first half of 2010 winds down, it seems as though the San Francisco vacation rental market is beginning to rebound.

Because traditional hotel operators within the city tend to have higher price points than other major US destinations, San Francisco vacation rentals have been a hot business item for quite some time. It is only until recently, however, that vacation rentals in San Francisco have started to outgrow traditional occupancy level for hotels. While the world-wide recession disabled this growth in 2008 and 2009, 2010 has begun to see numbers gradually pick up in terms of occupancy rates for vacation rentals. This comes as welcomed news to the growing population of small business owners that have built their livelihoods around renting out vacation rentals.

The second reason that can be attributed to the growing popularity of San Francisco vacation rentals is due to the emergence of quality booking sites, such as GoldenGateVacations.com. Sites such as this provide users with a reliable platform by which rentals can be booked online, without the hassle of constant back and forth emails from non-responsive owners. As more and more companies such as these begin to emerge, the business of vacation rentals is assuredly set to continue to grow.

As the economy rebounds, business travel has once again picked up. While most companies and small businesses slashed and eliminated travel budgets during the 2008 and 2009 seasons, many are beginning to gingerly test the waters once again. The biggest difference, however, is the fact that while companies are again traveling to trade shows and conventions, the budgets still remain tight. That is why employees are encouraged to seek out the best value-added option as possible. San Francisco vacation rentals provide just that.

While 2008 and 2009 hit the travel industry extremely hard throughout the United States and within cities such as San Francisco, the first half of 2010 has so far seen some promising numbers. Though most experts agree that the US economic is in recovery, this theory still remains somewhat controversial. Because the travel and tourism industry is so intrinsically linked to the health of the economy, only time will tell as to what the fate of San Francisco travel will be. But so far the numbers show small improvement, and this trend is expected to continue so long as the United States economy slowly shows some gains over the next two quarters and into the 2011 season.