Previously, tourism contributed more than 10% of the country’s gross domestic product. However, due to international border closures and nationwide lockdowns, the tourism sector’s direct gross value added has dropped by nearly half in the last two years. As we recover from the pandemic’s devastation, we are constantly looking for new ways to earn money. At the same time, the desire for a vacation is palpable all over the world after months of lockdown. As a result, the concept of “staycations” was born, in which real estate property owners collaborate with affiliate marketing websites to rent out their condos, houses, rooms, cars, and other items for a short-term stay or use. In this article, we’ll be listing 7 of the best listing sites available in the Philippines wherein you can post your short-term condo for rent.
Read Also: The Impact of Tourism in Real Estate
The Staycation Trend
According to the Cambridge dictionary, the term “staycation,” which originated in the United States, is a neologism derived from the contraction of “stay” and “vacation.” A staycation is a type of alternative tourism that adheres to the slow tourism trend. Slow tourism encourages you to be present at the moment. It encourages you to take your time, explore nearby landscapes, reconnect with nature, and spend more time outdoors with the people you care about. Since 2011, Google searches for the term STAYCATION in the Philippines have increased year after year. Indeed, the average rise has been 10%. This implies that an increasing number of Filipinos are looking for staycation options and would prefer to stay not only in the country but also close to home. A variety of factors contribute to the growing popularity of staycations in the Philippines.
It is one of the transitions of post-pandemic since there were few options for hotels to generate revenue from their rooms during lockdowns unless they served as a government-supported quarantine quarter, accepting staycations is a big morale booster for everyone in the hotel business to see and serve guests again. It provides them with a renewed sense of new purpose. So, if you currently own a condominium and are having difficulty deciding which website to partner with in renting your condo for a short-term stay, here is a list of the best sites to partner with for condo short-term rent.
Where Should You Post Your Condo for Rent?
Airbnb is a website that connects travelers looking for lodging with hosts looking to list their properties. The company has seen tremendous growth in the Philippine market in recent years, with people preferring to book Airbnb accommodation over hotels. The Philippines published a 300 percent growth potential year on year for us travelers when using the Airbnb platform, a website where people can rent out their condominiums for short-term stay accommodation, making it the quickest ASEAN’s expanding market region. When compared to traditional types of lodging, Airbnb listings provide guests with lower rates and more personalized experiences.
One of the positive remarks of partnering with Airbnb is for its well-known for providing a wide variety of community groups in which owners and managers can network, share tips, and brainstorm new ideas for improving the overall Airbnb experience. Take note that signing up and listing a property on Airbnb is free, with fees assessed per booking.
Agoda is a global online accommodation reservations provider, a technology innovator, and a high-energy company headquartered in Asia’s heartland. With an active network of over one million accommodation properties, including apartments, villas, homes, and hotels, and over 15 million genuine traveler reviews, Agoda assists other travelers in discovering and exploring new experiences in new destinations. Surely short-term rent for your condo will have the exposure you need.
The set-up and listing are free for property owners, and then Agoda Homes takes a commission on bookings.
If you post your listing on one of the world’s largest travel booking websites, such as booking.com, it will get a lot of attention. People often use Booking.com to make reservations for other parts of their trip, such as flights or rental cars. So, people who would opt for renting short-term stays in your condo will find it convenient. Also, you can have your listing in front of people when they are making decisions about their vacation, which can lead to more bookings. Booking.com had built a reputation for saving time when planning a trip, so it is most likely one of the websites to be considered by customers in planning their next trip
4. Facebook Marketplace
Since it increases exposure and generates leads for free, Facebook Marketplace is a good place to post apartment, condominium, rooms, and rental listings. It’s also quick and simple to post a rental listing on Facebook, making it an excellent platform for marketing your property. Needless to say, millions of people peruse the Marketplace every day. And, since Facebook began focusing on property rental listings in 2017, it resulted to an increasing number of people have used Marketplace to find a condo for short-term stay. Furthermore, if you want to increase your exposure, you can pay to boost a listing. Boosting increases the number of people who see and interact with your post. So, posting a rental on Facebook Marketplace is an excellent way to generate more leads or sign leases faster.
TripAdvisor has been acquiring apartment rental companies such as FlipKey, holidaylettings, and HouseTrip, and all of those listings are now available through its search engine. There’s no shortage of options with nearly 1 million properties spread across 190 countries. And, as you might expect, each property has its own review system. Take note that registering a property with TripAdvisor Vacation Rentals is free, but you will be charged a fee per booking of your property.
ZipMatch offers a team of consultants to help with everything from property selection to investment. ZipMatch has residential properties for rent ranging from resort-style or short-term rent condos to townhouses. Unlike other real estate e-commerce websites, ZipMatch allows you to search for properties based on their overall score. ZipMatch’s features include a team of personal homebuying consultants who specialize in both properties and home loans, a comprehensive database of properties with complete guides and easy-to-understand tips, articles, and videos, and a comprehensive database of properties with complete guides and easy-to-understand tips, articles, and videos.
Lamudi.com.ph is the leading online real estate platform in the Philippines. This provides a safe and simple platform for sellers, buyers, and renters to find and list properties online. Connecting developers, real estate agents, and private owners with property seekers, Lamudi Philippines helps individuals find their ideal house, condominium, lot, or commercial property whether for personal use, investment purposes, or short-term rent. Customers and sellers on the platform have the option of conducting a search or interacting with a wide range of properties ranging from houses to flats, plots of land, commercial, and development properties.