Second Homeowners in Orlando to Feel Upsurge in Rental Income As Consumer Awareness of Vacation Home Rentals Grows

Released on: July 10, 2008, 8:21 am

Press Release Author: Ypartnership

Industry: Real Estate

Press Release Summary: The vacation rental industry's nonprofit consumer awareness
group, Discover Vacation Homes, anticipates a tidal wave of new rental occupancy
this and next year that stems from advocacy efforts geared toward travelers seeking
Orlando accommodations.

Press Release Body: ORLANDO, Fla. (July 9, 2008) - The vacation rental industry's
nonprofit consumer awareness group, Discover Vacation Homes, anticipates a tidal
wave of new rental occupancy this and next year that stems from advocacy efforts
geared toward travelers seeking Orlando accommodations. The economic effects will be
felt across the board by Central Florida's property management companies and, in
turn, by their second homeowner partners pursuing real estate investment returns.

"Consumer awareness of Orlando's vacation home rental product is now growing with
great momentum. As more travelers become receptive to the option and its benefits,
we expect Orlando's second homeowners to experience a paralleled boost in rental
income," states Steve Trover, President of Discover Vacation Homes.

Homeowners often utilize the services of a property management company to ensure
quality control for their guests, and often, more rental bookings for a higher
return when compared to other real estate investment options.

"Nearly all of our group's funds are dedicated to increasing the public's knowledge
of the vacation rental category through national public relations and publicity
efforts. The ensuing ripple effect will be felt by the entire industry."

Vacation rental homes managed through Discover Vacation Homes' eight founding
members are privately owned. Association members manage the home rental, marketing,
maintenance, and administration process and, in some instances, assist in the
purchase and sale of homes.

About Discover Vacation Homes
Discover Vacation Homes works to promote and publicize vacation rentals as one of
Central Florida's fastest-growing lodging categories. The organization is comprised
of the most well-established vacation home rental management companies in the
industry, collectively representing nearly 13 percent of all vacation homes in the
Orlando area. Vacation rentals often cost less than a single hotel room, provide
considerably more space and, in many instances, amenities not found in one's own
home. Association membership is based on a commitment to uphold Discover Vacation
Homes' code of ethics and business practices to ensure guests are provided a quality
lodging experience. For more information and to view a list of member companies,
visit www.DiscoverVacationHomes.com.

# # #



Web Site: http://www.DiscoverVacationHomes.com

Contact Details: Media Contact:
Amanda Patrick
Account Executive, Ypartnership Public Relations
Amanda.Patrick@ypartnership.com
(407) 838-1829

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