Despite travel slowdown, Traum-Ferienwohnungen home listings witness an average 17X annual return

 Despite travel slowdown, Traum-Ferienwohnungen home listings witness an average 17X annual return

Bremen, Germany, 17 August 2023: Traum-Ferienwohnungen, a leading vacation rental platform in Germany and Europe, shared that its homeowners have achieved an average return of 17X on fee paid in FY23. Notably, the top 10% of homeowners have clocked 51X returns on average on their subscription fee, while the top 25% have seen over 25 times returns. This showcases the effectiveness of Traum-Ferienwohnungen's subscription-based model, distinguishing it from the commission-based approach adopted by most of it’s the industry peers, such as Airbnb and Booking.com. With a starting annual fee of 297 euros, homeowners can reach over 45 million holiday makers annually through the platform, while enjoying complete transparency and no additional charges.

A region-wise split reveals that homeowners from Hamburg saw 22 times average return on investment, the highest in Germany. Following closely behind are the Schleswig-Holstein and Mecklenburg-Vorpommern regions, with 20X and 18X average returns.

Unlike other vacation rental platforms that charge homeowners a substantial commission fee on each booking, Traum-Ferienwohnungen operates on a flat annual subscription fee model which allows for more transparency and flexibility, along with several other benefits. While a majority of the big competitors typically charge homeowners an average commission fee of 15-30% per booking, Traum-Ferienwohnungen's fixed annual subscription fee enables homeowners to retain all their rental income.

Additionally, the model allows homeowners and guests to communicate directly. Homeowners can choose the guests they want to rent their homes to, and guests can share their requirements, ask questions, and get insights directly from the homeowners. This direct interaction builds trust and ensures a pleasant experience and reduces unpleasant surprises for both homeowners and guests.

Commenting on the growth, Gautam Swaroop, CEO of OYO Vacation Homes, (the parent entity of Traum-Ferienwohnungen, said: "We are happy to see such outstanding results for our homeowners. Our goal has always been to empower homeowners and provide them with a transparent platform that allows them to maximize their earnings. The fact that on an average our homeowners have experienced a return on subscription of over 17 times in one year despite travel slowdown is a testament to the effectiveness of our subscription-based model. We hope to continue with the same momentum in the next year as well and provide homeowners with opportunities to maximize their earnings.”

Christine Hüppeler from Vermietungsservice Dangast said: “‘The number of enquiries that we get through Traum is extremely high and, we have been able to convert that 80% of those into bookings. It's refreshing to be on a transparent and flexible platform that puts homeowners' interest first. The direct communication with guests has also been a key differentiator for us. We can personally engage with them, understand their needs, and provide a more personalized experience. It’s a win-win for both guests and homeowners.”

Traum-Ferienwohnungen has been steadily expanding its presence and continually adding to its inventory of listings. Recently, the company witnessed a growth of 14% in new vacation home listings during the first quarter of 2023 compared to the previous year.

These vacation homes are available to book on https://www.traum-ferienwohnungen.de/

About Traum- Ferienwohnungen:

Established in 2001, Traum-Ferienwohnungen is an online vacation rental platform with 100,000 vacation homes in its portfolio. Traum-Ferienwohnungen's subscription-based model allows for more transparency, enabling homeowners to connect directly with guests and come to an arrangement beneficial for both. In addition to conventional apartments or houses, the portfolio also offers unique holiday accommodation such as tree houses, houseboats, windmills, and castles, for the guests to choose from.

Since May 2019, Traum-Ferienwohnungen is part of OYO Vacation Homes, one of the leading vacation rental companies in Europe. In addition to Traum-Ferienwohnungen, TUI-Ferienhaus, the Dutch full-service holiday home provider, Belvilla and the Danish company DanCenter also belong to OVH. 

For more information, visit www.traum-ferienwohnungen.de