Spring Break Orlando Florida – Dramtically Lower Hotel and Vacation Home Rates Being Offered
As usual, we have been talking to many hoteliers and vacation home managers in the Orlando area. We do this to get some forecasted near term travel outlook in the local Orlando tourism and convention markets.
Many of the hotels we spoke to have had an okay December 2008 with an unusually strong Christmas. January 2009 was below par when compared to last year. However, February 2009 numbers appear to be way down when compared to last year, and the bookings the pace for spring break (March/April) is significantly slower.
On the bright side, guests are making reservations, but they are booking at the very last minute. As an example, race week for the Daytona 500 in February 2008 filled Orlando three months in advance. This year, hotels were not getting a significant portion of their reservations until 3 days in advance.
Many short term rental management companies we spoke to last week think a general decline of 15-20 % in the number of visitors to Orlando would be realistic for 2009 as the United States and much of the world teeters on the edge of an economic recession, and possible severe recession.
In conclusion, 2009 short term rental bookings in Orlando will be off significantly from 2008. In addition, long term booking windows will become a thing of the past.
Much to the delight of those persons who still decide to visit the Orlando area in 2009, they will benefit from dramatic rate cuts, free upgrades and whatever else short term rental companies can do to entice visitors to stay with them over the competition.