Holiday rental supply booms in thailand & dubai

Q3 Marketplace Report from HomeAway.co.uk reveals Spain as top destination for summer 2011 and growth in rentals market in Thailand and Dubai

Report highlights:

• More Brits than ever opt for Spain as their top summer destination
  
• Dubai and Thailand see considerable increases in holiday rental supply
• 70% of holiday home owners will not increase their rental rates despite council tax increase
  
• Holiday rentals are top choice for Christmas holidays

The latest figures from www.HomeAway.co.uk, the UK's number one holiday rentals website, show Spain was the most popular destination for summer holidays in 2011. In terms of the number of booking enquiries for breaks in Q3 2011, Malaga Province and Majorca claimed first and second place, followed by Ibiza in sixth place.

There was also a clear preference towards short-haul breaks, with nine out of the top ten destinations for summer 2011 holidays being either in the UK, or within a three hour flight distance.

Source: Property4Media.com