Solutions

The solution to the challenges facing the short-term rental industry lies in direct bookings—where guests can book directly with property owners or managers, eliminating the need for costly intermediaries like OTAs. As long as platforms control the terms and conditions of bookings, travelers will continue to face inflated prices, while vacation rental operators earn less profit and have less control over their bookings. Direct bookings offer a better alternative for both travelers and operators by removing the middleman and lowering costs.

In recent years, the desire for direct bookings has surged. Between 2016 and 2021, direct bookings increased from just 2.29% of all short-term rental bookings to 21.75%, a staggering +900% rise. This growth reflects the rising demand from travelers to book directly with operators, avoiding high OTA fees.

This trend aligns with innovations in web3 technology, which shares a core principle of decentralization and ownership. We believe the "book direct" movement is inherently a web3 movement, and Dtravel is leading the charge by making direct bookings more accessible and beneficial for travelers and short-term rental operators alike.

Last updated