Vacation rentals can save you money if you spend some time looking at the options available. As opposed to booking a hotel room, vacation rentals are much cheaper, primarily because you can fit more people into your unit and rent an apartment that is big enough for all of your party rather than having to choose more than one hotel room.
The other way that vacation rentals can save you money is in that they usually come with full kitchens and even a laundry room. Being able to prepare meals in your unit will save you money, even if only to make breakfast or a light snack. When traveling with families, a kitchen is a god send.
Vacation rentals usually have living and dining rooms, and so you are not just sharing a large bedroom, as you would be in a hotel room. This makes your vacation much more like living abroad and much more comfortable. Family disputes are not pleasant when you are all trapped in the same room.
While privately organized vacation rentals are certainly great value for money, you could make even greater savings if you were to buy or rent a timeshare property. The benefit of this type of vacation rental is that the units are frequently located on resorts where you get to enjoy all the advantages of a hotel and resort, like large swimming pools, spa, gym, restaurants and room service etc, but also enjoy spacious accommodations with kitchens and a home from home environment. Before renting an apartment, why not check out the prices of joining a residence club or vacation club.