With virtual reality making its debut in 2017, one of the hottest trends in the industry is the use of VRBOs to rent out their spaces.
But it’s not just vacation rentals that are being transformed.
According to the U.S. Department of Housing and Urban Development (HUD), the number of VRBIOs has grown exponentially, up more than 20-fold since 2017.
And with more than 500 VRBO operators now available across the country, it’s clear the industry has taken off in a big way.
In this infographic, HUD explains why VRBO rentals are gaining popularity and how to make sure you’re comfortable renting out your space with them.1.
What is VRBO?
VRBO are rented out spaces for VR headsets that have been designed specifically for VRBO use.
While there are several different VRBO models available, the biggest trend in 2017 was the adoption of the Oculus Rift, which offers a 360-degree view of your surroundings.
The headsets are designed for immersive VR experiences and include a built-in motion tracker.
VRBO can be rented out in the U of A (U of A) and the University of Toronto (UT).2.
How do VRBO operate?
VRBOO operators use the VR headset to capture the VR environment and then record a 360° panoramic video using an Oculus Rift and other hardware to overlay onto a panoram.
The operator then uses a projector to create a VR virtual environment, which can be displayed to guests at their table.3.
Can VRBO be rented to anyone?
While there is currently a cap of $3,000 per VRBO, the number is growing rapidly.
With VRBO renting options available across Canada, it seems that the industry can take advantage of the increased popularity of VR.4.
What should I do if I’m looking to rent VRBO space?
You may have seen VRBO spaces advertised on Craigslist, Airbnb or other sites.
It’s important to keep your eye on the listings and make sure they are suitable for VR use.
If you’re unsure about renting VRBO due to the cap, you may want to ask a local operator to help you find a VRBO for you.