Vacation Rental Market by Management and Geography - Forecast and Analysis 2020-2024
- Published: Oct 2020
- Pages: 120
- SKU: IRTNTR40053
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The vacation rental market size is expected to grow by USD 62.97 billion and record a CAGR of 7% during 2020-2024.
This post-pandemic global vacation rental market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this vacation rental market analysis report, key drivers such as adoption of effective promotional strategies have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.
What will the Vacation Rental Market Size be in 2020?
Browse TOC and LoE with selected illustrations and example pages of Vacation Rental Market
Who are the Key Vendors in the Vacation Rental Market?
The vacation rental market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:
- 9flats.com Pte Ltd.
- Airbnb Inc.
- Booking Holdings Inc.
- Expedia Group Inc.
- Hotelplan Holding AG
- MakeMyTrip Pvt. Ltd.
- NOVASOL AS
- Oravel Stays Pvt. Ltd.
- TripAdvisor Inc.
- Wyndham Destinations Inc.
The vacation rental market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
This vacation rental market report further entails segmentations by management (managed by owners and professionally managed) and geography (APAC, Europe, MEA, North America, and South America). View our sample report to gather market insights on the segmentations.
To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.
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The report offers an up-to-date analysis of the geographical composition of the market. Europe had the largest market share in the vacation rental market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
37% of the market’s growth will originate from Europe during the forecast period. Spain, France, and Italy are the key markets for vacation rental in the region. This report provides estimations of the contribution of all regions to the growth of the vacation rental market size.
What are the Key Factors Covered in this Vacation Rental Market Report?
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive vacation rental market growth during the next five years
- Precise estimation of the vacation rental market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the vacation rental industry across North America, APAC, Europe, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of vacation rental market vendors
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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