NEW YORK , Nov. 11, 2022 /PRNewswire/ — The “Vacation Rental Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026” report has been added to Technavio’s providing. The report expects the market measurement to develop by USD 79.30 billion between 2021 and 2026. However, the expansion momentum is predicted to decelerate at a CAGR of 8.42% in the course of the forecast interval. The report identifies Europe as the foremost market for trip rental companies. About 37% of the general market progress is predicted to originate from this area.
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Regional Analysis
Europe contributes considerably to the worldwide trip rental market. The progress of the journey and tourism business contributes to the expansion of the holiday rental market within the area. The regional market is already witnessing an increase within the variety of new startups akin to HomeToGo and Holidu GmbH. Effective promotional actions and the appearance of the net medium are anticipated to entice new distributors to the market in Europe. Also, elevated buyer consciousness of rental trip companies is predicted to contribute to the expansion of the holiday rental market in Europe.
Market Dynamics
- Driver: The market is pushed by the rising tourism business. The growth of the tourism business considerably contributes to a rustic’s GDP. Hence, a number of governments have applied methods that favor the expansion of the worldwide tourism business. The international improve within the variety of vacationers leads to excessive demand for trip rental properties. Baby boomers have been contributing considerably to the expansion of the worldwide journey and tourism business. This has led to a rise within the variety of home and worldwide vacationers, which has positively impacted the demand for trip rental properties.
- Trend: Instant bookings facility provided by on-line trip rental websites and different channels to facilitate real-time bookings is without doubt one of the main developments within the market. The availability of on the spot reserving choices has elevated the diploma of services or products differentiation within the international trip rental market. Many present market distributors have invested in autoresponder expertise, which saves money and time. This expertise permits automated responses to inquiry emails and repetitive inquiries, which is predicted to create a novel person expertise. This pattern is predicted to propel the expansion of the market in focus. Know concerning the impression of drivers and developments on the expansion of the market. Buy Report Now!
Key Vendors Covered:
- 9flats.com PTE Ltd.
- Agoda Co. Pte. Ltd.
- Airbnb Inc.
- Expedia Group Inc.
- Hotelplan Management AG
- MakeMyTrip Ltd.
- NOVASOL AS
- Oravel Stays Ltd.
- TripAdvisor LLC
- Wyndham Hotels and Resorts Inc.
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Vacation Rental Market Management Outlook (Revenue, USD Billion, 2021-2026)
- Managed by house owners – measurement and forecast 2021-2026
- Professionally managed – measurement and forecast 2021-2026
Vacation Rental Market Geography Outlook (Revenue, USD Billion, 2021-2026)
- Europe – measurement and forecast 2021-2026
- North America – measurement and forecast 2021-2026
- APAC – measurement and forecast 2021-2026
- MEA – measurement and forecast 2021-2026
- South America – measurement and forecast 2021-2026
Technavio’s pattern experiences are freed from cost and include a number of sections of the report, such because the market measurement and forecast, drivers, challenges, developments, and extra. Request a free sample report
Related Reports:
- The vacation rental market share in Europe is predicted to improve by USD 29.23 billion from 2021 to 2026, decelerating at a CAGR of 8.18%. The market is segmented by administration (managed by house owners and professionally managed) and geography (UK, France, Italy, Spain, and Rest of Europe).
- The cruise tourism market measurement progress is predicted to progress at a CAGR of 11.97% and is estimated at USD 4.24 billion from 2021 to 2026. The market is segmented by product sort (passenger ticket and onboard services), software (ocean cruising and river cruising), and geography (North America, Europe, Asia, and Rest of World (ROW)).
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Vacation Rental Market Scope |
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Report Coverage |
Details |
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Page quantity |
120 |
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Base 12 months |
2021 |
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Forecast interval |
2022-2026 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 8.42% |
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Market progress 2022-2026 |
USD 79.30 billion |
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Market construction |
Fragmented |
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YoY progress (%) |
14.09 |
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Regional evaluation |
Europe, North America, APAC, MEA, and South America |
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Performing market contribution |
Europe at 37% |
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Key shopper international locations |
US, UK, France, Italy, and Australia |
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Competitive panorama |
Leading firms, aggressive methods, shopper engagement scope |
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Companies profiled |
9flats.com PTE Ltd., Agoda Co. Pte. Ltd., Airbnb Inc., Expedia Group Inc., Hotelplan Management AG, MakeMyTrip Ltd., NOVASOL AS, Oravel Stays Ltd., TripAdvisor LLC, and Wyndham Hotels and Resorts Inc. |
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Market Dynamics |
Parent market evaluation, Market progress inducers and obstacles, Fast-growing and slow-growing phase evaluation, COVID-19 impression and future shopper dynamics, and market situation evaluation for the forecast interval. |
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Customization purview |
If our report has not included the information that you’re on the lookout for, you may attain out to our analysts and get segments personalized. |
Table of contents:
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
2.1.1 Parent market
Exhibit 01: Parent market
Exhibit 02: Market traits
2.2 Value chain evaluation
Exhibit 03: Value chain evaluation: Specialized shopper companies
2.2.1 Inputs
2.2.2 Pitching and profiling
2.2.3 Resourcing and speaking
2.2.4 Delivery and help
2.2.5 Connecting and innovating
2.2.6 Marketing and gross sales
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of distributors included within the market definition
3.2 Market phase evaluation
Exhibit 05: Market segments
3.3 Market measurement 2021
3.4 Market outlook: Forecast for 2021 – 2026
3.4.1 Estimating progress charges for rising and high-growth markets
3.4.2 Estimating progress charges for mature markets
Exhibit 06: Global – Market measurement and forecast 2021 – 2026 ($ billion)
Exhibit 07: Global market: Year-over-year progress 2021 – 2026 (%)
4. Five Forces Analysis
4.1 Five forces evaluation
Exhibit 08: Five forces evaluation 2021 & 2026
4.2 Bargaining energy of consumers
Exhibit 9: Bargaining energy of consumers
4.3 Bargaining energy of suppliers
Exhibit 10: Bargaining energy of suppliers
4.4 Threat of recent entrants
Exhibit 11: Threat of recent entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market situation
Exhibit 14: Market situation – Five forces 2021
5. Market Segmentation by Management
5.1 Market segments
The segments lined on this chapter are:
- Managed by house owners
- Professionally managed
Exhibit 15: Management – Market share 2021-2026 (%)
5.2 Comparison by Management
Exhibit 16: Comparison by Management
5.3 Managed by house owners – Market measurement and forecast 2021-2026
Exhibit 17: Managed by house owners – Market measurement and forecast 2021-2026 ($ billion)
Exhibit 18: Managed by house owners – Year-over-year progress 2021-2026 (%)
5.4 Professionally managed – Market measurement and forecast 2021-2026
Exhibit 19: Professionally managed – Market measurement and forecast 2021-2026 ($ billion)
Exhibit 20: Professionally managed – Year-over-year progress 2021-2026 (%)
5.5 Market alternative by Management
Exhibit 21: Market alternative by Management
6. Customer panorama
Exhibit 22: Customer panorama
7. Geographic Landscape
7.1 Geographic segmentation
The areas lined within the report are:
- Europe
- North America
- APAC
- MEA
- South America
Exhibit 23: Market share by geography 2021-2026 (%)
7.2 Geographic comparability
Exhibit 24: Geographic comparability
7.3 Europe – Market measurement and forecast 2021-2026
Exhibit 25: Europe – Market measurement and forecast 2021-2026 ($ billion)
Exhibit 26: Europe – Year-over-year progress 2021-2026 (%)
7.4 North America – Market measurement and forecast 2021-2026
Exhibit 27: North America – Market measurement and forecast 2021-2026 ($ billion)
Exhibit 28: North America – Year-over-year progress 2021-2026 (%)
7.5 APAC – Market measurement and forecast 2021-2026
Exhibit 29: APAC – Market measurement and forecast 2021-2026 ($ billion)
Exhibit 30: APAC – Year-over-year progress 2021-2026 (%)
7.6 MEA – Market measurement and forecast 2021-2026
Exhibit 31: MEA – Market measurement and forecast 2021-2026 ($ billion)
Exhibit 32: MEA – Year-over-year progress 2021-2026 (%)
7.7 South America – Market measurement and forecast 2021-2026
Exhibit 33: South America – Market measurement and forecast 2021-2026 ($ billion)
Exhibit 34: South America – Year-over-year progress 2021-2026 (%)
7.8 Key main international locations
Exhibit 35: Key main international locations
7.9 Market alternative by geography
Exhibit 36: Market alternative by geography ($ billion)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Growing tourism business and rising reputation of short-term rental properties
8.1.2 Technological advances
8.1.3 Strategic partnerships
8.2 Market challenges
8.2.1 Risks related to fraudulent trip rental homes, residences, and homestays
8.2.2 Stringent authorities rules
8.2.3 Inconsistent service high quality
Exhibit 37: Impact of drivers and challenges
8.3 Market developments
8.3.1 Instant bookings
8.3.2 Rapid progress of on-line reserving
8.3.3 Adoption of efficient promotional methods
9. Vendor Landscape
9.1 Overview
9.2 Vendor panorama
Exhibit 38: Vendor panorama
9.3 Landscape disruption
Exhibit 39: Landscape disruption
Exhibit 40: Industry dangers
10. Vendor Analysis
10.1 Vendors lined
Exhibit 41: Vendors lined
10.2 Market positioning of distributors
Exhibit 42: Market positioning of distributors
10.3 9flats.com PTE Ltd.
Exhibit 43: 9flats.com PTE Ltd. – Overview
Exhibit 44: 9flats.com PTE Ltd. – Product and repair
Exhibit 45: 9flats.com PTE Ltd. – Key choices
10.4 Agoda Co. Pte. Ltd.
Exhibit 46: Agoda Co. Pte. Ltd. – Overview
Exhibit 47: Agoda Co. Pte. Ltd. – Product and repair
Exhibit 48: Agoda Co. Pte. Ltd. – Key choices
10.5 Airbnb Inc.
Exhibit 49: Airbnb Inc. – Overview
Exhibit 50: Airbnb Inc. – Business segments
Exhibit 51: Airbnb Inc. – Key information
Exhibit 52: Airbnb Inc. – Key choices
10.6 Expedia Group Inc.
Exhibit 53: Expedia Group Inc. – Overview
Exhibit 54: Expedia Group Inc. – Business segments
Exhibit 55: Expedia Group Inc. -Key information
Exhibit 56: Expedia Group Inc. – Key choices
Exhibit 57: Expedia Group Inc. – Segment focus
10.7 Hotelplan Management AG
Exhibit 58: Hotelplan Management AG – Overview
Exhibit 59: Hotelplan Management AG – Product and repair
Exhibit 60: Hotelplan Management AG – Key choices
10.8 MakeMyTrip Ltd.
Exhibit 61: MakeMyTrip Ltd. – Overview
Exhibit 62: MakeMyTrip Ltd. – Business segments
Exhibit 63: MakeMyTrip Ltd. – Key choices
Exhibit 64: MakeMyTrip Ltd. – Segment focus
10.9 NOVASOL AS
Exhibit 65: NOVASOL AS – Overview
Exhibit 66: NOVASOL AS – Product and repair
Exhibit 67: NOVASOL AS – Key choices
10.10 Oravel Stays Ltd.
Exhibit 68: Oravel Stays Ltd. – Overview
Exhibit 69: Oravel Stays Ltd. – Product and repair
Exhibit 70: Oravel Stays Ltd. – Key choices
10.11 TripAdvisor LLC
Exhibit 71: TripAdvisor LLC – Overview
Exhibit 72: TripAdvisor LLC – Business segments
Exhibit 73: TripAdvisor LLC – Key choices
Exhibit 74: TripAdvisor LLC – Segment focus
10.12 Wyndham Hotels and Resorts Inc.
Exhibit 75: Wyndham Hotels and Resorts Inc. – Overview
Exhibit 76: Wyndham Hotels and Resorts Inc. – Business segments
Exhibit 77: Wyndham Hotels and Resorts Inc. – Key choices
Exhibit 78: Wyndham Hotels and Resorts Inc. – Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objective
11.1.3 Notes and caveats
11.2 Currency conversion charges for US$
Exhibit 79: Currency conversion charges for US$
11.3 Research Methodology
Exhibit 80: Research Methodology
Exhibit 81: Validation strategies employed for market sizing
Exhibit 82: Information sources
11.4 List of abbreviations
Exhibit 83: List of abbreviations
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