Vacation Rental Market to record USD 79.30 Bn progress; Europe to occupy 37% market share

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

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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)).

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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