Vacation Rental Market, By Accommodation Type (Home, Apartments, Resort/Condominium, Others), By Booking Type (Online, Offline) and By Geography (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Vacation rental homes are typically privately owned vacation properties, with the exception of farms and co-located properties. Clients rent the property for a specified amount of time, sometimes for a month, however, most vacation rentals are rented for a week or more. Vacation rentals can be either fully-furnished or partially-furnished. Regardless of whether consumers plan to rent the property out for a month or a year, there are many factors to consider when choosing a vacation rental.
A vacation rental property must provide basic living accommodations, such as a bed, kitchen, and bathroom. It must also be used for personal purposes for at least 14 days. This is different than a short-term rental, which is typically less than a month long. It is also important to know that vacation homes can be rented for shorter periods of time.
Market Dynamics:
The growth of global vacation rental market is spurred by various factors, including improved infrastructure. The number of millennials has also contributed to the industry's development. Moreover, social media and internet platforms are helping promote tourist destinations and hotels. Furthermore, the growing economy of sharing economy and the influence of the millennial generation are some other factors fostering the growth of the vacation rental market.
The increase in demand for vacation rentals has created opportunities for entrepreneurs in this field. Moreover, newer trends like short-term rentals and home-sharing platforms are also gaining popularity and benefiting the vacation rental market. However, factors such as political conflicts and terrorism, and declined disposable income among consumers are likely to obstruct growth of the global vacation rental market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global vacation rental market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global vacation rental market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include 9flats.com Pte Ltd., Expedia Group Inc., NOVASOL A/S, Booking Holdings Inc., MakeMyTrip Pvt. Ltd., Wyndham Destinations Inc., Tripadvisor Inc., Airbnb, Hotelplan Management AG, and Oravel Stays Pvt. Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global vacation rental market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vacation rental market
- Global Vacation Rental Market, By Accommodation Type:
- Home
- Apartments
- Resort/Condominium
- Others
- Global Vacation Rental Market, By Booking Type:
- Online
- Offline
- Global Vacation Rental Market, By Region:
- North America
- Europe
- Asia-Pacific
- Central & South America
- Middle East & Africa
- Company Profiles:
- Expedia Group Inc.
- Booking Holdings Inc.
- Wyndham Destinations Inc.
- Airbnb
- Oravel Stays Pvt. Ltd.
- Hotelplan Management AG
- Tripadvisor Inc.
- MakeMyTrip Pvt. Ltd.
- NOVASOL A/S
- 9flats.com Pte Ltd.
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Accommodation Type
- Market Snapshot, By Booking Type
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Increase in consumer preference towards vacation rental properties over traditional hotels
- Increasing government support and initiatives towards traveling and vacation
- Restraints
- Decline in disposable income in consumers
- Political conflicts and terrorism
- Opportunities
- The sluggish air travel demand around the world
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Vacation Rental Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Vacation Rental Market , By Accommodation Type, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Home
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Apartments
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Resort/Condominium
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
- 6. Global Vacation Rental Market , By Booking Type, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
- 7. Global Vacation Rental Market , By Region, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
- 8. Competitive Landscape:
- Expedia Group Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Booking Holdings Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Wyndham Destinations Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Airbnb
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Oravel Stays Pvt. Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Hotelplan Management AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Tripadvisor Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- MakeMyTrip Pvt. Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- NOVASOL A/S
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- com Pte Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- 9. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Vacation Rental Market” - Global forecast to 2030
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