Le Lézard
Classified in: Tourism and vacations, Covid-19 virus
Subject: MRR

Vacation Rental Market Size to Grow by USD 79.30 Billion | 14.09% Estimation of Y-O-Y Growth Rate in 2022 | Technavio


NEW YORK, July 6, 2022 /PRNewswire/ -- In 2020, the outbreak of COVID-19 adversely affected the Vacation Rental Market. The governments of the UK and Germany announced lockdown restrictions to control the spread of the disease. This reduced the demand for various vacation rental properties such as hotels, resorts, and condos, which negatively impacted the growth of the regional market. However, with the initiation of vaccination drives and the steady recovery of the tourism industry in Europe, the demand for vacation rentals started to improve from H1 2021. This trend is expected to continue, which, in turn, will drive the market during the forecast period. Moreover, The Vacation Rental Market value is set to grow by USD 79.30 billion from 2021 to 2026, as per the latest report by Technavio.

Detailed Analysis and Competitive Benchmarking Insights for Effective Decision Making ? View Snapshot of the Report

Vacation Rental Market Geography Outlook (Revenue, USD bn, 2021-2026)

37% of the market's growth will originate from Europe during the forecast period. UK, France, and Italy are the key markets for vacation rental market in Europe. The significant growth of the travel and tourism industry owing to the increase in customer awareness towards rental vacation services will facilitate the vacation rental market growth in Europe over the forecast period. 

Vacation Rental Market Management Outlook (Revenue, USD bn, 2021-2026)

The vacation rental market share growth by the managed by owners' segment will be significant during the forecast period. Increased personal interaction and improved customer inclination are expected to drive the growth of the segment in focus during the forecast period.

To Gain Further Insights on the Market Contribution & Share of Various Segments & Regions - Request for Sample Report

Vacation Rental Market: Growing Tourism Industry and the Increasing Popularity of Short-term Rental Properties to Drive the Market Growth

Vacation Rental Market: Instant Bookings Facility by Online Vacation Rental Sites and Other Channels to Facilitate Real-time Bookings to be the Key Trend of the Market

For More Insights on the Trends and Challenges that will Help Companies Evaluate and Develop Growth Strategies ? Download Sample Report

Some of the Major Vacation Rental Companies

The vacation rental market is fragmented, and the vendors are deploying growth strategies such as technological innovations to compete in the market.

For More Vendor Insights with Latest Product Offerings & News ? Read Sample Report

Related Reports Include

Vacation Rental Market in Europe by Management and Geography - Forecast and Analysis 2022-2026: The vacation rental market share in Europe is expected to increase by USD 29.23 billion from 2021 to 2026, at a CAGR of 8.18%. With the initiation of vaccination drives and the steady recovery of the tourism industry in Spain, the demand for vacation rentals has started to improve from H1 2021, which, in turn, will drive the market during the forecast period. Find More Research Insights Here

Online Home Rental Services Market by Type and Geography - Forecast and Analysis 2020-2024: The online home rental services market share is expected to increase by USD 14.24 billion from 2019 to 2024, at a CAGR of 13%. 38% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for online home rental services in North America. Find More Research Insights Here

Vacation Rental Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 8.42%

Market growth 2022-2026

$ 79.30 billion

Market structure

Fragmented

YoY growth (%)

14.09

Regional analysis

Europe, North America, APAC, MEA, and South America

Performing market contribution

Europe at 37%

Key consumer countries

US, UK, France, Italy, and Australia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

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.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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 characteristics

               2.2 Value chain analysis           

                              Exhibit 03:  Value chain analysis: Specialized consumer services

                              2.2.1    Inputs

                              2.2.2    Pitching and profiling

                              2.2.3    Resourcing and communicating

                              2.2.4    Delivery and support

                              2.2.5    Connecting and innovating

                              2.2.6    Marketing and sales

3. Market Sizing                      

               3.1 Market definition

                              Exhibit 04:  Offerings of vendors included in the market definition

               3.2 Market segment analysis  

                              Exhibit 05:  Market segments

               3.3 Market size 2021 

               3.4 Market outlook: Forecast for 2021 - 2026 

                              3.4.1    Estimating growth rates for emerging and high-growth markets

                              3.4.2    Estimating growth rates for mature markets

                              Exhibit 06:  Global - Market size and forecast 2021 - 2026 ($ billion)

                              Exhibit 07:  Global market: Year-over-year growth 2021 - 2026 (%)

4. Five Forces Analysis                         

               4.1 Five forces analysis            

                              Exhibit 08:  Five forces analysis 2021 & 2026

               4.2 Bargaining power of buyers            

                              Exhibit 9:  Bargaining power of buyers

               4.3 Bargaining power of suppliers        

                              Exhibit 10:  Bargaining power of suppliers

               4.4 Threat of new entrants     

                              Exhibit 11:  Threat of new entrants

               4.5 Threat of substitutes          

                              Exhibit 12:  Threat of substitutes

               4.6 Threat of rivalry   

                              Exhibit 13:  Threat of rivalry

               4.7 Market condition 

                              Exhibit 14:  Market condition - Five forces 2021

5. Market Segmentation by Management                   

               5.1 Market segments

                              The segments covered in this chapter are:

                              Exhibit 15:  Management - Market share 2021-2026 (%)

               5.2     Comparison by Management      

                              Exhibit 16:  Comparison by Management

               5.3     Managed by owners - Market size and forecast 2021-2026           

                              Exhibit 17:  Managed by owners - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 18:  Managed by owners - Year-over-year growth 2021-2026 (%)

               5.4     Professionally managed - Market size and forecast 2021-2026    

                              Exhibit 19:  Professionally managed - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 20:  Professionally managed - Year-over-year growth 2021-2026 (%)

               5.5     Market opportunity by Management      

                              Exhibit 21:  Market opportunity by Management

6. Customer landscape                         

                              Exhibit 22:  Customer landscape

7. Geographic Landscape                    

               7.1 Geographic segmentation

                              The regions covered in the report are:

                              Exhibit 23:  Market share by geography 2021-2026 (%)

               7.2 Geographic comparison    

                              Exhibit 24:  Geographic comparison

               7.3 Europe - Market size and forecast 2021-2026         

                              Exhibit 25:  Europe - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 26:  Europe - Year-over-year growth 2021-2026 (%)

               7.4 North America - Market size and forecast 2021-2026          

                              Exhibit 27:  North America - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 28:  North America - Year-over-year growth 2021-2026 (%)

               7.5 APAC - Market size and forecast 2021-2026             

                              Exhibit 29:  APAC - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 30:  APAC - Year-over-year growth 2021-2026 (%)

               7.6 MEA - Market size and forecast 2021-2026              

                              Exhibit 31:  MEA - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 32:  MEA - Year-over-year growth 2021-2026 (%)

               7.7 South America - Market size and forecast 2021-2026          

                              Exhibit 33:  South America - Market size and forecast 2021-2026 ($ billion)

                              Exhibit 34:  South America - Year-over-year growth 2021-2026 (%)

               7.8     Key leading countries     

                              Exhibit 35:  Key leading countries

               7.9     Market opportunity by geography           

                              Exhibit 36:  Market opportunity by geography ($ billion)

8. Drivers, Challenges, and Trends                  

               8.1     Market drivers  

                              8.1.1    Growing tourism industry and increasing popularity of short-term rental properties

                              8.1.2    Technological advances

                              8.1.3    Strategic partnerships

               8.2 Market challenges              

                              8.2.1    Risks associated with fraudulent vacation rental houses, apartments, and homestays

                              8.2.2    Stringent government regulations

                              8.2.3    Inconsistent service quality

                              Exhibit 37:  Impact of drivers and challenges

               8.3 Market trends      

                              8.3.1    Instant bookings

                              8.3.2    Rapid growth of online booking

                              8.3.3    Adoption of effective promotional strategies

9. Vendor Landscape                            

               9.1     Overview            

               9.2     Vendor landscape           

                              Exhibit 38:  Vendor landscape

               9.3     Landscape disruption     

                              Exhibit 39:  Landscape disruption

                              Exhibit 40:  Industry risks

10. Vendor Analysis               

               10.1 Vendors covered              

                              Exhibit 41:  Vendors covered

               10.2 Market positioning of vendors    

                              Exhibit 42:  Market positioning of vendors

               10.3 9flats.com PTE Ltd.

                              Exhibit 43:  9flats.com PTE Ltd. - Overview

                              Exhibit 44:  9flats.com PTE Ltd. - Product and service

                              Exhibit 45:  9flats.com PTE Ltd. - Key offerings

               10.4 Agoda Co. Pte. Ltd.

                              Exhibit 46:  Agoda Co. Pte. Ltd. - Overview

                              Exhibit 47:  Agoda Co. Pte. Ltd. - Product and service

                              Exhibit 48:  Agoda Co. Pte. Ltd. - Key offerings

               10.5 Airbnb Inc.          

                              Exhibit 49:  Airbnb Inc. - Overview

                              Exhibit 50:  Airbnb Inc. - Business segments

                              Exhibit 51: Airbnb Inc. - Key news         

                              Exhibit 52:  Airbnb Inc. - Key offerings

               10.6 Expedia Group Inc.          

                              Exhibit 53:  Expedia Group Inc. - Overview

                              Exhibit 54:  Expedia Group Inc. - Business segments

                              Exhibit 55:  Expedia Group Inc. -Key news

                              Exhibit 56:  Expedia Group Inc. - Key offerings

                              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 service

                              Exhibit 60:  Hotelplan Management AG - Key offerings

               10.8 MakeMyTrip Ltd.             

                              Exhibit 61:  MakeMyTrip Ltd. - Overview

                              Exhibit 62:  MakeMyTrip Ltd. - Business segments

                              Exhibit 63:  MakeMyTrip Ltd. - Key offerings

                              Exhibit 64:  MakeMyTrip Ltd. - Segment focus

               10.9 NOVASOL AS      

                              Exhibit 65:  NOVASOL AS - Overview

                              Exhibit 66:  NOVASOL AS - Product and service

                              Exhibit 67:  NOVASOL AS - Key offerings

               10.10 Oravel Stays Ltd.            

                              Exhibit 68:  Oravel Stays Ltd. - Overview

                              Exhibit 69:  Oravel Stays Ltd. - Product and service

                              Exhibit 70:  Oravel Stays Ltd. - Key offerings

               10.11 TripAdvisor LLC              

                              Exhibit 71:  TripAdvisor LLC - Overview

                              Exhibit 72:  TripAdvisor LLC - Business segments

                              Exhibit 73:  TripAdvisor LLC - Key offerings

                              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 offerings

                              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 rates for US$            

                              Exhibit 79:  Currency conversion rates for US$

               11.3 Research Methodology   

                              Exhibit 80:  Research Methodology

                              Exhibit 81:  Validation techniques employed for market sizing

                              Exhibit 82:  Information sources

               11.4 List of abbreviations        

                              Exhibit 83:  List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


These press releases may also interest you

6 aoû 2022
Alaska Airlines' airport customer service agents, stores, cargo, ground service and reservations agents, who are represented by the International Association of Machinists and Aerospace Workers (IAM), have ratified a two-year contract extension. The...

6 aoû 2022
Friday 05/08/2022 LOTTO MAX estimated jackpot $55 millions LottoMax MAIN Draw 07, 16, 19, 33, 36, 48 & 49 Bonus 05 MAXMILLION: 04, 19, 20, 29, 30, 39 & 4806, 07, 10, 11, 27, 34 & 3609, 16, 17, 34, 48, 49 & 5009, 21, 34, 35, 37, 46 & 48 SOURCE OLG...

5 aoû 2022
Technavio has been monitoring the Wellness Tourism Market, operating under the Consumer Discretionary market. The latest report expects the market to register an incremental growth of USD 327.56 billion, at a CAGR of 7.55% during the forecast period....

5 aoû 2022
The latest market analysis report titled Aircraft Weather Radar System Market by Application and Geography - Forecast and Analysis 2022-2026 has been recently added to Technavio's catalog. The report predicts the market to witness a potential growth...

5 aoû 2022
Brunswick Main Street officiated a ribbon cutting today for the latest business to join the Brunswick Main Street District, Imagination Station Children's Center. Located at 8 South Maple Avenue, Imagination Station offers before and after-school...

5 aoû 2022
The "Vacation Rental Market by Geography (Europe, North America, APAC, MEA, and South America) and Market Landscape (managed by owners and professionally managed) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With...



News published on 6 july 2022 at 23:45 and distributed by: