Vacation Rental Market size was valued at USD 85.57 Billion in 2023 and the total Vacation Rental Market size is expected to grow at a CAGR of 4.27 4.8 % from 2024 to 2030, reaching nearly USD 114.7 Billion by 2030.

Vacation Rental Market Overview

Stellar Market Research, an Vacation Rental business research firm has published a report on the “Vacation Rental Market”. As per the “Vacation Rental report,” the total market for Vacation Rental Market was USD 85.57 Bn. in 2023 and is expected to reach USD 114.7 Bn. by 2030.

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Vacation Rental Market Report Scope and Research Methodology

The report on the Market covers an in-depth analysis of the industry. Key insights of the report include the Vacation Rental Market size and the growth rate. Statistical and analytical tools are then used to analyse the data, identify market trends, estimate market size and growth potential. Additionally, competitive analysis may be conducted to understand the market share, product offerings, and competitive strategies of key market players. Comprehensive research is crucial for providing accurate and dependable insights into the Vacation Rental Market, and guiding decision-makers about the present and future status of the market.

Such an analysis provides valuable information on market penetration, regional dominance and growth strategies adopted by the key players in the market. Swot analysis is used to identify the strength and weaknesses of the market. The bottom-up approach was used to estimate the Vacation Rental Market size

Vacation Rental Market Regional Insights

The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis used in the report to understand the Vacation Rental market status in various countries.  The Vacation Rental market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Vacation Rental Market Segmentation

Based on Booking Mode, the Online Segment held the largest share in the Vacation Rental Market in 2023 and is expected to grow with an increasing CAGR till 2030 owing to a shift in customer preference for online booking has boosted the market growth. Online booking offers convenience and gives freedom for travellers to book a house at any time.

Based on Accommodation Type, the Home segment dominated the market and is expected to maintain its dominance through the forecast period. Travellers are increasingly favouring vacation rentals over hotels owing to their comfort, affordability, privacy and family and pet-friendly nature. Amenities provided by the homeowners are the major driving factors that have propelled the market growth. As home offers luxurious amenities like a private gym, private pool etc. which has accelerated the demand in the market. Rental homes offer more privacy and space than hotels rental homes usually offer better value for the money than hotels.

By Booking Mode

Online
Offline

By Accommodation Type

Homes
Apartments
Resorts
Others

By Price Range

Economic
Mid-Range
Luxury

To delve deeper into this research, please follow this link: https://www.stellarmr.com/report/Vacation-Rental-Market/1845 

Vacation Rental Market Key Players

Housewise
AirBnB Rental Management Company
Vacasa
VTrips
9flats.com Pte Ltd.
Booking Holdings Inc.
Expedia Group Inc.
MakeMyTrip Pvt. Ltd.
NOVASOL AS
TripAdvisor Inc.
Wyndham Destinations Inc.
Booking Holdings Inc.
Hotelplan Holding AG.
Oravel Stays Pvt. Ltd. (OYO Rooms)
TripAdvisor Inc.
HomeAway
Interhome
RedAwning
GuestHouser
Awaze
Evolve
Homerez
The Travel Chapter
Feriepartner
Sol og Strand
XXX Inc

Key questions answered in the Vacation Rental Market are:

• What is Vacation Rental ?
• What was the Vacation Rental market size in 2023?
• What is the growth rate of the Vacation Rental Market?
• Which are the factors expected to drive the Vacation Rental market growth?
• What are the different segments of the Vacation Rental Market?
• What growth strategies are the players considering to increase their presence in Vacation Rental ?
• What are the upcoming industry applications and trends for the Vacation Rental Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Vacation Rental Market?
• What segments are covered in the Vacation Rental Market?
• Who are the leading companies and what are their portfolios in Vacation Rental Market?
• What segments are covered in the Vacation Rental Market?
• Who are the key players in the Vacation Rental market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024-2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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