Global Vacation Rental Market Projected to Surpass USD 69510 million by 2022

in ict •  6 years ago 

Global Vacation Rental Market Report 2018 explores future trends for supply, demand and market growth rate, market size, prices, trading, competition and value chain as well as Key Players of the industry’s information with forecast from 2018 to 2022.

Global Vacation Rental Market Overview:

According to Market Analyst, Global Vacation Rental Market is projected to grow at a healthy growth rate from 2018 to 2022.

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With the slowdown in world economic growth, the Vacation Rental industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Vacation Rental market size to maintain the average annual growth rate of 6.53% from 43750 million $ in 2014 to 52890 million $ in 2017, According to Market Analyst in the next few years, Vacation Rental market size will be further expanded by 2022, The market size of the Vacation Rental will reach 69510 million $.

A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. Vacation rentals can range from budget studio apartments to lavish, expensive private villas in the world's most desirable locations, some with price tags of many thousands per night and all the amenities you would find in any luxury accommodation to cater to the guests. Some vacation rentals, particularly condominiums or apartments, offer many of the same services hotels offer to their guests

The vacation rental market is moderately Divide owing to the presence of several established and regional travel companies leveraging the online or digital medium to provide personalized offers to customers. The market is currently in its growth phase and as a result, the competitive environment among vacation rental service providers will further intensify in the coming years.

Vacation rentals usually occur in Short-term rental apartments, Farm stays, Private homes, Cabins, Beach houses. Farm Stays Segment led the vacation rentals market and will continue to lead the market in the coming years.

Regionally, Europe was the highest revenue contributing region in the vacation rentals market and will lead the market. The growth of this market in the region is attributed to the increase in tourism in Europe, which, in turn, has increased the demand for hotel rooms and vacation rental services in the region.

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The Market is segmented and projected on the basis of major key player’s:

1 9flats

2 Airbnb

3 Booking Holdings

4 Expedia

5 TripAdvisor

6 Wyndham Destinations

The market for Vacation Rental can be segmented on the basis of the following Criteria:

The Market is segmented and projected on the basis of major Region Segmentation

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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The Market is segmented and projected on the basis of Product Segmentation:

1 Short-term rental apartments

2 Farm stays

3 Private homes

4 Cabins

5 Beach houses

The Market is segmented and projected on the basis of Industry Segmentation:

1 Institutional users

2 Individual users

Key Questions Answered in this Report:

1 What will the market size be in 2022?

2 What are the key factors driving the Vacation Rental Market?

3 What are the challenges to market growth?

4 Who are the key players in Vacation Rental Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Vacation Rental Definition

2 Global Vacation Rental Market Major Player Share and Market Overview

3 Major Player Vacation Rental Business Introduction

4 Global Vacation Rental Market Segmentation (Region Level)

5 Global Vacation Rental Market Segmentation (Type Level)

6 Global Vacation Rental Market Segmentation (Industry Level)

7 Vacation Rental Market Forecast 2018-2022

8 Vacation Rental Segmentation Type

9 Vacation Rental Segmentation Industry

10 Vacation Rental Cost Analysis

11 Conclusion

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