LONDON--(BUSINESS WIRE)--Technavio has been monitoring the vacation rental market, and it is poised to grow by USD 62.97 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technological advances has been instrumental in driving the growth of the market. However, inconsistent service quality and stringent government regulations might hamper the market growth. Request a free sample report
Vacation Rental Market 2020-2024: Segmentation
Vacation Rental Market is segmented as below:
Management
- Managed by Owners
- Professionally Managed
Geographic segmentation
- North America
- APAC
- Europe
- South America
- MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40053
Vacation Rental Market 2020-2024: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our vacation rental market report covers the following areas:
- Vacation Rental Market size
- Vacation Rental Market trends
- Vacation Rental Market industry analysis
This study identifies the adoption of effective promotional strategies as one of the prime reasons driving the vacation rental market growth during the next few years.
Vacation Rental Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the vacation rental market, including some of the vendors such as 9flats.com Pte Ltd., Airbnb Inc., Booking Holdings Inc., Expedia Group Inc., Hotelplan Holding AG, MakeMyTrip Pvt. Ltd., NOVASOL AS, Oravel Stays Pvt. Ltd., TripAdvisor Inc. and Wyndham Destinations Inc. Backed with competitive intelligence and benchmarking, our research reports on the vacation rental market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Vacation Rental Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist vacation rental market growth during the next five years
- Estimation of the vacation rental market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the vacation rental market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of vacation rental market vendors
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