DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/kbqdgb/global_vacation) has announced the addition of the "Global Vacation Rental Market 2015-2019" report to their offering.
The report believes that the global vacation rental market will reach $169.7 billion by 2019. The key regions where global vacation rental adoption is highest are Europe and North America, wherein the awareness of the concept of a vacation rental is widespread.
The entry of new technologically oriented start-ups and higher interest in vacation rentals among travelers is one of the reasons for market growth. Travelers are more inclined to using business intelligence software and data mining tools to harness their data to improve their decision-making. Also, price optimization by utilizing revenue management software is gaining popularity in the market.
The vacation rental business is becoming more complex and necessitates the micro-management of processes to improve competitiveness. Spotting this opportunity, several companies that provide tailored services have entered the market. This Market trends will continue, and will become even more important in the next five years. It can increase the rental income for hosts and provide a stress-free travel experience for renters, improving the overall environment of the market.
Europe accounted for the largest share of the market in 2014. The presence of several large, established players and increasing funding from high-profile investors is driving up market potential and accelerating its shift to the mainstream category. The promotion of the concept of renting out a vacation rental home on social and digital platforms is expected to play a key role in attracting these new customers.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Segmentation by management
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Other prominent vendors
PART 15: Key vendor analysis
- World Travel Holdings
- Wyndham Worldwide
- At Home Abroad
- Sea2Sky Vacation Rentals
For more information visit http://www.researchandmarkets.com/research/kbqdgb/global_vacation