The analysts forecast the global vacation rental market to grow at a CAGR of 6.89% during the period 2018-2022.
Vacation rentals are alternate lodging options comprising short-term rental apartments, farm stays, private homes, cabins, beach houses, villas, cottages, and chalets.
The report covers the present scenario and the growth prospects of the global vacation rental market for 2018-2022. To calculate the market size, the report considers the revenue generated from the vacation rental reservations through different distribution channels.
The latest trend gaining momentum in the market is the growing preference of consumers for instant bookings. Online vacation rental sites facilitate real-time booking. Also, the availability of instant booking options has increased the degree of product or service differentiation in the global vacation rental market.
One of the major drivers for this market is the growing tourism industry and increasing popularity of short-term rental properties. The growth of the tourism industry and an increase in the number of domestic and international travelers have positively impacted the demand for vacation rental properties.
The report states that one of the major factors hindering the growth of this market is the several risks associated with fraudulent vacation rental houses, apartments, and homestays. The increased probability of risks can lead to customers shifting to alternative forms of lodgings such as hotels. This further restraints the growth of the global vacation rental market.
- Booking Holdings
- Wyndham Destinations
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Management
8: Customer Landscape
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/qqpmwm/global_vacation?w=4