Sold by: CMI Consulting LLC
Deployed on AWS
According to Custom Market Insights (CMI), the Global Vacation Rental Market size was estimated at USD 92.53 Billion in 2021 and is expected to hit around USD 317.76 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 13.97 % from 2022 to 2030.
Overview
Global Vacation Rental Market
Vacation Rental Market: Overview
Vacation Rental Market Size, Trends, and Insights By Accommodation Type (Home, Resort/Condominium, Apartments), By Booking Mode (Online, Offline), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023 2032
According to Custom Market Insights (CMI), The Vacation Rental Market size was estimated at USD 92.53 Billion in 2021 and is expected to hit around USD 317.76 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 13.97% from 2022 to 2030.
The studys focus is on the Vacation Rental market analysis on a global scale, and market sizing includes the income generated by these solutions provided by different market players. In order to support the market projections and growth rates over the anticipated period of 2022-2030, the study additionally monitors important market factors, underlying growth influencers, and significant vendors active in the sector. The study also examines how COVID-19 has affected the ecology generally. The scope of the study includes market sizing and forecast for segmentation by accommodation type, booking mode, and geography.
Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.custommarketinsights.com/request-for-free-sample/?reportid=22982
Vacation Rental Market: Growth Drivers
The millennial demographic is driving the global vacation rental market with rising travel, vacation, and lodging spending. Millennials make up 200,000 million of the worlds travellers, and they spend over 180 billion dollars on travel annually, according to Copyrise.
Due to their lower prices compared to hotels, vacation rentals are also becoming more and more in demand. According to Stratos Jet Charters, Inc. statistics, there are currently 2.9 million hosts using Airbnb worldwide, and each month in 2021, there will be more than 14,000 new hosts. Additionally, as of 2021, there will be about 100,000 cities with active Airbnb listings across the companys 220 operating nations.
Consumer knowledge of services and offerings is growing as a result of social media and the internet. A number of services, exotic places, and amenities are being offered specifically for female visitors by key firms in an effort to capture market share. For instance, Golightly, a platform for holiday rentals run entirely by women and open to female guests only, was introduced in January 2020. More than 350 properties are owned by the corporation worldwide.
Report URL: https://www.custommarketinsights.com/report/vacation-rental-market/
Vacation Rental Market: Regional Analysis
In 2021, Europe commanded a market share of nearly 30%. This is attributable to large and online travel agencies catching up with the burgeoning glamping trend and rising costs for lodging at hotels and condos. Over the projected period, it is predicted that the U.K. and Germany will dominate the market. According to projections, the U.K. market will expand the fastest in the region.
From 2022 to 2030, Asia Pacific is anticipated to have the greatest rate. The increase is primarily related to consumers growing travel and lodging expenses. In the area, China had the greatest revenue share in 2021, and it is predicted that it would continue to lead in the years to come. It is also predicted that increased traveller spending from other developing nations, such as Australia, the Philippines, Vietnam, and India, will drive market expansion in the region.
Vacation Rental Market: Recent developments
-
2022: Meredith Lodging intended to acquire Mt Hood Vacation Rentals in order to increase its presence in the Mount Hood area.
-
2021: Getaroom was acquired by Booking Holdings Inc. from Court Square Capital Partners for USD 1.2 billion. The brand wants to raise the value of its pipeline with this acquisition.
Key Players:
- 9flats
- Booking.com
- Hotelplan Management AG
- MAKEMYTRIP PVT. LTD.
- OYO Hotels & Homes
- Trivago
- Agoda Company Pte. Ltd.
- Yatra Online Private Limited
- Hotwire, Inc.
- HotelsCombined
- Hotels.com
- BookingBuddy.com, Inc.
- priceline.com LLC
- KAYAK
- Airbnb Inc.
- Booking Holdings Inc.
- Hotelplan Holding AG
- MakeMyTrip Pvt. Ltd.
- Expedia Group Inc.
- NOVASOL AS
- Oravel Stays Pvt. Ltd.
- Wyndham Destinations Inc.
- TripAdvisor Inc.
- Others
Press Release: https://www.custommarketinsights.com/press-releases/vacation-rental-market-size/
The Vacation Rental Market is segmented as follows:
By Accommodation Type
- Home
- Resort/Condominium
- Apartments
- Hometown
- Villas
By Booking Mode
- Online
- Offline
- Others
By Price Point
- Economic
- Mid Range
- Luxury
By Location Type
- Resort Area
- Rural Area
- Small Town
- Others
By End User Generation
- Gen Z
- Millennials
- Gen X
- Boomers
On the basis of Geography
North America
- The U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- New Zealand
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Browse Other Custom Market Insights coverage of the CONSUMER GOODS Industry
Details
New
Introducing multi-product solutions
You can now purchase comprehensive solutions tailored to use cases and industries.
Features and programs
Financing for AWS Marketplace purchases
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
Pricing
This product is available free of charge. Free subscriptions have no end date and may be canceled any time.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
Dimensions summary
This listing has one pricing dimension: Product Access (Units). It is offered at no cost, so there are no tiers, instance sizes, or usage add-ons to compare. Subscribing grants you access to the market research report. Because a single dimension applies, pricing does not scale by seats, volume, or usage. You get the report delivered digitally after subscribing. There are no additional pricing options to select on AWS Marketplace.
Top-of-mind questions for buyers
One unit grants access to the market research report on the global vacation rental market. Access is delivered digitally after you subscribe. The unit covers report access itself, not per-seat or per-user licensing. You do not select seat counts or usage volumes on AWS Marketplace.
The report is delivered digitally by email once your subscription is processed. If a report is already on hand, delivery happens within 6-12 working hours of payment. Custom reports are delivered within a promised timeframe communicated to you.
No. Once the report is delivered, returns are not accepted because the data is digital and cannot be returned. If the report has missing or incomplete data, customization services are available to address that. Contact the vendor's support team for those cases.
www.custommarketinsights.com+1
Helpful?
Vendor refund policy
Not applicable - product available free of charge.
Legal
Vendor terms and conditions
Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .
Content disclaimer
Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.
Delivery details
AWS Data Exchange (ADX)
AWS Data Exchange is a service that helps AWS easily share and manage data entitlements from other organizations at scale.
Additional details
You will receive access to the following data sets.
Data set name | Type | Historical revisions | Future revisions | Sensitive information | Data dictionaries | Data samples |
|---|---|---|---|---|---|---|
Global Vacation Rental Market | All historical revisions | All future revisions | Not included | Not included |
Resources
Vendor resources
Similar products
Global Work Pros' Training program offers a flexible way to acquire specialized training products and services in AWS cloud solutions available from expert instructors with customized learning paths tailored to your team's specific needs.
The world's #1 global people platform. Hire, pay, equip, and manage your entire workforce,contractors, EOR, and direct employees, in one unified dashboard across 150+ countries.
Matomo 5, formerly known as Piwik, is the leading open-source web analytics solution designed for organizations that prioritize data privacy and ownership. Pre-packaged by Elyxia Global Limited, this deployment on AlmaLinux 9 offers robust tracking features and GDPR-compliant analytics, empowering businesses to make data-driven decisions in a secure, self-hosted environment.
This product has charges associated with it for seller support. This pre-configured and hardened image on is created by Elyxia Global Limited.
Global IDs offers solutions for Data Cataloging, Data Profiling, Data Classification, and Data Mapping.
AWS-certified cloud engineers contracted fractionally through private pricing, perform agile sprints to accomplish your AWS infrastructure/application modernization requirements. The engagement is for a POD (set # of AWS-Certified Engineers)