PUBLISHER: TechNavio | PRODUCT CODE: 1685664
PUBLISHER: TechNavio | PRODUCT CODE: 1685664
The short term vacation rental market is forecasted to grow by USD 114.1 billion during 2024-2029, accelerating at a CAGR of 13.5% during the forecast period. The report on the short term vacation rental market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing tourism industry and increasing popularity of short term rental properties, rising popularity of rural and remote destinations, and user-friendly mobile applications for accessing short term vacation rentals.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 11.7% |
CAGR | 13.5% |
Incremental Value | $114.1 bn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's short term vacation rental market is segmented as below:
By Mode Of Booking
By Management
By Type
By Geographical Landscape
This study identifies the technological advancements in short term vacation rental properties as one of the prime reasons driving the short term vacation rental market growth during the next few years. Also, adoption of effective promotional strategies and proliferation of vacation rental business services and increased professionalism will lead to sizable demand in the market.
The report on the short term vacation rental market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading short term vacation rental market vendors that include Agoda Co. Pte. Ltd., Airbnb Inc., atraveo GmbH, Casiola Worldwide LLC, Evolve Vacation Rental Network Inc., Expedia Group Inc., Hobiz Holidays Private Limited, Holidu GmbH, Homestay Technologies Ltd., HomeToGo GmbH, Housewise Services Private Limited, MakeMyTrip Ltd., RoamHome Private Limited, StayBeyond Limited, Tripvillas Pte. Ltd., Vacasa Inc., and Vacation Rental Pros Property Management LLC. Also, the short term vacation rental market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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