
Vacation Rental in Saudi Arabia
Description
Vacation Rental in Saudi Arabia
Summary
Vacation Rental in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Vacation Rental in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A vacation rental refers to the temporary renting out of a furnished apartment, house, or professionally managed resort-condominium complex to tourists as an alternative to a hotel. Private lodging reservations make up the vacation rental market. This includes renting out private vacation homes and houses and short-term rentals of rooms or apartments through websites like Airbnb, travel agencies, or over the phone. The market only deals with online booking of vacation rentals. Offline booking has not been considered in the scope of the study. Market value represents gross booking value.
- The Saudi Arabian vacation rental market recorded a gross booking value of $0.4 billion in 2024, representing a compound annual growth rate (CAGR) of 5.7% between 2019 and 2024.
- The growing demand for vacation rentals can be attributed to several key socioeconomic trends, including rising disposable incomes, increased leisure time, and the continued expansion of global travel.
- Saudi Arabia accounted for an 11.2% share of the Middle East & Africa vacation rental market in 2024.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the vacation rental market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the vacation rental market in Saudi Arabia
- Leading company profiles reveal details of key vacation rental market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia vacation rental market with five year forecasts
- What was the size of the Saudi Arabia vacation rental market by value in 2024?
- What will be the size of the Saudi Arabia vacation rental market in 2029?
- What factors are affecting the strength of competition in the Saudi Arabia vacation rental market?
- How has the market performed over the last five years?
- What are the main segments that make up Saudi Arabia's vacation rental market?
Table of Contents
43 Pages
- 1. Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Geography segmentation
- 1.4. Market rivalry
- 1.5. Competitive landscape
- 2 . Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3. Market Data
- 3.1. Market value
- 4. Market Segmentation
- 4.1. Geography segmentation
- 5. Market Outlook
- 5.1. Market value forecast
- 6. Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7. Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths of the leading players?
- 7.3. What are the strategies of the leading players?
- 7.4. What are the challenges in the market?
- 8. Company Profiles
- 8.1. Airbnb Inc
- 8.2. Expedia Group Inc
- 8.3. Booking Holdings Inc
- 9. Macroeconomic Indicators
- 9.1. Country data
- 10. Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Figures
- Figure 1: Saudi Arabia vacation rental market value: $ million, 2019-24
- Figure 2: Saudi Arabia vacation rental market geography segmentation: % share, by value, 2024
- Figure 3: Saudi Arabia vacation rental market value forecast: $ million, 2024-29
- Figure 4: Forces driving competition in the vacation rental market in Saudi Arabia, 2024
- Figure 5: Drivers of buyer power in the vacation rental market in Saudi Arabia, 2024
- Figure 6: Drivers of supplier power in the vacation rental market in Saudi Arabia, 2024
- Figure 7: Factors influencing the likelihood of new entrants in the vacation rental market in Saudi Arabia, 2024
- Figure 8: Factors influencing the threat of substitutes in the vacation rental market in Saudi Arabia, 2024
- Figure 9: Drivers of degree of rivalry in the vacation rental market in Saudi Arabia, 2024
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