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Vacation Rental Market by Management and Geography - Forecast and Analysis 2020-2024

Vacation Rental Market by Management and Geography - Forecast and Analysis 2020-2024

Global Vacation Rental Market: About this market

Technavio’s vacation rental market analysis considers sales from managed by owners and professionally managed management. Our report also provides a detailed analysis of the market in APAC, Europe, MEA, North America, and South America. In 2019, the owner’s management segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increased personal interaction and minimal booking fees will play a significant role in the managed by owners’ segment to maintain its market position. Also, our global vacation rental market report looks at factors such as the growing tourism industry and the increasing popularity of short-term rental properties, technological advances, and strategic partnerships. However, risks associated with fraudulent vacation rental houses, apartments, and homestays, stringent government regulations, and inconsistent service quality may hamper the growth of the vacation rental industry over the forecast period.

Global Vacation Rental Market: Overview

Technological Advances

Vendors are increasingly focusing on enhancing their booking portals in terms of design and investing in various technologies to secure and streamline their business operations. The rising popularity of automated vacation rental spaces has also encouraged property owners to invest in Bluetooth smart locks, smart fire alarms, burglar alarms, and other devices. This has led the market players to invest in business intelligence software and data mining tools to improve their decision-making strategies. This increasing investments in smart safety devices and alert technologies will lead to the expansion of the global vacation rental market at a CAGR of almost 7% during the forecast period.

Adoption of effective promotional strategies

The rising popularity of social networking has also encouraged market players to make significant investments in social media campaigns and promotional strategies. Social media campaigns help market vendors to track customer feedback and reviews, understand the latest trends and interests, and create new offerings to enhance consumer experiences. Hence, the effective implementation of promotional strategies through social media platforms is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global vacation rental market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global vacation rental market is fragmented. Technavio’s 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 vacation rental vendors, that include 9flats.com Pte Ltd., Airbnb Inc., Booking Holdings Inc., Expedia Group Inc., Hotelplan Holding AG, MakeMyTrip Pvt. Ltd., NOVASOL AS, Oravel Stays Pvt. Ltd., TripAdvisor Inc., and Wyndham Destinations Inc.

Also, the 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 on all forthcoming growth opportunities.


PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2019
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: CUSTOMER LANDSCAPE
PART 07: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity
PART 08: MARKET SEGMENTATION BY MANAGEMENT
Market segmentation by management
Comparison by management
Managed by owners - Market size and forecast 2019-2024
Professionally managed - Market size and forecast 2019-2024
Market opportunity by management
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Instant bookings
Rapid growth of online booking
Adoption of effective promotional strategies
Other trends
PART 12: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 13: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
9flats.com Pte Ltd.
Airbnb Inc.
Booking Holdings Inc.
Expedia Group Inc.
Hotelplan Holding AG
MakeMyTrip Pvt. Ltd.
NOVASOL AS
Oravel Stays Pvt. Ltd.
TripAdvisor Inc.
Wyndham Destinations Inc.
PART 14: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Exhibit 01: Vendor: Key offerings
Exhibit 02: Global Specialized Consumer Services Market
Exhibit 03: Segments of global Specialized Consumer Services Market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ billions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Customer landscape
Exhibit 19: Market share by geography 2019-2024 (%)
Exhibit 20: Geographic comparison
Exhibit 21: Europe - Market size and forecast 2019-2024 ($ billions)
Exhibit 22: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 23: North America - Market size and forecast 2019-2024 ($ billions)
Exhibit 24: North America - Year-over-year growth 2020-2024 (%)
Exhibit 25: APAC - Market size and forecast 2019-2024 ($ billions)
Exhibit 26: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 27: MEA - Market size and forecast 2019-2024 ($ billions)
Exhibit 28: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 29: South America - Market size and forecast 2019-2024 ($ billions)
Exhibit 30: South America - Year-over-year growth 2020-2024 (%)
Exhibit 31: Key leading countries
Exhibit 32: Market opportunity
Exhibit 33: Management - Market share 2019-2024 (%)
Exhibit 34: Comparison by management
Exhibit 35: Managed by owners - Market size and forecast 2019-2024 ($ billions)
Exhibit 36: Managed by owners - Year-over-year growth 2020-2024 (%)
Exhibit 37: Professionally managed - Market size and forecast 2019-2024 ($ billions)
Exhibit 38: Professionally managed - Year-over-year growth 2020-2024 (%)
Exhibit 39: Market opportunity by management
Exhibit 40: International tourist arrivals 2011-2016 (millions)
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: flats.com Pte Ltd. - Vendor overview
Exhibit 48: flats.com Pte Ltd. - Product segments
Exhibit 49: flats.com Pte Ltd. - Organizational developments
Exhibit 50: flats.com Pte Ltd. - Key offerings
Exhibit 51: Airbnb Inc. - Vendor overview
Exhibit 52: Airbnb Inc. - Product segments
Exhibit 53: Airbnb Inc. - Organizational developments
Exhibit 54: Airbnb Inc. - Key offerings
Exhibit 55: Booking Holdings Inc. - Vendor overview
Exhibit 56: Booking Holdings Inc. - Business segments
Exhibit 57: Booking Holdings Inc. - Organizational developments
Exhibit 58: Booking Holdings Inc. - Geographic focus
Exhibit 59: Booking Holdings Inc. - Segment focus
Exhibit 60: Booking Holdings Inc. - Key offerings
Exhibit 61: Expedia Group Inc. - Vendor overview
Exhibit 62: Expedia Group Inc. - Business segments
Exhibit 63: Expedia Group Inc. - Organizational developments
Exhibit 64: Expedia Group Inc. - Geographic focus
Exhibit 65: Expedia Group Inc. - Segment focus
Exhibit 66: Expedia Group Inc. - Key offerings
Exhibit 67: Hotelplan Holding AG - Vendor overview
Exhibit 68: Hotelplan Holding AG - Business segments
Exhibit 69: Hotelplan Holding AG - Organizational developments
Exhibit 70: Hotelplan Holding AG - Segment focus
Exhibit 71: Hotelplan Holding AG - Key offerings
Exhibit 72: MakeMyTrip Pvt. Ltd. - Vendor overview
Exhibit 73: MakeMyTrip Pvt. Ltd. - Business segments
Exhibit 74: MakeMyTrip Pvt. Ltd. - Organizational developments
Exhibit 75: MakeMyTrip Pvt. Ltd. - Geographic focus
Exhibit 76: MakeMyTrip Pvt. Ltd. - Segment focus
Exhibit 77: MakeMyTrip Pvt. Ltd. - Key offerings
Exhibit 78: NOVASOL AS - Vendor overview
Exhibit 79: NOVASOL AS - Business segments
Exhibit 80: NOVASOL AS - Organizational developments
Exhibit 81: NOVASOL AS - Key offerings
Exhibit 82: Oravel Stays Pvt. Ltd. - Vendor overview
Exhibit 83: Oravel Stays Pvt. Ltd. - Product segments
Exhibit 84: Oravel Stays Pvt. Ltd. - Organizational developments
Exhibit 85: Oravel Stays Pvt. Ltd. - Key offerings
Exhibit 86: TripAdvisor Inc. - Vendor overview
Exhibit 87: TripAdvisor Inc. - Business segments
Exhibit 88: TripAdvisor Inc. - Organizational developments
Exhibit 89: TripAdvisor Inc. - Geographic focus
Exhibit 90: TripAdvisor Inc. - Segment focus
Exhibit 91: TripAdvisor Inc. - Key offerings
Exhibit 92: Wyndham Destinations Inc. - Vendor overview
Exhibit 93: Wyndham Destinations Inc. - Business segments
Exhibit 94: Wyndham Destinations Inc. - Organizational developments
Exhibit 95: Wyndham Destinations Inc. - Geographic focus
Exhibit 96: Wyndham Destinations Inc. - Segment focus
Exhibit 97: Wyndham Destinations Inc. - Key offerings
Exhibit 98: Validation techniques employed for market sizing
Exhibit 99: Definition of market positioning of vendors

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