Vacation Rental Market Introduction and Overview
According to SPER market research, ‘Vacation Rental Market – By Accommodation Type, By Booking Mode – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Vacation Rental Market Size is predicted to reach 136.78 billion by 2034 with a CAGR of 3.95%.
Vacation rentals have emerged as a popular alternative to traditional hotel rooms, offering guests unique, cheap, and personalized housing experiences. These rentals provide a diverse range of houses, including flats, villas, cottages, and even houseboats, to accommodate a wide range of tourist interests and budgets. Unlike hotels, vacation rentals often include fully furnished spaces with kitchens, living areas, and multiple bedrooms, making them ideal for families, parties, and prolonged vacations.
Restraints:The global vacation rental sector is experiencing a number of critical concerns that will affect its growth and sustainability. Navigating varied and varying regulatory systems across places is one of the most difficult difficulties. Local governments frequently impose restrictions on short-term rentals in response to worries about housing shortages and communal effects. To address housing concerns, cities such as Barcelona and Paris have implemented rigorous restrictions that limit the number of holiday rental flats.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments coveredBy Accommodation Type, By Booking Mode.
Regions covered:
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
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 and others.
Vacation Rental Market Segmentation:
By Accommodation Type:Based on the Accommodation Type, Global Vacation Rental Market is segmented as; Home, Apartments, Resort/Condominium, Others.
By Booking Mode:Based on the Booking Mode, Global Vacation Rental Market is segmented as; Offline, Online.
By Region:This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
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