The global demand for Vacation Rental Website Market is presumed to reach the market size of nearly USD 3.1 MN by 2028 from USD 1.31 MN in 2021 with a CAGR of 13.1% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX MT in 2021 and forecast to touch XX MT by 2028 with a CAGR of XX% during 2022-2028.
A vacation rental website is a website that offers vacation rentals to travellers. These websites are usually created by property owners who want to rent out their properties for short periods of time. The first vacation rental website was launched in 1997, and since then, the industry has grown exponentially.
Market Dynamics
The vacation rental market has been growing steadily and is anticipated to continue growing at a steady rate largely due to rise in people who are willing to travel for leisure purposes. Moreover, there has been a rise in people renting out their homes or apartments as vacation rentals to earn a respectable income. These vacation rental properties offer more comfort and privacy in addition to being low in cost when compared to hotels. These properties are also pet-friendly and offer flexibility, like cooking your own food. This market is anticipated to follow a growing trend in the coming years due to advancements in technology and website business processes.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of vacation rental website. The growth and trends of Vacation Rental Website Industry provide a holistic approach to this study.
Market Segmentation
This section of the vacation rental website market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Property Type
- House/Apartment
- Hotel/Hostel
- Other
By End User
- Vacation Rental Agency
- Vacation Rental Owners
- Property Managers
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Vacation Rental Website market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Vacation Rental Website Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the vacation rental website market include BookingSync, CiiRUS, Kigo Inc., Virtual Resort Manager, LiveRez, OwnerRez, 365Villas, Convoyant, 9flats Pvt Limited, Airbnb Inc, Booking Holdings Inc, Expedia Group, Hotelplan Holding AG, MakeMyTrip Limited, NOVASOL, Oravel Stays Private Limited, TripAdvisor Inc, Rentalo Inc., Wyndham Destinations Inc, World Travel Holdings Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.