Global Vacation Rental Market Will Exhibit Negative Impact During 2020-2024 | Growing Adoption of Effective Promotional Activities to Improve the Market Growth | Technavio

Technavio has been monitoring the global vacation rental market, operating under the consumer discretionary industry. The latest report on vacation rental market, 2020-2024 estimates it to register an incremental growth of USD 62.97 billion, at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Vacation Rental Market 2020-2024 (Photo: Business Wire).

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. 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. are among some of the major market participants.

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The adoption of effective promotional strategies has been instrumental in driving the growth of the market.

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Vacation Rental Market 2020-2024: Segmentation

Vacation Rental Market is segmented as below:

• Type
  • Managed By Owners
  • Professionally Managed
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America
• Courses
  • Graduate Courses
  • Certifications And Training
  • Post-graduate Courses

Based on geographic segmentation, over 37% of the market growth originated from Europe during the forecast period. In addition, managed by owners segment led the growth under the type segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.

Vacation Rental Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The vacation rental market report covers the following areas:

• Vacation Rental Market Size
• Vacation Rental Market Trends
• Vacation Rental Market Industry Analysis

This study identifies technological advances as one of the prime reasons driving the Vacation Rental Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Vacation Rental Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist vacation rental market growth during the next five years
• Estimation of the vacation rental market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the vacation rental market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of vacation rental market, vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• Preface
• 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

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