Short Term Vacation Rental Market 2024-2028 | Growing Tourism Industry And Increasing Popularity Of Short Term Rental Properties to Boost Growth | Technavio

NEW YORK, Jan. 25, 2024 /PRNewswire/ -- The Global Short Term Vacation Rental Market is set for significant growth, projecting a Compound Annual Growth Rate (CAGR) of 8.32%, as per the latest report by Technavio. The market is set to witness a substantial increase of USD 57.05 billion between 2023 and 2028, driven by the burgeoning tourism industry, the rise in popularity of short-term rental properties, and the advent of user-friendly mobile applications for accessing vacation rentals. Explore comprehensive market scenarios with historical data covering 2018 to 2022 and future projections for the period 2024 to 2028. Secure your FREE sample report now!

Key Drivers, Trends, and Challenges:
Analyzing data from 2023 as the base year, the report highlights key drivers fuelling market growth, notably the expansion of the global tourism industry. The adoption of smart home technology in short-term vacation rental properties emerges as a pivotal trend. However, the challenge lies in maintaining consistency in providing quality vacation rental properties, posing a potential hurdle to market growth. A few leading companies such as Agoda Co. Pte. Ltd., Airbnb Inc., Expedia Group Inc., and others are strategically positioned to strengthen their market presence.
The report offers detailed analyses of 20 market companies, categorizing them based on key factors and market dominance. Buy the full report to get detailed analysis of the competitive landscape.

Market Segmentation Overview:
The market is set for substantial growth in the offline booking segment, was valued at USD 73.86 billion in 2018. Europe is projected to contribute 36% to the global market growth during the forecast period. This report delves into market segmentation based on Mode Of Booking, Management, and Region. The short-term vacation rental market is forecasted to witness remarkable expansion, fuelled by factors reshaping the travel landscape. Explore growth analysis by revenue at global, regional, and country levels.
Gain actionable insights to stay ahead in a dynamic market landscape. To delve into the dynamics of the short-term vacation rental market, claim your FREE sample report here.
Related Reports:
The vacation rental market size is forecast to increase by USD 56.98 billion, at a CAGR of 5.12% between 2023 and 2028.
The Global Online Home Rental Services Market size is estimated to grow at a CAGR of 12.9% between 2022 and 2027. The size of the market is forecast to increase by USD 21.190 billion.

1 Executive Summary

• 1.1 Market overview

• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Mode of Booking
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Management
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem

• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition

• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis

• Exhibit 13: Market segments

• 3.3 Market size 2023

• 3.4 Market outlook: Forecast for 2023-2028

• Exhibit 14: Chart on Global - Market size and forecast 2023-2028 (USD billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 (USD billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

• 4.1 Global short term vacation rental market 2018 - 2022

• Exhibit 18: Historic Market Size – Data Table on global short term vacation rental market 2018 - 2022 (USD billion)

• 4.2 Mode of Booking Segment Analysis 2018 - 2022

• Exhibit 19: Historic Market Size – Mode of Booking Segment 2018 - 2022 (USD billion)

• 4.3 Management Segment Analysis 2018 - 2022

• Exhibit 20: Historic Market Size – Management Segment 2018 - 2022 (USD billion)

• 4.4 Geography Segment Analysis 2018 - 2022

• Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 (USD billion)

• 4.5 Country Segment Analysis 2018 - 2022

• Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 (USD billion)

5 Five Forces Analysis

• 5.1 Five forces summary

• Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

• 5.2 Bargaining power of buyers

• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

• 5.3 Bargaining power of suppliers

• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

• 5.4 Threat of new entrants

• Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

• 5.5 Threat of substitutes

• Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

• 5.6 Threat of rivalry

• Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

• 5.7 Market condition

• Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Mode of Booking

• 6.1 Market segments

• Exhibit 30: Chart on Mode of Booking - Market share 2023-2028 (%)
• Exhibit 31: Data Table on Mode of Booking - Market share 2023-2028 (%)

• 6.2 Comparison by Mode of Booking

• Exhibit 32: Chart on Comparison by Mode of Booking
• Exhibit 33: Data Table on Comparison by Mode of Booking

• 6.3 Offline - Market size and forecast 2023-2028

• Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 (USD billion)
• Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 (USD billion)
• Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
• Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)

• 6.4 Online - Market size and forecast 2023-2028

• Exhibit 38: Chart on Online - Market size and forecast 2023-2028 (USD billion)
• Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 (USD billion)
• Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
• Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)

• 6.5 Market opportunity by Mode of Booking

• Exhibit 42: Market opportunity by Mode of Booking (USD billion)
• Exhibit 43: Data Table on Market opportunity by Mode of Booking (USD billion)

7 Market Segmentation by Management

• 7.1 Market segments

• Exhibit 44: Chart on Management - Market share 2023-2028 (%)
• Exhibit 45: Data Table on Management - Market share 2023-2028 (%)

• 7.2 Comparison by Management

• Exhibit 46: Chart on Comparison by Management
• Exhibit 47: Data Table on Comparison by Management

• 7.3 Managed by owners - Market size and forecast 2023-2028

• Exhibit 48: Chart on Managed by owners - Market size and forecast 2023-2028 (USD billion)
• Exhibit 49: Data Table on Managed by owners - Market size and forecast 2023-2028 (USD billion)
• Exhibit 50: Chart on Managed by owners - Year-over-year growth 2023-2028 (%)
• Exhibit 51: Data Table on Managed by owners - Year-over-year growth 2023-2028 (%)

• 7.4 Professionally managed - Market size and forecast 2023-2028

• Exhibit 52: Chart on Professionally managed - Market size and forecast 2023-2028 (USD billion)
• Exhibit 53: Data Table on Professionally managed - Market size and forecast 2023-2028 (USD billion)
• Exhibit 54: Chart on Professionally managed - Year-over-year growth 2023-2028 (%)
• Exhibit 55: Data Table on Professionally managed - Year-over-year growth 2023-2028 (%)

• 7.5 Market opportunity by Management

• Exhibit 56: Market opportunity by Management (USD billion)
• Exhibit 57: Data Table on Market opportunity by Management (USD billion)

8 Customer Landscape

• 8.1 Customer landscape overview

• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation

• Exhibit 59: Chart on Market share by geography 2023-2028 (%)
• Exhibit 60: Data Table on Market share by geography 2023-2028 (%)

• 9.2 Geographic comparison

• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2023-2028

• Exhibit 63: Chart on Europe - Market size and forecast 2023-2028 (USD billion)
• Exhibit 64: Data Table on Europe - Market size and forecast 2023-2028 (USD billion)
• Exhibit 65: Chart on Europe - Year-over-year growth 2023-2028 (%)
• Exhibit 66: Data Table on Europe - Year-over-year growth 2023-2028 (%)

• 9.4 North America - Market size and forecast 2023-2028

• Exhibit 67: Chart on North America - Market size and forecast 2023-2028 (USD billion)
• Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 (USD billion)
• Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
• Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)

• 9.5 APAC - Market size and forecast 2023-2028

• Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 (USD billion)
• Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 (USD billion)
• Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)

• 9.6 Middle East and Africa - Market size and forecast 2023-2028

• Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 (USD billion)
• Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 (USD billion)
• Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
• Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

• 9.7 South America - Market size and forecast 2023-2028

• Exhibit 79: Chart on South America - Market size and forecast 2023-2028 (USD billion)
• Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 (USD billion)
• Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)

• 9.8 US - Market size and forecast 2023-2028

• Exhibit 83: Chart on US - Market size and forecast 2023-2028 (USD billion)
• Exhibit 84: Data Table on US - Market size and forecast 2023-2028 (USD billion)
• Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
• Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)

• 9.9 UK - Market size and forecast 2023-2028

• Exhibit 87: Chart on UK - Market size and forecast 2023-2028 (USD billion)
• Exhibit 88: Data Table on UK - Market size and forecast 2023-2028 (USD billion)
• Exhibit 89: Chart on UK - Year-over-year growth 2023-2028 (%)
• Exhibit 90: Data Table on UK - Year-over-year growth 2023-2028 (%)

• 9.10 France - Market size and forecast 2023-2028

• Exhibit 91: Chart on France - Market size and forecast 2023-2028 (USD billion)
• Exhibit 92: Data Table on France - Market size and forecast 2023-2028 (USD billion)
• Exhibit 93: Chart on France - Year-over-year growth 2023-2028 (%)
• Exhibit 94: Data Table on France - Year-over-year growth 2023-2028 (%)

• 9.11 Italy - Market size and forecast 2023-2028

• Exhibit 95: Chart on Italy - Market size and forecast 2023-2028 (USD billion)
• Exhibit 96: Data Table on Italy - Market size and forecast 2023-2028 (USD billion)
• Exhibit 97: Chart on Italy - Year-over-year growth 2023-2028 (%)
• Exhibit 98: Data Table on Italy - Year-over-year growth 2023-2028 (%)

• 9.12 China - Market size and forecast 2023-2028

• Exhibit 99: Chart on China - Market size and forecast 2023-2028 (USD billion)
• Exhibit 100: Data Table on China - Market size and forecast 2023-2028 (USD billion)
• Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
• Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)

• 9.13 Market opportunity by geography

• Exhibit 103: Market opportunity by geography (USD billion)
• Exhibit 104: Data Tables on Market opportunity by geography (USD billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges

• Exhibit 105: Impact of drivers and challenges in 2023 and 2028

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape

• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption

• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks

• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered

• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors

• Exhibit 110: Matrix on vendor position and classification

• 12.3 9flats.com PTE Ltd.

• Exhibit 111: 9flats.com PTE Ltd. - Overview
• Exhibit 112: 9flats.com PTE Ltd. - Product / Service
• Exhibit 113: 9flats.com PTE Ltd. - Key offerings

• 12.4 Agoda Co. Pte. Ltd.

• Exhibit 114: Agoda Co. Pte. Ltd. - Overview
• Exhibit 115: Agoda Co. Pte. Ltd. - Product / Service
• Exhibit 116: Agoda Co. Pte. Ltd. - Key news
• Exhibit 117: Agoda Co. Pte. Ltd. - Key offerings

• 12.5 Airbnb Inc.

• Exhibit 118: Airbnb Inc. - Overview
• Exhibit 119: Airbnb Inc. - Product / Service
• Exhibit 120: Airbnb Inc. - Key offerings

• 12.6 Booking Holdings Inc.

• Exhibit 121: Booking Holdings Inc. - Overview
• Exhibit 122: Booking Holdings Inc. - Business segments
• Exhibit 123: Booking Holdings Inc. - Key news
• Exhibit 124: Booking Holdings Inc. - Key offerings
• Exhibit 125: Booking Holdings Inc. - Segment focus

• 12.7 Casiola WorldWide LLC

• Exhibit 126: Casiola WorldWide LLC - Overview
• Exhibit 127: Casiola WorldWide LLC - Product / Service
• Exhibit 128: Casiola WorldWide LLC - Key offerings

• 12.8 Evolve Vacation Rental Network Inc.

• Exhibit 129: Evolve Vacation Rental Network Inc. - Overview
• Exhibit 130: Evolve Vacation Rental Network Inc. - Product / Service
• Exhibit 131: Evolve Vacation Rental Network Inc. - Key offerings

• 12.9 Expedia Group Inc.

• Exhibit 132: Expedia Group Inc. - Overview
• Exhibit 133: Expedia Group Inc. - Business segments
• Exhibit 134: Expedia Group Inc. - Key offerings
• Exhibit 135: Expedia Group Inc. - Segment focus

• 12.10 Holidu GmbH

• Exhibit 136: Holidu GmbH - Overview
• Exhibit 137: Holidu GmbH - Product / Service
• Exhibit 138: Holidu GmbH - Key offerings

• 12.11 Homestay Technologies Ltd.

• Exhibit 139: Homestay Technologies Ltd. - Overview
• Exhibit 140: Homestay Technologies Ltd. - Product / Service
• Exhibit 141: Homestay Technologies Ltd. - Key offerings

• 12.12 HomeToGo GmbH

• Exhibit 142: HomeToGo GmbH - Overview
• Exhibit 143: HomeToGo GmbH - Product / Service
• Exhibit 144: HomeToGo GmbH - Key offerings

• 12.13 MakeMyTrip Ltd.

• Exhibit 145: MakeMyTrip Ltd. - Overview
• Exhibit 146: MakeMyTrip Ltd. - Business segments
• Exhibit 147: MakeMyTrip Ltd. - Key offerings
• Exhibit 148: MakeMyTrip Ltd. - Segment focus

• 12.14 StayBeyond Ltd.

• Exhibit 149: StayBeyond Ltd. - Overview
• Exhibit 150: StayBeyond Ltd. - Product / Service
• Exhibit 151: StayBeyond Ltd. - Key offerings

• 12.15 TripAdvisor Inc.

• Exhibit 152: TripAdvisor Inc. - Overview
• Exhibit 153: TripAdvisor Inc. - Business segments
• Exhibit 154: TripAdvisor Inc. - Key offerings
• Exhibit 155: TripAdvisor Inc. - Segment focus

• 12.16 Vacasa Inc.

• Exhibit 156: Vacasa Inc. - Overview
• Exhibit 157: Vacasa Inc. - Product / Service
• Exhibit 158: Vacasa Inc. - Key offerings

• 12.17 Vacation Rental Pros Property Management LLC

• Exhibit 159: Vacation Rental Pros Property Management LLC - Overview
• Exhibit 160: Vacation Rental Pros Property Management LLC - Product / Service
• Exhibit 161: Vacation Rental Pros Property Management LLC - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist

• Exhibit 162: Inclusions checklist
• Exhibit 163: Exclusions checklist

• 13.3 Currency conversion rates for USUSD

• Exhibit 164: Currency conversion rates for USUSD

• 13.4 Research methodology

• Exhibit 165: Research methodology
• Exhibit 166: Validation techniques employed for market sizing
• Exhibit 167: Information sources

• 13.5 List of abbreviations

• Exhibit 168: List of abbreviations

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