Vacation rental market to grow by USD 84.41 Bn: Specialized consumer services market is the parent market - Technavio

NEW YORK, Dec. 7, 2022 /PRNewswire/ -- The global vacation rental market has been categorized as a part of the global specialized consumer services market. The parent market, the global specialized consumer services, covers revenue generated by the consumer service providers, including residential services, home security services, legal services, personal services, renovation and interior design services, consumer auction services, wedding services, and funeral services.

The vacation rental market size is forecast to grow by USD 84.41 billion, at a CAGR of 8.54% between 2022 and 2027, according to Technavio, Download a sample

Vacation rental Market 2022-2026: Scope

The vacation rental market report covers the following areas:

• Market Size
• Key Trends
• Competitive Analysis

Vacation rental market 2022-2026: Vendor Landscape

The global vacation rental market is fragmented due to the presence of many established and regional vendors. International players are focused on increasing their market footprint. To survive in the growing competition, regional players are diligently utilizing their resources. The competitive environment in the global vacation rental market is likely to increase further during the forecast period with increased product or service extensions and technological innovations.

9flats.com PTE Ltd., Accor SA, Agoda Co. Pte. Ltd., Airbnb Inc., Bennington Properties LLC, Bluefish Vacation Rentals, BoutiqueHomes, Clickstay Ltd., Elite Destination Homes, Elite LLC, Expedia Group Inc., Holidu GmbH, Hotelplan Management AG, MakeMyTrip Ltd., and NOVASOL AS are among some of the major market participants.

Vacation rental market 2022-2026: Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share among others. Buy the Report

Vacation rental Market 2022-2026: Segmentation

• Management 
• Managed by owners
• Professionally managed

The managed by owners segment held the largest share of the market in 2022. Most players in this segment are small private hotels and resort landlords who manage their own property. Factors such as the need for increased personal interaction and improved customer satisfaction are driving the growth of the segment.

• Geography 
• Europe
• North America
• APAC
• South America
• Middle East And Africa

Europe is estimated to account for 37% of the market's growth during the forecast period. The presence of several established players, the rise in the number of new startups, and increased funding from high-profile investors are driving the growth of the regional market. In addition, the increased customer awareness towards rental vacation services and a rise in the number of tourists who want to stay in vacation rentals instead of hotel rooms are contributing to the growth of the vacation rental market in Europe.

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What are the key data covered in this vacation rental market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the vacation rental market between 2023 and 2027
• Precise estimation of the vacation rental market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the industry across Europe, North America, APAC, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of vacation rental market vendors

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Related Reports:

• The vacation rental market size in Europe is expected to increase by USD 29.23 billion from 2021 to 2026, at a CAGR of 8.18%. The market is segmented by management (managed by owners and professionally managed) and geography (UK, France, Italy, Spain, and Rest of Europe).
• The travel insurance market size is expected to increase by USD 9.88 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.23%. The market is segmented by end-user (senior citizens, business travel, family travel, and others) and geography (North America, Europe, APAC, MEA, and South America).

Table of contents:

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 Management
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Mode of Booking
• 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 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global vacation rental market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global vacation rental market 2017 - 2021 ($ billion)

• 4.2 Management Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Management Segment 2017 - 2021 ($ billion)

• 4.3 Mode of Booking Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Mode of Booking Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Management

• 6.1 Market segments 
• Exhibit 30: Chart on Management - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Management - Market share 2022-2027 (%)

• 6.2 Comparison by Management 
• Exhibit 32: Chart on Comparison by Management
• Exhibit 33: Data Table on Comparison by Management

• 6.3 Managed by owners - Market size and forecast 2022-2027
• Exhibit 34: Chart on Managed by owners - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Managed by owners - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Managed by owners - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Managed by owners - Year-over-year growth 2022-2027 (%)

• 6.4 Professionally managed - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Professionally managed - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Professionally managed - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Professionally managed - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Professionally managed - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Management 
• Exhibit 42: Market opportunity by Management ($ billion)

7 Market Segmentation by Mode of Booking

• 7.1 Market segments 
• Exhibit 43: Chart on Mode of Booking - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Mode of Booking - Market share 2022-2027 (%)

• 7.2 Comparison by Mode of Booking 
• Exhibit 45: Chart on Comparison by Mode of Booking
• Exhibit 46: Data Table on Comparison by Mode of Booking

• 7.3 Offline - Market size and forecast 2022-2027
• Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Mode of Booking 
• Exhibit 55: Market opportunity by Mode of Booking ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027
• Exhibit 61: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 63: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027
• Exhibit 85: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 France - Market size and forecast 2022-2027
• Exhibit 89: Chart on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.11 Italy - Market size and forecast 2022-2027
• Exhibit 93: Chart on Italy - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on Italy - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on Italy - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Italy - Year-over-year growth 2022-2027 (%)

• 9.12 China - Market size and forecast 2022-2027
• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 9flats.com PTE Ltd. 
• Exhibit 108: 9flats.com PTE Ltd. - Overview
• Exhibit 109: 9flats.com PTE Ltd. - Product / Service
• Exhibit 110: 9flats.com PTE Ltd. - Key offerings

• 12.4 Accor SA 
• Exhibit 111: Accor SA - Overview
• Exhibit 112: Accor SA - Business segments
• Exhibit 113: Accor SA - Key offerings
• Exhibit 114: Accor SA - Segment focus

• 12.5 Agoda Co. Pte. Ltd. 
• Exhibit 115: Agoda Co. Pte. Ltd. - Overview
• Exhibit 116: Agoda Co. Pte. Ltd. - Product / Service
• Exhibit 117: Agoda Co. Pte. Ltd. - Key news
• Exhibit 118: Agoda Co. Pte. Ltd. - Key offerings

• 12.6 Airbnb Inc. 
• Exhibit 119: Airbnb Inc. - Overview
• Exhibit 120: Airbnb Inc. - Product / Service
• Exhibit 121: Airbnb Inc. - Key offerings

• 12.7 Bennington Properties LLC 
• Exhibit 122: Bennington Properties LLC - Overview
• Exhibit 123: Bennington Properties LLC - Product / Service
• Exhibit 124: Bennington Properties LLC - Key offerings

• 12.8 Bluefish Vacation Rentals 
• Exhibit 125: Bluefish Vacation Rentals - Overview
• Exhibit 126: Bluefish Vacation Rentals - Product / Service
• Exhibit 127: Bluefish Vacation Rentals - Key offerings

• 12.9 BoutiqueHomes 
• Exhibit 128: BoutiqueHomes - Overview
• Exhibit 129: BoutiqueHomes - Product / Service
• Exhibit 130: BoutiqueHomes - Key offerings

• 12.10 Expedia Group Inc. 
• Exhibit 131: Expedia Group Inc. - Overview
• Exhibit 132: Expedia Group Inc. - Business segments
• Exhibit 133: Expedia Group Inc. - Key offerings
• Exhibit 134: Expedia Group Inc. - Segment focus

• 12.11 Hotelplan Management AG 
• Exhibit 135: Hotelplan Management AG - Overview
• Exhibit 136: Hotelplan Management AG - Product / Service
• Exhibit 137: Hotelplan Management AG - Key offerings

• 12.12 MakeMyTrip Ltd. 
• Exhibit 138: MakeMyTrip Ltd. - Overview
• Exhibit 139: MakeMyTrip Ltd. - Business segments
• Exhibit 140: MakeMyTrip Ltd. - Key offerings
• Exhibit 141: MakeMyTrip Ltd. - Segment focus

• 12.13 NOVASOL AS 
• Exhibit 142: NOVASOL AS - Overview
• Exhibit 143: NOVASOL AS - Product / Service
• Exhibit 144: NOVASOL AS - Key offerings

• 12.14 Oravel Stays Ltd. 
• Exhibit 145: Oravel Stays Ltd. - Overview
• Exhibit 146: Oravel Stays Ltd. - Product / Service
• Exhibit 147: Oravel Stays Ltd. - Key offerings

• 12.15 TripAdvisor LLC 
• Exhibit 148: TripAdvisor LLC - Overview
• Exhibit 149: TripAdvisor LLC - Business segments
• Exhibit 150: TripAdvisor LLC - Key offerings
• Exhibit 151: TripAdvisor LLC - Segment focus

• 12.16 World Travel Holdings 
• Exhibit 152: World Travel Holdings - Overview
• Exhibit 153: World Travel Holdings - Product / Service
• Exhibit 154: World Travel Holdings - Key offerings

• 12.17 Wyndham Hotels and Resorts Inc. 
• Exhibit 155: Wyndham Hotels and Resorts Inc. - Overview
• Exhibit 156: Wyndham Hotels and Resorts Inc. - Business segments
• Exhibit 157: Wyndham Hotels and Resorts Inc. - Key offerings
• Exhibit 158: Wyndham Hotels and Resorts Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 159: Inclusions checklist
• Exhibit 160: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 161: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 162: Research methodology
• Exhibit 163: Validation techniques employed for market sizing
• Exhibit 164: Information sources

• 13.5 List of abbreviations 
• Exhibit 165: List of abbreviations

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SOURCE Technavio