This report on vacation rental studies all the characteristic of the present and forthcoming industry growth information which is climacteric for all new participants well as the leading market participant. The analysis of pioneering verticals and geographical regions is also discussed.
Dallas, United States – October 26, 2018 —
with the slowdown in world economic growth, the Vacation Rental industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Vacation Rental market size to maintain the average annual growth rate of 10.81% from 61 million $ in 2014 to 83 million $ in 2017, Research analysts believe that in the next few years, Vacation Rental market size will be further expanded, we expect that by 2022, The market size of the Vacation Rental will reach 165 million $.
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The global vacation rentals market has witnessed a rapid growth in the past few years, owing to the growing tourism industry worldwide. As compared to hotels, vacation rentals offer more flexibility with lodging. It is a cost-effective and more comfortable accommodation option for people looking to stay for a longer period of time, probably a week or more. This market is growing off the online booking trend. The preference for instant bookings has increased among the consumers, and online booking provides an increased degree of service differentiation, by presenting many options for accommodation at varied price ranges to the customers. Farmhouses, private homes, beach houses, villas, cabins, cottages, short-term rental apartments, are only a few of the several types of housing places that are up for booking.
These houses are well equipped, along with access to kitchen and washer-dryer, providing more space and privacy to the customers. The homeowners keep these rentals clean and attractive, and the period of stay can vary from a weekend to a 7-day vacation, or even more, at a significantly less price, than it’d cost to stay at a hotel. The prices of hotel rooms increase during peak travel season, with strict check-in and check-out timings. Vacation rentals mostly stay unaffected by those.
This Report covers the manufacturers’ data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
The increase in the number of domestic and international travels has given rise to the popularity of these short-term rental properties. They are convenient to book, with minimal to zero wait time, thus increasing customer satisfaction. These vacation rental homes are present on web-based listing sites, where customers can leave reviews for other customers to take advantage of, and suggestions for the homeowners to improve their stay. However, despite these listings, the major restraint in this market is the presence of fraudulent vacation rentals.
Some of the key players in the vacation rentals market are:
• Ciirus Inc.
• Kigo Inc.
• Virtual Resort Manager
• Rental Network Software
The following Product Type Segmentation Are included in the report:
• Product Type Segmentation (Vacation Rental,)
• Industry Segmentation (SME, Big Enterprise,)
• Channel (Direct Sales, Distributor) Segmentation
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Major Point from Table of Content:
Section 1 Vacation Rental Definition
Section 2 Manufacturer Share and Market Overview
Section 3 Manufacturer Business Introduction
Section 4 Region Level
Section 5 Product Type Level
Section 6 Industry Level
Section 7 Channel Level
Section 8 Vacation Rental Market Forecast 2018-2022
Section 9 Segmentation Product Type
Section 10 Segmentation Industry
10.1 SME Clients
10.2 Big Enterprise Clients
Section 11 Vacation Rental Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion
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