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Peer-to-Peer Accommodation Market 2019 Industry Size, Growth and Industry Key Players Analysis Airbnb, Flipkey, HomeAway, Roomorama, HouseTrip Ltd, Wimdu, Lifealike Limited

06-17-2019 10:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Peer-to-Peer Accommodation Market

Peer-to-Peer Accommodation Market

Increasing connectivity facilitated by online social network platforms allows people to share access to their houses, rooms, products, and services for a fee or other compensation. This phenomenon, also termed as peer-to-peer (P2P) accommodation, has gained prevalence in travel & tourism marketplaces in the past few years. A number of companies have developed relationships with property managers in different cities worldwide and offer accommodations according to consumer requirements. These companies form a global network of individuals to establish the demand and supply equation in hospitality and tourism industries.

Major factors that drive the use of peer-to-peer accommodations are social appeal due to customers social motivation to get to know, interact, and connect with local communities, and economic appeal owing to the low cost of quality accommodation. Privacy and safety concerns are the prime factors hindering the market growth. Distrust towards the hosts and the online platform used to communicate and execute transactions deter travelers from using P2P accommodations. Participating in collaborative consumption is an opportunity for peers to develop connections with websites involved in collaborative business. Moreover, market players such as Airbnb have an opportunity to establish relations with property dealers to widen their consumer base.

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Potential Benefits For Stakeholders
• Comprehensive analysis of the world peer-to-peer accommodation market is provided.
• The report offers a competitive scenario of the market with current trends, future estimations, structure, driving factors, scope, opportunities, and challenges.
• The report includes a comprehensive analysis of the key segments to provide insights on market dynamics.
• Porters Five Forces analysis highlights the potential of buyers and suppliers as well as provides insights on the competitive structure of the market to devise effective growth strategies and facilitate better decision-making.
• Value chain analysis provides key inputs on the role of stakeholders involved at various stages.

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Peer-To-Peer Accommodation Market Segmentation
The world peer-to-peer accommodation market is segmented on the basis of application, type of accommodation, and geography.

By Type Of Accommodation
• Single Room
• Private Room
• Entire House/Apartment

By Application
• Tourism
• Hospitality

By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA

Key Players
• Airbnb Inc.
• Flipkey Inc.
• HomeAway, Inc.
• Roomorama
• HouseTrip Ltd.
• Wimdu
• Lifealike Limited
• HomeExchange.com
• Couchsurfing International Inc.
• MyTwinPlace

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About Us
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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