Press release
Short-Term Vacation Rental Market Report, Size, Share, Growth, Trends, Industry Outlook to 2033
Short-Term Vacation Rental Market
The new report published by The Business Research Company, titled Short-Term Vacation Rental Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the short-term vacation rental market size has grown strongly in recent years. It will grow from $111.08 billion in 2023 to $120.77 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The short-term vacation rental market size is expected to see strong growth in the next few years. It will grow to $169.75 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%.
Download Free Sample Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=18730&type=smp
What Is Driving The Growth Of The Global Short-Term Vacation Rental Market?
Rising Number Of Travelers Fuels Growth In Short-Term Vacation Rental Market
The increasing number of travelers is expected to propel the growth of the short-term vacation rental market going forward. The rise in travelers is driven by increased disposable income and a growing desire for unique and diverse experiences. Travelers utilize short-term vacation rentals for more personalized and cost-effective accommodations that offer local experiences and home-like amenities. For instance, in May 2024, according to the Office for National Statistics, a UK-based national statistical institute, the UK saw a rise in overseas visitors, with 38.0 million trips compared in 2023 to 31.2 million in 2022. These visitors spent £31.1 billion, an increase of $5.91 billion (£4.6 billion) from the previous year. Conversely, UK residents took 86.2 million trips abroad, up from 71.0 million in 2022, and spent $93.07 billion (£72.4 billion), $17.87 billion (£13.9 billion) more than the previous year. Therefore, the increasing number of travelers will drive the growth of the short-term vacation rental market.
What Is The Key Trend In The Global Short-Term Vacation Rental Market?
Advancements In Property Management Solutions Enhances Efficiency For Short-Term Rental Hosts
Major companies operating in the short-term rental market are developing property management solutions to enhance operational efficiency and improve guest experiences. Property management solutions refer to sophisticated software and systems that automate and streamline the management of rental properties, including booking, maintenance, and tenant communications. For instance, in January 2024, Guesty an Israel-based property management software provider company launched Guesty Lite. It is a streamlined property management solution for hosts managing 1-3 properties, offering Guesty's top features and technology without the complexity. It enhances listing visibility on key booking channels, automates daily tasks, and provides a scalable platform to boost revenue and guest satisfaction. It offers an all-in-one solution that ensures hosts can effortlessly deliver exceptional guest experiences.
How Is The Global Short-Term Vacation Rental Market Segmented?
The short-term vacation rental market covered in this report is segmented -
1) By Accommodation Type: Home, Apartments, Resorts Or Condominium, Other Accommodation Types
2) By Booking Mode: Online Or Platform-Based, Offline
3) By Management: Managed By Owners, Professionally Managed
You Can Pre-Book The Global Market Report Of Your Requirement For A Swift Delivery And Also Get An Exclusive Discount On This Report, Checkout Link:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18730
How Is The Competitive Landscape Of The Global Short-Term Vacation Rental Market?
Major companies operating in the short-term vacation rental market are Booking Holdings Inc., Expedia Group Inc., Airbnb Inc., Wyndham Destinations Inc., Agoda Company Pte. Ltd., Tripadvisor Inc., Vacasa Inc., Oravel Stays Private Limited, NOVASOL A/S, MakeMyTrip Pvt. Ltd., Hotelplan Management AG, Evolve Vacation Rental Network Inc., Hopper Inc., Holidu GmbH, Vacation Rental Pros Property Management LLC, HomeToGo GmbH, Atraveo GmbH, 9flats.com PTE Ltd., Housewise Services Pvt. Ltd., Homestay Technologies Ltd., Casiola WorldWide LLC, Homely Stays Pte. Ltd., StayBeyond Ltd
Contents Of The Global Short-Term Vacation Rental Market
1. Executive Summary
2. Short-Term Vacation Rental Market Report Structure
3. Short-Term Vacation Rental Market Trends And Strategies
4. Short-Term Vacation Rental Market - Macro Economic Scenario
5. Short-Term Vacation Rental Market Size And Growth
…..
27. Short-Term Vacation Rental Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore The Report Store To Make A Direct Purchase Of The Report: https://www.thebusinessresearchcompany.com/report/short-term-vacation-rental-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Short-Term Vacation Rental Market Report, Size, Share, Growth, Trends, Industry Outlook to 2033 here
News-ID: 3688370 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Rental
Construction Equipment Rental (Ez Equipment Rental)
Whatever Your Project Needs, We Have The Solution
We understand purchasing heavy equipment isn't always the best option for a business, especially if you only need a machine temporarily.
EZ Equipment Rental LLC services industrial businesses with the equipment they need to operate, as well as homeowners and handymen tackling residential projects. Our inventory is stocked with bucket trucks, concrete equipment, generators, lighting, pumps, saws, jumping jacks, air compressors, pressure washers, earthmoving…
Machinery Rental Market Growth Drivers, and Competitive Landscape |United Rental …
The Machinery Rental Market Trends Overview 2024-2031:
A new Report by Worldwide Market Reports, titled "Machinery Rental Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031," offers a comprehensive analysis of the industry, which comprises insights on the Machinery Rental market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
This report has a complete table of contents, figures, tables, and charts, as well as…
Floorcare Equipment Rental Market Size in 2023 To 2029 | Hejny Rental, Herc Rent …
Floorcare Equipment Rental market report includes market-driving factors, major obstacles, and restraining factors impeding market growth. The report assists existing rental providers and start-ups in developing strategies to combat challenges and capitalize on lucrative opportunities to gain a foothold in the global market. Moreover, the report provides thorough information about prime end-users and annual forecast during an estimated period.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=7629985
Descriptive company…
Future Growth: Equipment Rental Platform Market Sees Promising Growth in 2022 Un …
Global Equipment Rental Platform Market Research Report provides a key analysis of the market status of the Equipment Rental Platform with the best facts and figures, meaning, definition, SWOT analysis, expert opinions, and the latest developments across the globe. The report also calculates the market size, Sales, Price, Revenue, Gross Margin, Market Share, cost structure, and growth rate. The report considers the revenue generated from the sales of This Report…
Machinery Rental Market Growing Demand, Industry Growth And Scope with Outlook 2 …
Worldwide Market Reports provide important in-depth insights for the Machinery Rental Market In its recently released study. It includes global industry analysis, size, share, growth, trends, and forecast for 2022-2029. The market study for Machinery Rental has been created after careful consideration of the current trends in the industry. It provides a clear, fact-filled overview of the market definition. The research focuses on the market size for Machinery Rental, latest…
Forklift Rental Market 2019 by Top Vendor Analysis-Kanoo Machinery, Peax Equipme …
The report Forklift Rental Market 2019 Research highlights key dynamics of Global Forklift Rental Industry sector.
The report explicit the complete details covering product definition, product type, and application. The report covers helpful subtleties which are sorted dependent on generation region, major players, and item type which will give a simplified view on the business. The market report shows the competitive scenario of the major market players dependent…
