Market New Research Vacation Rental Market Manufacturers Analysis,

Vacation Rental Market Manufacturers
Analysis, Segmentation and Application by
Types up to 2025
“Increase in domestic as well as international tourism worldwide was the
major driving factor for market growth in the past few years. In addition,
favorable government policies and aggressive marketing strategies
adopted by industry participants are expected to fuel market demand
for vacation rentals in the upcoming years.”
The Global Vacation Rental Market is subject to witness a substantial growth due to the increasing preference of
vacation home rentals over hotel lodging. Growing popularity of short-term rental apartments, farmhouses, and
private homes among users is expected to drive the growth of the market over the forecast period.
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Increase in the number of rental cabins, beach houses, villas, cottages, and chalets is anticipated to stimulate industry
expansion in the upcoming years. Globally, the vacation rental market is predicted to grow at a CAGR of 6.89%,
providing numerous opportunities for market players to invest for development of innovative vacation rental services.
Increase in domestic as well as international tourism worldwide was the major driving factor for market growth in the
past few years. In addition, favorable government policies and aggressive marketing strategies adopted by industry
participants are expected to fuel market demand for vacation rentals in the upcoming years. Additionally, increasing
number of second homes as rental property that are professionally managed is forecasted to offer new growth
prospects for vacation rental market. Shifting trend towards renting out property to generate excess of revenue by
owners is propelling market expansion in the recent years.