Vacation Rental Market 2020-2024 | Technological Advances to Boost Growth | Technavio

Technavio has been monitoring the vacation rental market, and it is poised to grow by USD 62.97 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Vacation Rental Market 2020-2024 (Graphic: Business Wire)

Technological advances has been instrumental in driving the growth of the market. However, inconsistent service quality and stringent government regulations might hamper the market growth. Request a free sample report

Vacation Rental Market 2020-2024: Segmentation

Vacation Rental Market is segmented as below:

Management

• Managed by Owners
• Professionally Managed

Geographic segmentation

• North America
• APAC
• Europe
• South America
• MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40053

Vacation Rental Market 2020-2024: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our vacation rental market report covers the following areas:

• Vacation Rental Market size
• Vacation Rental Market trends
• Vacation Rental Market industry analysis

This study identifies the adoption of effective promotional strategies as one of the prime reasons driving the vacation rental market growth during the next few years.

Vacation Rental Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the vacation rental market, including some of the vendors such as 9flats.com Pte Ltd., Airbnb Inc., Booking Holdings Inc., Expedia Group Inc., Hotelplan Holding AG, MakeMyTrip Pvt. Ltd., NOVASOL AS, Oravel Stays Pvt. Ltd., TripAdvisor Inc. and Wyndham Destinations Inc. Backed with competitive intelligence and benchmarking, our research reports on the vacation rental market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

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Vacation Rental Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist vacation rental market growth during the next five years
• Estimation of the vacation rental market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the vacation rental market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of vacation rental market vendors

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200225005458/en/