Vacation Rental Market Size – Statistics and Analysis 2022-2026
The vacation rental market share is expected to increase by USD 79.30 billion by 2026, at a CAGR of 8.42%. The incremental growth and the accelerate growth momentum present a positive outlook for the market. This will encourage established as well as new vendors to make investments and strengthen their position in the vacation rental market.
The vacation rental market research report offers several other key information including:
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive vacation rental market growth during the next five years
- Precise estimation of the vacation rental market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the vacation rental market industry across North America, APAC, Europe, South America, and MEA
- A thorough 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
The growing tourism industry and increasing popularity of short-term rental properties is notably driving the global vacation rental market size growth, although factors such as risks associated with fraudulent vacation rental houses, apartments, and homestays may impede the market growth.
