A vacation rental is an alternative lodging option, which involves the short-term rental of myriad properties, such as apartments, farm stays, private homes, cabins, beach houses, villas, cottages, or chalets to travelers and tourists. These dwelling units are offered on a nightly, weekly, or a monthly basis although the dominant practice in the market is renting it out weekly.In this report, Technavio covers the present scenario and the growth prospects of the global vacation rental market for 2017-2021. To calculate the market size, the study considers the revenue generated from the vacation rental bookings in various regions.

PART 01: Executive summary ............................................ 6

PART 02: Scope of the report ........................................... 17

PART 03: Market research methodology ......................... 20

Research methodology 20

Economic indicators 20

PART 04: Introduction ....................................................... 21

Key market highlights 21

PART 05: Market landscape .............................................. 24

Global hotels and resorts market 24

Global vacation rental market 24

Five forces analysis 32

PART 06: Market segmentation by management ............ 33

Global vacation rental market by management 33

PART 07: Geographical segmentation ............................. 35

Global vacation rental market by geography 35

Vacation rental market in Europe 36

Vacation rental market in North America 39

Vacation rental market in APAC 41

Vacation rental market in Latin America 43

Vacation rental market in MEA 44

PART 08: Market drivers ................................................... 47

Rise of sharing economy 47

Expansion of online distribution 47

Increased investment in vacation rental homes 49

Substantial saving opportunities 50

PART 09: Impact of drivers ............................................... 52

PART 10: Market challenges ............................................. 53

Lack of proper regulations 53

Low conversion rate of lead to transaction 54

Inconsistency in quality 54

Increase in short-term rentals affecting the long-term

rentals 55

Fraudulent vacation rental homes 56

PART 11: Impact of drivers and challenges .................... 57

PART 12: Market trends .................................................... 58

Increased professionalism 58

Proliferation of vacation rental business services 58

New entrants from related industries 59

Improved booking process 59

Technological advancements 60

PART 13: Vendor landscape ............................................. 61

Competitive scenario 61

Market vendor analysis 62

Airbnb 63

HomeAway 64

TripAdvisor 64

Wimdu 65

9flats 66

Wyndham Worldwide 66

World Travel Holdings 67

Other prominent vendors 68

PART 14: Other prominent vendors ................................. 69

PART 15: Appendix ........................................................... 71

List of abbreviations 71

PART 16: Explore Technavio ............................................ 72