In 2024, there were approximately **** million housing units occupied by renters in the United States. This number has been gradually increasing since 2010 as part of a long-term upward swing since 1975. Meanwhile, the number of unoccupied rental housing units has followed a downward trend, suggesting a growing demand and supply failing to catch up. Why are rental homes in such high demand? This high demand for rental homes is related to the shortage of affordable housing. Climbing the property ladder for renters is not always easy, as it requires prospective homebuyers to save up for a down payment and qualify for a mortgage. In many metros, the median household income is insufficient to qualify for the median-priced home. How many owner occupied homes are there in the U.S.? In 2023, there were over ** million owner occupied homes. Owner occupied housing is when the person who owns a property – either outright or through a mortgage – also resides in the property. Excluded are therefore rental properties, employer-provided housing and social housing.
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The online home rental market is set to experience significant growth from 2025 to 2035, driven by increasing urbanization, rising digital adoption, and the growing demand for flexible living solutions. The market is expected to expand from USD 20.4 billion in 2025 to USD 82.5 billion by 2035, reflecting a CAGR of 14.2% during the forecast period.
Metric | Value |
---|---|
Industry Size (2025E) | USD 20.4 billion |
Industry Value (2035F) | USD 82.5 billion |
CAGR (2025 to 2035) | 14.2% |
Global Online Home Rental Market - Country-Wise Per Capita Spending
Country | United States |
---|---|
Population (millions) | 345.4 |
Estimated Per Capita Spending (USD) | 145.20 |
Country | United Kingdom |
---|---|
Population (millions) | 68.3 |
Estimated Per Capita Spending (USD) | 132.50 |
Country | Germany |
---|---|
Population (millions) | 83.2 |
Estimated Per Capita Spending (USD) | 120.80 |
Country | France |
---|---|
Population (millions) | 65.6 |
Estimated Per Capita Spending (USD) | 110.30 |
Country | Canada |
---|---|
Population (millions) | 39.2 |
Estimated Per Capita Spending (USD) | 138.60 |
Country-Wise Outlook
Country | CAGR (2025 to 2035) |
---|---|
United States | 6.8% |
Country | CAGR (2025 to 2035) |
---|---|
United Kingdom | 6.5% |
Country | CAGR (2025 to 2035) |
---|---|
Germany | 6.7% |
Country | CAGR (2025 to 2035) |
---|---|
India | 7.5% |
Country | CAGR (2025 to 2035) |
---|---|
China | 8.1% |
Competition Outlook
Estimated Market Share (%), 2024 | |
---|---|
Airbnb | 20-25% |
Zillow Rentals | 15 to 20% |
Realtor.com | 12-16% |
Apartments.com ( CoStar Group) | 10-14% |
Other Companies (combined) | 35-45% |
The real estate volume in the 'Residential Real Estate Leases' segment of the real estate market in the United States was forecast to continuously increase between 2024 and 2029 by in total 0.9 million (+1.91 percent). After the ninth consecutive increasing year, the real estate volume is estimated to reach 47.97 million and therefore a new peak in 2029. The Statista Market Insights cover a broad range of additional markets.
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Online Home Rental Market size is estimated to be valued at USD 23.32 Bn in 2025 and is expected to expand at a CAGR of 13.3%, reaching USD 55.92 Bn by 2032.
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The global rental housing market is experiencing robust growth, driven by several key factors. Urbanization and population growth are fueling increased demand for rental properties, particularly in densely populated areas. Changing lifestyles, with more people opting for flexible living arrangements and avoiding the commitment of homeownership, are further bolstering the market. Technological advancements, including online platforms like Zillow, Airbnb, and Ziru, are streamlining the rental process, improving efficiency, and enhancing transparency for both landlords and tenants. Furthermore, the rise of co-living spaces and flexible lease options caters to evolving renter preferences. While economic fluctuations and interest rate hikes can present challenges, the underlying demand remains strong, indicating sustained growth for the foreseeable future. We estimate the market size in 2025 to be $2 trillion based on publicly available data for comparable real estate sectors and considering the global spread of rental housing. This robust growth trajectory is projected to continue, with a Compound Annual Growth Rate (CAGR) of approximately 5% through 2033. However, challenges exist within the rental housing market. Regulatory changes related to rent control and tenant protection can impact profitability for landlords. Maintaining property quality and addressing concerns regarding affordability, especially in rapidly growing urban centers, pose ongoing difficulties. Competition among rental platforms and property management companies is fierce, necessitating ongoing innovation and adaptation to retain market share. Despite these headwinds, the long-term outlook remains positive. The increasing preference for rental accommodation, combined with ongoing technological advancements, suggests a sustained and expansive market with significant opportunities for both established players and new entrants. The market segmentation reflects varying needs, from luxury apartments to budget-friendly options, providing ample opportunities across different income levels and lifestyle preferences.
The construction of multifamily homes in the U.S. is expected to fall sharply in 2024 and 2025. This would come after a period of significant growth between 2019 and 2023, when it peaked at 144.68 billion U.S. dollars. New residential construction in the United States decreased in 2023.
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The global mobile home rental market size was valued at USD 9.3 billion in 2023, and it is projected to reach USD 17.8 billion by 2032, growing at a CAGR of 7.5% during the forecast period. The growth of this market is driven by the increasing demand for affordable housing solutions and the rising trend of mobile living among different demographics. As urbanization continues to increase and housing prices soar, mobile homes present a viable and cost-effective alternative to traditional housing. The flexibility, affordability, and customization options associated with mobile homes have made them an attractive choice for many, thereby fueling the growth of the rental segment.
One of the primary growth factors for the mobile home rental market is the rising affordability crisis in urban housing. As property prices continue to skyrocket in major cities around the world, more individuals and families are turning to mobile homes as a practical solution. Mobile homes offer a lower cost of living, reduced maintenance expenses, and the ability to relocate easily, making them an appealing option for those who face financial constraints. Additionally, mobile homes are increasingly being designed with modern amenities and high-quality materials, improving their appeal and livability.
Another significant growth driver is the increasing acceptance and popularity of mobile home parks. These parks provide a community-based living environment with amenities such as recreational facilities, security, and maintenance services. This community aspect, combined with the affordability of mobile homes, attracts a diverse range of renters, from young professionals to retirees. Moreover, governments in various regions are also supporting the development of mobile home parks to address the housing shortage, further boosting the market.
The growing trend of minimalistic and sustainable living is also contributing to the market's expansion. Many individuals are prioritizing smaller, eco-friendly living spaces that reduce their carbon footprint. Mobile homes, which often employ sustainable building practices and materials, cater to this demographic. The ability to downsize and live a more sustainable lifestyle without sacrificing comfort is a strong selling point for mobile homes, increasing their popularity among environmentally conscious renters.
Regionally, North America holds the largest share of the mobile home rental market due to the high demand for affordable housing solutions and the presence of well-established mobile home communities. Europe is also witnessing significant growth, driven by similar affordability concerns and an increasing preference for flexible living options. Asia Pacific is expected to exhibit the highest CAGR during the forecast period, fueled by rapid urbanization, population growth, and government initiatives supporting affordable housing. Latin America and the Middle East & Africa regions are also showing promising growth potential, albeit at a slower pace.
The mobile home rental market can be segmented by type into Single-Wide, Double-Wide, and Triple-Wide homes. Single-Wide mobile homes are the most traditional and common type, featuring a narrow and elongated structure that is easy to transport and set up. These homes are highly popular among individual renters and small families due to their affordability and simplicity. Despite their smaller size, many single-wide homes are equipped with modern amenities, making them a comfortable living option. The demand for single-wide homes remains strong, particularly in regions where affordable housing is scarce.
Double-Wide mobile homes consist of two sections that are joined together to create a larger living space. These homes offer more interior space and design flexibility compared to single-wide models, catering to families and individuals who require more room. The growing preference for spacious living environments without the high costs associated with traditional homes is driving the demand for double-wide mobile homes. Additionally, double-wide homes often feature more advanced amenities and higher quality finishes, further enhancing their appeal.
Triple-Wide mobile homes represent the largest and most luxurious segment within the mobile home rental market. These homes consist of three joined sections, providing a spacious and comfortable living environment that can rival traditional houses. Triple-wide homes are designed to offer maximum comfort and luxury, often featuring multiple bedrooms, large kitchens,
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The global mobile home rental market is poised to witness substantial growth over the next decade, with a CAGR of XX% during the forecast period of 2025-2033. In 2025, the market size was valued at USD XXX million and is projected to reach USD XXX million by 2033. The rising popularity of mobile homes as affordable housing options and the increasing demand for flexible living arrangements are driving market growth. Additionally, factors such as the growing number of senior citizens and millennial renters are contributing to the rising demand for mobile home rentals. North America and Europe are expected to be the dominant regions in the mobile home rental market, owing to the presence of a large number of mobile home park operators and a well-established infrastructure. Asia Pacific is expected to witness significant growth in the coming years, driven by the increasing demand for affordable housing in developing countries. Some of the key players operating in the mobile home rental market include RE/MAX, Able Housing, MHVillage, Morgan Enterprises, David McDonald Rentals, Long Island Mobile Home, Forbes Homes, FR Community, Reeves Rentals, and Zillow.
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The Short Term Vacation Rental Market is Segments by Accommodation Type (Apartments / Condominiums, Homes / Villas, and More), by Booking Channel (Online Travel Agencies, Direct Owner Websites, and More), by Guest Type (Leisure Travelers, Business and Bleisure Travelers, and More) and by Geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). The Market Forecasts are Provided in Terms of Value (USD)
Vacation Rental Market Size 2025-2029
The vacation rental market size is forecast to increase by USD 22 billion, at a CAGR of 4.1% between 2024 and 2029. The market is experiencing significant growth, fueled by the expanding tourism industry and the increasing preference for short-term stays.
Major Market Trends & Insights
Europe dominated the market and accounted for a 32% share in 2023.
The market is expected to grow significantly in North America region as well over the forecast period.
Based on the Management, the managed by owners segment led the market and was valued at USD 61.00 billion of the global revenue in 2023.
Based on the Method, the offline segment accounted for the largest market revenue share in 2023.
Market Size & Forecast
Market Opportunities: USD 98.00 Billion
Future Opportunities: USD 22 Billion
CAGR (2024-2029): 4.1%
Europe: Largest market in 2023
Marketing automation tools, rental income tracking, guest experience metrics, calendar synchronization, and host communication platforms facilitate effective marketing and guest engagement. Legal compliance standards, cleaning service scheduling, digital marketing strategies, online reputation management, booking platform integration, customer relationship management, multi-property management, and revenue management software are indispensable for managing a large and diverse rental portfolio. Prices for vacation rentals are expected to grow by 5% annually, driven by the increasing popularity of short-term rentals and the adoption of advanced technologies. The market is witnessing a shift towards automation and integration, with automated check-in/out, keyless entry systems, and data analytics dashboards becoming standard offerings.
What will be the Size of the Vacation Rental Market during the forecast period?
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The market continues to evolve, with innovative technologies and strategies shaping the industry landscape. Dynamic pricing algorithms are increasingly being adopted to optimize revenue based on real-time market demand and supply dynamics. For instance, a leading player in the market reported a 15% increase in average daily rate through dynamic pricing. Maintenance request systems, tax compliance software, and smart home integration are essential tools for property managers, ensuring efficient operations and regulatory compliance. Moreover, rental agreement templates, payment gateway security, and security camera monitoring enhance the guest experience and property protection. Insurance policy coverage, occupancy rate optimization, and channel management strategies are crucial components of a successful rental business. The professionally managed segment is the second largest segment of the management and was valued at USD 33.50 billion in 2023.
In conclusion, the market is characterized by continuous innovation and adaptation to meet the evolving needs of property managers and guests. By leveraging technologies such as dynamic pricing algorithms, maintenance request systems, tax compliance software, smart home integration, and more, rental businesses can optimize operations, enhance guest experiences, and grow their revenue.
The convenience of instant booking features has made vacation rentals an attractive alternative to traditional hotels, particularly for travelers seeking more personalized and affordable accommodations. However, this market is not without challenges. The rise of fraudulent vacation rental properties poses a significant risk to both renters and property owners. Malicious actors create fake listings or misrepresent existing properties, leading to dissatisfied customers and potential financial losses.
Companies operating in this market must prioritize security measures to mitigate these risks and maintain customer trust. By addressing these challenges and capitalizing on the growing demand for vacation rentals, businesses can effectively position themselves to thrive in this dynamic and evolving market.
How is this Vacation Rental Industry segmented?
The vacation rental industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Management
Managed by owners
Professionally managed
Method
Offline
Online
Type
Home
Apartments
Resort/Condominium
Others
Geography
North America
US
Canada
Europe
France
Italy
UK
APAC
China
India
Japan
South America
Brazil
Rest of World (ROW)
By Management Insights
The managed by owners segment is estimated to witness significant growth during the forecast
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The global mobile home rental market is anticipated to experience significant growth over the forecast period, driven by increasing urbanization and the affordability of mobile homes compared to traditional housing. The rising cost of living and the growing demand for flexible housing options are also contributing to the market's expansion. Long-term rentals are expected to dominate the market due to the stability and security they offer to tenants. Key trends shaping the mobile home rental market include the integration of smart home technologies, energy-efficient designs, and eco-friendly construction practices. The adoption of these technologies is enhancing the comfort, convenience, and sustainability of mobile homes, making them more attractive to renters. Additionally, the expansion of the e-commerce platform and the use of mobile apps for booking and management are streamlining the rental process and increasing accessibility. The market is expected to witness further growth in the coming years, supported by government initiatives, favorable demographics, and technological advancements.
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The global housing rental service platform market is experiencing robust growth, driven by several key factors. The increasing urbanization and migration patterns worldwide are leading to a surge in demand for rental properties. Technological advancements, such as user-friendly mobile applications and improved online property listings, have significantly streamlined the rental process, making it more convenient and efficient for both landlords and tenants. Furthermore, the rise of the sharing economy and the increasing preference for flexible living arrangements are contributing to the market's expansion. This trend is further amplified by the growing adoption of smart home technologies, which enhance property management and tenant experience. We estimate the market size in 2025 to be approximately $15 billion, based on reasonable projections considering the rapid growth in similar online services and the expanding rental market globally. A Compound Annual Growth Rate (CAGR) of 15% is projected through 2033, indicating a substantial increase in market value over the forecast period. However, the market faces certain restraints. Competition among established players and new entrants is fierce, necessitating continuous innovation and strategic adaptation. Data security and privacy concerns regarding tenant and landlord information represent a significant challenge, requiring robust security measures. Regulatory changes and varying local laws across different regions add complexity to operations, potentially impacting profitability and expansion plans. Nevertheless, the market's overall growth trajectory remains positive, fueled by technological progress, changing lifestyle preferences, and the enduring need for efficient and transparent rental solutions. Key segments within the market, such as those focused on luxury rentals, short-term stays, or specialized niche markets (e.g., student housing) present lucrative opportunities for focused growth. Companies like Zillow, Trulia, and Apartment List, among many others, are actively shaping the market landscape with their diverse offerings and innovative features.
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Global Real Estate Rental market size is expected to reach $3862.88 billion by 2029 at 7.4%, segmented as by type, residential buildings and dwellings rental services, non-residential buildings rental services
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The mobile home rental market is experiencing robust growth, driven by increasing affordability concerns among renters and a surge in demand for flexible housing options. The market's size, while not explicitly stated, can be reasonably estimated based on industry trends and comparable sectors. Considering the rising popularity of mobile homes as a cost-effective alternative to traditional housing, coupled with a projected Compound Annual Growth Rate (CAGR), we can infer substantial market expansion. Factors such as the increasing prevalence of remote work, which allows for greater geographical mobility, and the appeal of mobile home parks as established communities, are significant drivers. However, challenges remain, including regulatory hurdles in certain regions concerning mobile home placement and zoning, as well as the potential for supply chain disruptions impacting the manufacturing and availability of mobile homes. Market segmentation reveals strong demand across both individual and commercial renters, with long-term rentals currently dominating the market share, although short-term rentals are a segment experiencing rapid growth. Key players such as RE/MAX, Zillow, and specialized mobile home rental companies are leveraging technology and innovative rental models to capitalize on the expanding market. Geographic distribution reveals a strong concentration in North America, particularly the United States, due to established mobile home park infrastructure and higher levels of mobile home ownership. European and Asian markets also exhibit potential for growth, although slower compared to North America, reflecting the differing housing preferences and regulatory landscapes. Future market growth will likely depend on addressing existing restraints, such as addressing concerns surrounding the quality and safety standards of older mobile homes and promoting greater regulatory clarity regarding their placement and usage. The industry needs to balance the demand with environmentally sustainable practices and responsible land development to ensure the long-term success and expansion of this dynamic sector. This includes promoting energy efficiency in mobile home construction and addressing concerns about potential environmental impacts related to the manufacturing and disposal of mobile homes.
The UK residential rental market is poised for significant growth, with forecasts indicating a cumulative increase of nearly **** percent by 2029. This surge is expected to be front-loaded, with a robust *****percent rise anticipated in 2025. Rental growth has accelerated notably since 2021, with August 2024 experiencing a decade-high annual percentage growth. The trend reflects the complex interplay between housing affordability, mortgage rates, and supply of rental homes, as the UK housing market navigates a period of transition.
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The global housing rental service market size was valued at $1.56 trillion in 2023 and is projected to reach $2.56 trillion by 2032, growing at a compound annual growth rate (CAGR) of 5.6% during the forecast period. This growth is primarily driven by increasing urbanization, rising population density in metropolitan areas, and the shift in consumer preference towards rental accommodations over homeownership. The demand for housing rental services is also fueled by the flexibility and cost-effectiveness they offer compared to buying properties, particularly in economically volatile environments.
One of the primary growth factors influencing the housing rental service market is the rapid urbanization happening globally. As more people move to urban centers in search of better employment opportunities, the demand for rental housing rises significantly. Urban areas often come with high property prices, making homeownership less feasible for many individuals. Consequently, the rental market becomes an attractive alternative, providing more affordable and flexible living arrangements. Additionally, the increasing number of single-person households and young professionals seeking mobility and convenience further propels the market.
Another significant driver is the growing popularity of the sharing economy, which has revolutionized the way people perceive and utilize property. Platforms like Airbnb have normalized short-term rentals, contributing to the market's growth. These platforms offer homeowners the opportunity to monetize vacant properties and provide renters with cost-effective and flexible options. This shift towards embracing short-term rentals is also supported by advancements in technology, which make it easier for users to find, book, and manage rental properties online, thus enhancing the overall user experience.
Economic factors also play a crucial role in the growth of the housing rental service market. In regions with high costs of living and economic uncertainty, renting becomes a more viable option compared to purchasing a home. Renting allows for better financial flexibility, avoiding the long-term commitment and financial burden that comes with a mortgage. Moreover, the trend towards remote work, accelerated by the COVID-19 pandemic, has led to changes in housing preferences, where people are no longer constrained to live near their workplaces, allowing them to choose rental properties that better suit their lifestyle and budget.
From a regional perspective, North America and Europe are major markets for housing rental services due to the high rate of urbanization and a substantial population of expatriates and young professionals. The Asia Pacific region is anticipated to witness significant growth, driven by rapid urbanization in countries like China and India. The Middle East & Africa and Latin America are also expected to see moderate growth, supported by improving economic conditions and increased foreign investments in real estate. These regional dynamics highlight the varied but robust demand for rental housing services worldwide.
The luxury rental market is an intriguing segment within the broader housing rental service market. This niche caters to high-net-worth individuals and expatriates who seek premium accommodations with top-tier amenities and services. Luxury rentals often include features such as concierge services, private gyms, and high-end finishes, appealing to those who prioritize comfort and exclusivity. In urban centers, luxury apartments and penthouses are particularly popular, offering breathtaking views and proximity to cultural and business hubs. The demand for luxury rentals is also driven by the increasing number of affluent individuals and the global mobility of professionals who prefer renting over purchasing properties in foreign locations.
The housing rental service market can be segmented by type into short-term rentals and long-term rentals. Short-term rentals, including vacation rentals and corporate housing, have gained significant traction due to the popularity of platforms like Airbnb and VRBO. These rentals are appealing to travelers and business professionals seeking temporary accommodation without the commitment of a long-term lease. The flexibility and convenience provided by short-term rentals, coupled with the ability to experience different neighborhoods and properties, have made them an attractive option for many consumers.&
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The global housing rental service platform market is experiencing robust growth, driven by increasing urbanization, the rising popularity of short-term rentals, and the expanding adoption of technology in property management. The market size in 2025 is estimated at $50 billion, demonstrating significant expansion from its historical period. This growth is projected to continue at a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated market value of $150 billion by 2033. Key drivers include the convenience and efficiency offered by online platforms, enabling property owners to manage their listings and tenants to search and book properties easily. Furthermore, the integration of advanced features such as virtual tours, online payment processing, and sophisticated search filters enhances user experience and drives market expansion. Emerging trends, such as the integration of AI for property pricing and tenant screening, along with the rise of subscription-based rental models, are further fueling market growth. However, regulatory challenges related to data privacy and fair housing practices, as well as competition from traditional real estate agencies, pose some restraints on market growth. The competitive landscape is highly dynamic, with a mix of established players like Zillow, Trulia, and RealPage, and innovative startups such as Rentberry and Spotahome vying for market share. Geographic expansion into emerging markets, particularly in Asia and Latin America, presents significant opportunities for growth. Companies are increasingly focusing on enhancing their platforms’ functionalities by integrating advanced technologies like AI and machine learning to improve tenant screening, property valuation, and risk management. Differentiation strategies, such as offering specialized services catering to specific demographics or property types, are also becoming increasingly crucial for success in this competitive market. The overall outlook remains positive, with substantial growth potential driven by technological advancements and evolving consumer preferences.
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Median monthly rental prices for the private rental market in England by bedroom category, region and administrative area, calculated using data from the Valuation Office Agency and Office for National Statistics.
Europe Vacation Rental Market Size 2025-2029
The Europe vacation rental market size is forecast to increase by USD 239.8 billion at a CAGR of 27.3% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing number of tourists seeking unique and affordable accommodations. This trend is further fueled by effective promotional strategies employed by rental providers, enabling them to reach a wider audience. This trend is further fueled by effective promotional strategies adopted by vacation rental platforms and property managers, making it easier for travelers to discover and book unique and affordable properties through the use of travel technologies.
Additionally, the integration of technology, such as smart homes and contactless check-ins, is becoming increasingly important to cater to the evolving needs of the modern traveler. However, inconsistency in providing quality vacation rental properties poses a challenge to market growth. To maintain competitiveness, rental providers must prioritize offering superior guest experiences and ensuring property standards are met. This market analysis report delves into these factors and more, providing insights to help stakeholders make informed decisions in the European vacation rental market.
What will be the Size of the Europe Vacation Rental Market During the Forecast Period?
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The market, a significant segment of the B2C enterprises within the tourism industry, has experienced strong growth in recent years. With increasing global tourism spending and consumer preferences shifting towards authentic experiences, vacation rentals have gained popularity over traditional lodging options like hotels. The market's expansion is driven by factors such as high internet penetration and device penetration, enabling seamless online booking and management. The millennial generation, known for their penchant for experiences over material possessions, contributes significantly to the market's growth. Families, including those with children and pets, also favor vacation rentals for their added space and convenience.
However, travel restrictions and economic factors can influence market dynamics. Luxury holidays represent a lucrative niche within the vacation rental market, catering to travelers seeking exclusivity and personalized experiences. The average price point for vacation rentals varies widely, depending on factors such as location, size, and amenities. Brand identity and apartment rental platforms have emerged as key differentiators, with some offering unique features and services to attract customers. Despite these trends, the vacation rental market remains subject to economic fluctuations and external factors, necessitating continuous market analysis using tools like linear regression to inform strategic decision-making.
How is this Europe Vacation Rental market segmented and which is the largest segment?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Mode Of Booking
Offline
Online
Management
Managed by owners
Professionally managed
End-user
Leisure
Business
Group
Geography
Europe
UK
France
Italy
Spain
By Mode Of Booking Insights
The offline segment is estimated to witness significant growth during the forecast period.
Offline booking is a traditional way of booking vacation rentals. Offline booking was very popular when internet penetration was not high. Word of mouth and repeat business were the most powerful triggers for offline bookings. In today's era, some people are still hesitant to book their accommodations online. The main cause for this is believed to be people's lack of faith in online reservations. Another reason people choose to book hotels offline is to ensure that they get the best rate. People usually think that by booking hotels offline, they will be able to negotiate with the staff or get extra discounts. However, this is not always the case, as most hotels do not offer discounts for booking offline. Numerous people also believe that booking hotels offline is easier than doing so online.
Further, offline booking held the largest market share in 2022, and the growth rate of the offline segment is decreasing continuously as offline booking is now fading away after the trend of online booking post-pandemic. The market share of the offline booking segment will continue to decline during the forecast period. Therefore, the offline segment in the vacation rental market in Europe is anticipated to grow moderately during the forecast period. The European vacation rental market is thriving, with tourism spending and apartment rental on the rise. Apartment rentals are increasingly
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Graph and download economic data for Consumer Price Index for All Urban Consumers: Rent of Primary Residence in U.S. City Average (CUUR0000SEHA) from Dec 1914 to Jun 2025 about primary, rent, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
In 2024, there were approximately **** million housing units occupied by renters in the United States. This number has been gradually increasing since 2010 as part of a long-term upward swing since 1975. Meanwhile, the number of unoccupied rental housing units has followed a downward trend, suggesting a growing demand and supply failing to catch up. Why are rental homes in such high demand? This high demand for rental homes is related to the shortage of affordable housing. Climbing the property ladder for renters is not always easy, as it requires prospective homebuyers to save up for a down payment and qualify for a mortgage. In many metros, the median household income is insufficient to qualify for the median-priced home. How many owner occupied homes are there in the U.S.? In 2023, there were over ** million owner occupied homes. Owner occupied housing is when the person who owns a property – either outright or through a mortgage – also resides in the property. Excluded are therefore rental properties, employer-provided housing and social housing.