Zillow reigns supreme in the U.S. real estate website landscape, attracting a staggering ***** million monthly visits in 2024. This figure dwarfs its closest competitor, Realtor.com, which garnered less than half of Zillow's traffic. Online platforms are extremely popular, with the majority of homebuyers using a mobile device during the buying process. The rise of Zillow Founded in 2006, the Seattle-headquartered proptech Zillow has steadily grown over the years, establishing itself as the most popular U.S. real estate website. In 2023, the listing platform recorded about *** million unique monthly users across its mobile applications and website. Despite holding an undisputed position as a market leader, Zillow's revenue has decreased since 2021. A probable cause for the decline is the plummeting of housing transactions and the negative housing sentiment. Performance and trends in the proptech market The proptech market has shown remarkable performance, with companies like Opendoor and Redfin experiencing significant stock price increase in 2023. This growth is particularly notable in the residential brokerage segment. Meanwhile, major players in proptech fundraising, such as Fifth Wall and Hidden Hill Capital, have raised billions in direct investment, further fueling the sector's development. As technology continues to reshape the real estate industry, online platforms like Zillow are likely to play an increasingly crucial role in how people search for and purchase homes. (1477916, 1251604)

Zillow.com was the most-visited real estate website worldwide in 2024, with an average of ************* visits per month during the measured period. Leboncoin.fr ranked second, with ***** million monthly visits, while Carigslist.org ranked third, with ***** million average accesses.

Olx.pl - budownictwo i nieruchomości was the leading construction and property website in Poland, with a total of **** million users in July 2020. Next was Otodom.pl and Muratordom.pl, with respectively **** million and **** million users.

The Property Group is a leading real estate organization that provides expert guidance throughout the home buying and selling process. With a strong presence in Little Rock, Arkansas, the company has established itself as a trusted partner for individuals and families seeking to buy, sell, or rent properties. The Property Group's expert agents are well-versed in local market trends, ensuring that clients receive tailored solutions to their unique needs.

Through their user-friendly website, The Property Group offers a range of resources and tools for homebuyers, including exclusive property listings, neighborhood information, and real-time market reports. Whether buying or selling a home, clients can rely on the company's dedicated professionals to navigate the complex process with ease. With a focus on transparency, efficiency, and personalized attention, The Property Group has earned a reputation as a top choice for those seeking a seamless and stress-free real estate experience.

Dataset Overview

This dataset provides a detailed snapshot of real estate properties listed in Dubai, UAE, as of August 2024. The dataset includes over 5,000 listings scraped using the Apify API from Propertyfinder and various other real estate websites in the UAE. The data includes key details such as the number of bedrooms and bathrooms, price, location, size, and whether the listing is verified. All personal identifiers, such as agent names and contact details, have been ethically removed.

Data Science Applications

Given the size and structure of this dataset, it is ideal for the following data science applications:

• Price Prediction Models: Predicting the price of properties based on features like location, size, and furnishing status.
• Market Analysis: Understanding trends in the Dubai real estate market by analyzing price distributions, property types, and locations.
• Recommendation Systems: Developing systems to recommend properties based on user preferences (e.g., number of bedrooms, budget).
• Sentiment Analysis: Extracting and analyzing sentiments from the property descriptions to gauge the market's tone.

This dataset provides a practical foundation for both beginners and experts in data science, allowing for the exploration of real estate trends, development of predictive models, and implementation of machine learning algorithms.

# Column Descriptors

• title: The listing's title, summarizing the key selling points of the property.
• displayAddress: The public address of the property, including the community and city.
• bathrooms: The number of bathrooms available in the property.
• bedrooms: The number of bedrooms available in the property.
• addedOn: The timestamp indicating when the property was added to the listing platform.
• type: Specifies whether the property is residential, commercial, etc.
• price: The listed price of the property in AED.
• verified: A boolean value indicating whether the listing has been verified by the platform.
• priceDuration: Indicates if the property is listed for sale or rent.
• sizeMin: The minimum size of the property in square feet.
• furnishing: Describes whether the property is furnished, unfurnished, or partially furnished.
• description: A more detailed narrative about the property, including additional features and selling points.

# Ethically Mined Data

This dataset was ethically scraped using the Apify API, ensuring compliance with data privacy standards. All personal data such as agent names, phone numbers, and any other sensitive information have been omitted from this dataset to ensure privacy and ethical use. The data is intended solely for educational purposes and should not be used for commercial activities.

# Acknowledgements

This dataset was made possible thanks to the following:

• Apify: For providing the API to ethically scrape the data.
• Propertyfinder and various other real estate websites in the UAE for the original listings.
• Kaggle: For providing the platform to share and analyze this dataset.

-**Photo by** : Francesca Tosolini on Unsplash

Use the Data Responsibly

Please ensure that this dataset is used responsibly, with respect to privacy and data ethics. This data is provided for educational purposes.

The US property management industry, a significant segment of the broader real estate market, is experiencing steady growth, driven by several key factors. The increasing urbanization and population growth, particularly in major metropolitan areas, fuels the demand for rental properties and professional property management services. The rise of institutional investors in the multifamily sector further contributes to this demand, as these investors often outsource management to specialized firms. Technological advancements, such as property management software and online tenant portals, are streamlining operations and improving efficiency, leading to increased market penetration and attracting new players. Furthermore, the evolving preferences of renters, who increasingly value convenience and amenities, necessitate sophisticated property management solutions, fostering industry expansion. The commercial sector also contributes significantly, with businesses relying on professional managers for office buildings, retail spaces, and industrial properties. While the industry faces challenges, such as fluctuating interest rates impacting investment decisions and potential labor shortages within the property management sector, the long-term outlook remains positive. The diverse service offerings within the industry—from marketing and property evaluation to tenant services and maintenance—provide resilience against economic downturns. The fragmentation of the market presents opportunities for both established players and new entrants, with mergers and acquisitions potentially reshaping the competitive landscape in the coming years. The increasing focus on sustainable and environmentally friendly practices also presents a growth avenue, as property managers adapt their strategies to meet evolving tenant expectations and regulatory requirements. Considering the provided global market size of $81.52 billion (assuming “Million” is a typo and should be “Billion”) and a CAGR of 3.94%, a reasonable estimate for the US market share, given its prominence in the global real estate market, would place it in the range of $40-50 billion in 2025. This estimate is further supported by the presence of large US-based property management companies listed in the provided data. Recent developments include: February 2024: Wood Partners, the 4th-largest real estate developer in the United States, sold its property management business for its 38,000+ units in 17 states to Greystar (Charleston, South Carolina), the country's largest apartment management company., November 2023: RealPage Inc. acquired On-site Managers Inc. for approximately USD 250 million in cash. On-Site is an on-demand leasing platform for multifamily property management and renters that integrates leads from all sources and converts them to signed leases for the multifamily industry and the single-family housing industry. RealPage will continue to support the on-site platform and plans to integrate the best of its on-site platforms in the future. Clients on both platforms will continue to benefit from future improvements without disruption.. Key drivers for this market are: Increasing Demand from the Commercial Segment is Driving the Market, Increasing Disposable Income of Consumers is Driving the market. Potential restraints include: Increasing Demand from the Commercial Segment is Driving the Market, Increasing Disposable Income of Consumers is Driving the market. Notable trends are: Demand from the Residential Sector is Supporting the Market.

In 2018, the biggest number of real estate properties was advertised through the ingatlan.com website in Hungary. The second biggest online real estate marketplace was Jófogás ingatlan, with *** thousand listed properties.

Nixon Peabody is a premier law firm dedicated to providing top-tier legal services to a diverse range of clients across various industries. With a strong presence in the market, their website offers a wealth of information on business and corporate law, litigation, labor and employment, intellectual property, and more.

As a leading law firm, Nixon Peabody's website offers valuable insights into their work and expertise, making it an excellent resource for those seeking to understand more about the legal services they provide. Key topics they cover on their website include mergers and acquisitions, financial services, health and life sciences, technology, and renewable energy. By visiting Nixon Peabody's website, you can gain a deeper understanding of their experience, capabilities, and thought leadership in the legal industry.

Property Management Market size was valued at 17.34 USD Billion in 2023 and is projected to reach 32.05 USD Billion by 2031, growing at a CAGR of 8.80% from 2024 to 2031.

Key Market Drivers: • Urbanization and Population Growth: As cities throughout the world continue to grow in population, the demand for residential and commercial housing rises dramatically. This increase in real estate demand generates a favorable climate for property management services. Property owners, particularly those with geographically distributed properties, rely on property managers to tackle the challenges of managing their investments in high-demand, fast-paced urban locations.

• Growing Real Estate Investment: Real estate remains appealing to both individual and institutional investors. This increased investment in real estate, particularly rental residences and commercial spaces, drives up demand for property management services. Owners seeking a consistent return on investment frequently lack the time or experience to maintain their properties themselves, making professional property management an attractive option.

• Rising Popularity of Absentee Ownership: Absentee ownership is becoming increasingly popular, with property owners living far away from their investment homes. This could be due to relocation, inheritance, or portfolio diversification. Property management businesses play an important role for these absentee owners, ensuring that their properties are well-maintained, tenanted, and earning money despite the owner's physical distance.

• Increasing Legal and Regulatory Complexity: The legal landscape for property ownership and administration is continually changing. Regulations governing tenant rights, fair housing, safety standards, and environmental considerations can be complex and ever-changing. Property management businesses stay on top of these legislative updates and guarantee that properties conform, reducing risks and potential liabilities for owners who may struggle to handle these complexities on their own.

• Technological Transformation: The property management sector is undergoing a digital revolution. Cloud-based software simplifies duties, automates processes, and improves communication among property owners, managers, and tenants. This technological advancement enables property management businesses to provide a more complete and cost-effective service, making them a more appealing option for owners looking for modern and efficient solutions.

• Demand for Improved Resident Services: Today's residents want a convenient and responsive living experience. Property management businesses are meeting this demand by providing resident portals for online rent payments, maintenance requests, and communication. This not only increases tenant happiness but also makes operations easier for property managers.

• Focus on sustainability and energy efficiency: As environmental concerns grow, property owners and tenants are seeking more sustainable and energy-efficient structures. Property management businesses are well-positioned to meet this expanding need. Their maintenance and operations experience can improve building efficiency, resulting in lower energy consumption and a more environmentally friendly portfolio that can attract tenants and save money for owners.

Commercial valuation data collected and maintained by the Cook County Assessor's Office, from 2021 to present. The office uses this data primarily for valuation and reporting. This dataset consolidates the individual Excel workbooks available on the Assessor's website into a single shared format. Properties are valued using similar valuation methods within each model group, per township, per year (in the year the township is reassessed). This dataset has been cleaned minimally, only enough to fit the source Excel workbooks together - because models are updated for each township in the year it is reassessed, users should expect inconsistencies within columns across time and townships. When working with Parcel Index Numbers (PINs) make sure to zero-pad them to 14 digits. Some datasets may lose leading zeros for PINs when downloaded. This data is property-level. Each 14-digit key PIN represents one commercial property. Commercial properties can and often do encompass multiple PINs. Additional notes: Current property class codes, their levels of assessment, and descriptions can be found on the Assessor's website. Note that class codes details can change across time. Data will be updated yearly, once the Assessor has finished mailing first pass values. If users need more up-to-date information they can access it through the Assessor's website. The Assessor's Office reassesses roughly one third of the county (a triad) each year. For commercial valuations, this means each year of data only contain the triad that was reassessed that year. Which triads and their constituent townships have been reassessed recently as well the year of their reassessment can be found in the Assessor's assessment calendar. One KeyPIN is one Commercial Entity. Each KeyPIN (entity) can be comprised of one single PIN (parcel), or multiple PINs as designated in the pins column. Additionally, each KeyPIN might have multiple rows if it is associated with different class codes or model groups. This can occur because many of Cook County's parcels have multiple class codes associated with them if they have multiple uses (such as residential and commercial). Users should not expect this data to be unique by any combination of available columns. Commercial properties are calculated by first determining a property’s use (office, retail, apartments, industrial, etc.), then the property is grouped with similar or like-kind property types. Next, income generated by the property such as rent or incidental income streams like parking or advertising signage is examined. Next, market-level vacancy based on location and property type is examined. In addition, new construction that has not yet been leased is also considered. Finally, expenses such as property taxes, insurance, repair and maintenance costs, property management fees, and service expenditures for professional services are examined. Once a snapshot of a property’s income statement is captured based on market data, a standard valuation metric called a “capitalization rate” to convert income to value is applied. This data was used to produce initial valuations mailed to property owners. It does not incorporate any subsequent changes to a property’s class, characteristics, valuation, or assessed value from appeals.Township codes can be found in the legend of this map. For more information on the sourcing of attached data and the preparation of this datase

Online Property Management Software Market Outlook

The global online property management software market size is projected to reach USD 3.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.8% from 2023, where it stood at USD 1.8 billion. This robust growth can be attributed to the increasing digitization of the real estate sector, driven by the need for efficient property management solutions that streamline operations, reduce costs, and enhance tenant satisfaction. The integration of advanced technologies such as artificial intelligence, machine learning, and cloud computing into property management software is further enhancing its capabilities, making it an indispensable tool for property managers and real estate professionals.

The growth of the online property management software market is being fueled by the rising adoption of digital solutions in the real estate industry. As property portfolios grow in scale and complexity, traditional methods of management become increasingly inefficient and error-prone. Online property management software offers a centralized platform that simplifies property management processes such as lease tracking, maintenance scheduling, and financial reporting. Moreover, the software's ability to integrate with other digital systems enhances data accuracy and operational efficiency, allowing property managers to make informed decisions quickly. This shift toward digital transformation in real estate is a significant growth driver for the market.

Another significant factor contributing to market growth is the increasing demand for personalized tenant experiences. As the real estate market becomes more competitive, property managers are seeking ways to differentiate their offerings and enhance tenant satisfaction. Online property management software provides features such as tenant portals, automated communication, and online payment systems, which improve tenant engagement and streamline interactions. By offering a seamless tenant experience, property managers can foster long-term relationships and reduce vacancy rates, thereby boosting property revenue. This focus on tenant-centric services is a key trend propelling the adoption of property management software.

Additionally, the rising number of residential and commercial properties globally is creating a substantial demand for efficient property management solutions. As urbanization accelerates and population densities increase in cities, the pressure on property management systems intensifies. Online property management software provides scalable solutions that can handle large portfolios, ensuring that properties are managed efficiently despite their size or number. The software's ability to automate mundane tasks allows property managers to focus on strategic activities that drive growth and profitability. The scalability and efficiency of these solutions are crucial factors supporting market expansion.

Permit Management Software is becoming an essential component for property managers, especially in the context of increasing regulatory requirements and the need for compliance. This software aids in managing permits efficiently, ensuring that all necessary documentation is in place and up to date. By automating the permit management process, property managers can reduce the risk of non-compliance and avoid potential fines or legal issues. Additionally, Permit Management Software integrates seamlessly with other property management tools, providing a comprehensive solution that enhances overall operational efficiency. As the real estate industry continues to evolve, the demand for such specialized software solutions is expected to grow, further driving the market for property management technologies.

From a regional perspective, North America is leading the market with the highest adoption rate of online property management software, driven by the presence of advanced technological infrastructure and high internet penetration. Meanwhile, the Asia Pacific region is expected to witness the fastest growth over the forecast period, attributable to rapid urbanization, a burgeoning middle-class population, and increasing investments in real estate infrastructure. These regions are key players in the global market, with diverse market dynamics and opportunities influencing their respective growth trajectories.

Component Analysis

The online property management software market can be segmented into two broad components: softwar

The real estate assessment market is experiencing robust growth, driven by increasing construction activity, stringent regulatory compliance requirements, and a rising demand for risk mitigation strategies across the property lifecycle. The market, valued at approximately $15 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 7% from 2025 to 2033. This expansion is fueled by several key factors. The burgeoning global real estate sector necessitates comprehensive assessments to inform investment decisions, manage risks, and ensure regulatory compliance. Growth is particularly strong in North America and Asia-Pacific regions, driven by robust economic activity and expanding infrastructure development. Furthermore, the increasing adoption of advanced technologies, such as AI-powered analytics and drone-based surveys, is streamlining assessment processes and enhancing accuracy, thus contributing to market growth. Property Condition Assessments (PCAs) and Environmental Site Assessments (ESAs) are currently the largest segments, reflecting a strong focus on due diligence and risk management. However, growing awareness of seismic risks and stricter zoning regulations are driving demand for related specialized services, presenting significant growth opportunities. The competitive landscape is characterized by a mix of large multinational firms and regional players. Major players like WSP Global, Kimley-Horn, and others are leveraging their expertise and global reach to capture market share. However, smaller, specialized firms are also thriving by catering to niche needs and providing localized services. The market is expected to witness increased consolidation in the coming years, driven by strategic mergers and acquisitions. While macroeconomic factors such as economic downturns could pose challenges, the long-term outlook remains positive, driven by the fundamental need for robust real estate assessments throughout the property lifecycle. The increasing use of data analytics and technology will further shape the market, leading to more efficient and cost-effective assessment services.

In March 2025, the Walt Disney Company properties were ranked first among the most popular multiplatform web properties in the United States with over 249 million visitors from mobile and desktop connections – popular Disney online properties include Disney Entertainment, which consists of the company's film, television, music, and streaming media assets, and ESPN, among other online services.

Our foreclosure data offering provides an extensive suite of real-time real estate data, available through both API integration and bulk data delivery. This rich dataset is designed to meet the needs of a variety of users, from real estate investors to foreclosure prevention services and market analysts. With over 31 data points available, this dataset covers multiple aspects of foreclosure processes, including auction details, loan information, foreclosure status, and trustee data. Below is a detailed description of the data points and their potential use cases.

Data Points Overview for Foreclosure Data:

1. Auction Data (9+ Data Points) Auction Location, Auction Time, Case Number, Bid Parameters

2. Loans/Lender Data (9+ Data Points) Lender Name, Original Loan Details, Unpaid Balances, Pre-Foreclosure Flags, Related Documents

3. Foreclosure Status Data (7+ Data Points) Recording Date, Release Date, Status Indicators and Codes

4. Trustee Data (6+ Data Points) Trustee Name, Trustee Address, Trustee Phone Number, Sale Number

Top Use Cases

1. Surface Investment Opportunities Websites and Applications: Integrate our foreclosure data into real estate platforms to provide users with up-to-date information on potential investment properties. This can enhance search functionality and deliver greater value by identifying promising foreclosure opportunities.

2. Foreclosure Prevention Services Sales and Marketing: Leverage foreclosure data to target homeowners in distress with tailored marketing efforts. By identifying properties in pre-foreclosure status, you can focus your outreach to offer services designed to prevent foreclosure, such as financial counseling or loan modification programs.

3. Market Analysis and Predictive Analytics Data-Driven Insights: Utilize the comprehensive dataset to perform in-depth market analysis and develop predictive models. This can help forecast foreclosure trends, assess market conditions, and make informed decisions based on historical and current foreclosure activity.

Access and Delivery

Our foreclosure data is accessible through two primary methods: - API Integration: Seamlessly integrate the data into your applications or platforms with our robust API, offering real-time access and automated updates. - Bulk Data Delivery: Obtain large datasets for offline analysis or integration into internal systems through bulk delivery options, providing flexibility in how you utilize the information.

This comprehensive data listing is designed to empower users with detailed and actionable foreclosure data, facilitating a range of applications from investment analysis to foreclosure prevention and market forecasting.

ProspectNow is the leading real estate data platform for brokers and agents.

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Data used in the study was obtained from Property24 August 2021 to January 2022. Property24 is a property portal where property listings for sale and to rent from leading real estate agents are advertised. Property24 helps sellers, home buyers, and renters find apartments, houses, townhouses, vacant land, and farms across South Africa. Residential properties from two leading metros in the Eastern Cape Province, Buffalo City Municipality and Nelson Mandela Bay were considered. The data obtained was limited to the data displayed on each property by Property24 that evaluations obtained
The study adopted a parametric and non-parametric techniques to estimate the effects of hedonic housing characteristics on willingness to pay and willingness to accept. Hedonic regression model used multiple ordinary least squares regression to examine how each hedonic characteristic adds to the residential properties' entire worth. Ordinary least squares regression has been widely used in estimating house prices over the decades and it is well document in literature (McCord et al., 2018; My-Linh, 2020; Olamide & Adepoju, 2013; Owusu-Ansah, 2013). The study further adopted the Multilayer perceptron of the Artificial Neural Network which is a predictive model that is made up of multiple techniques that measure each self-contained component independently despite its linearity (Papadopoulos et al., 2021). The Artificial Neural Network has gained momentum recently due to its ability to ability to predict house prices (Ghorbani & Afgheh, 2017; Limsombunchai, 2004; Moreno et al., 2011). These techniques were used to estimate the effect of property attributes in influencing the willingness to accept and the willingness to pay in the Eastern Cape province of South Africa. Model specification and estimation techniques When building hedonic models, underlying assumptions of linearity, homoscedasticity, independence, normality, and correct model specification should be met. To meet these assumptions, the correct function form and the number of explanatory variables matters. The number of explanatory variables included in the model were determined after several pseudo model evaluations (Sirmans & Macpherson, 2003).

CoStar Group was the real estate media portal with the highest equity value in the United States as of the second quarter of 2022. At almost 24 billion U.S. dollars, the equity value of CoStar Group was more than double the equity value of the second company in the ranking - REA Group Limited. Founded in 1987, CoStar Group is a provider of online marketplaces, information and analytics in the area of commercial and residential real estate. Some of CoStar's brands are LoopNet, Apartments.com, Ten-X, and Homes.com.

In March 2024, YouTube.com was the leading video streaming website worldwide. During the measured period, the video platform accounted for over 73.51 percent of desktop traffic in the arts & entertainment - TV, movies, and streaming subcategories. Netflix was ranked second with a 4.48 percent market share.

The online apartment rental services industry is experiencing significant growth because of the booming apartment supply, with over half a million new rental units completed in 2024. Major cities like New York, Dallas and Austin are leading the way in this surge, causing an influx of new, predominantly high-end rental units. As a result, there is increased competition among property managers and a need for more effective digital marketing strategies to reach potential renters. This accelerated growth is predominantly benefiting online rental services, which have seen a climb in listings that, in turn, drive more traffic as renters seek opportunities and deals in markets with slowing rent growth. Overall, industry-wide revenue has climbed at a CAGR of 7.7% to $928.1 million through the end of 2025, including an 8.6% gain in 2025 alone, when profit is expected to reach 23.8%. Leading organizations, such as Zillow and Redfin, are taking advantage of this trend by forming partnerships to expand their listing networks and reach. The consolidation of these digital platforms means renters can access a broader range of apartment listings, streamlining their search process and increasing market transparency. Meanwhile, property marketers are presented with simplified operations and increased marketing leads because of enhanced exposure across major rental platforms. However, smaller markets and affordable housing are not receiving the same benefits, signaling a need for more targeted digital marketing and search tools. The online apartment rental services industry is set to face a shift from oversupply to scarcity by the end of 2030. As apartment construction slows because of high borrowing costs, tighter lending standards and rising project costs, there will be a greater demand for platforms that can help landlords maximize occupancy and optimize rents in a tightening market. To meet this demand, innovations in technology, such as predictive analytics, dynamic pricing and personalized renter experiences, will become a necessity. Amid these changes, the industry is also likely to see a gain in demand for single-family rentals, creating new opportunities for digital platforms to expand their offerings and capture a larger market share. Industry revenue will strengthen at a CAGR of 9.0% to $1.4 billion in 2030.

Snapshot img

Vacation Rental Market Size 2025-2029

The vacation rental market size is estimated to increase by USD 22 billion, growing at a CAGR of 4.1% between 2024 and 2029. The industry's expansion and the rising popularity of short-term vacation rentals are driving substantial market growth. The vacation rental market is experiencing significant growth, driven by the expanding tourism industry and the increasing preference for short-term stays in vacation rental properties. This trend is further fueled by the convenience of instant booking features, which allow travelers to secure their accommodations with ease. However, the market also faces challenges, including the risks associated with fraudulent vacation rental listings. These risks can lead to financial losses and safety concerns for travelers, making it crucial for market participants to prioritize security measures and transparency. Overall, the vacation rental market is poised for continued growth, with opportunities for innovation and improvement in areas such as customer experience, safety, and technology integration. The market's future looks promising, with opportunities for innovation in cultural tourism and enhancements in areas like customer experience, safety, and technology integration.

What will be the size of Market during the Forecast Period?

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Market Segmentation

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.

Management

  Managed by owners
  Professionally managed


Method

  Offline
  Online


Type

  Home
  Apartments
  Resort/Condominium
  Others


Geography

  Europe

    UK
    France
    Italy


  North America

    Canada
    US


  APAC

    China
    India
    Japan


  Middle East and Africa

    South Africa


  South America

    Brazil

Which is the largest segment driving market growth?

The managed by owners segment is estimated to witness significant growth during the forecast period. Vacation rentals have emerged as a significant segment in the tourism industry, with B2C enterprises facilitating bookings through various sales channels. According to industry associations and third-party studies, vacation rentals account for a substantial portion of consumer spending on accommodation and features such as spas, with tourism spending projected to increase due to rising internet and device penetration. Forecasting techniques, such as time series forecasts and stationarity of data analysis, are used to estimate short-term trends in the vacation rental market.

Get a glance at the market share of various regions. Download the PDF Sample

The managed by owners segment accounted for USD 48.5 billion in 2019 and showed a gradual increase during the forecast period. These estimates consider factors like rental homes in the accommodation segment, resorts segment, and booking modes, including offline and online. Market players invest in acquisitions and mergers to expand their offerings, with trends favoring short-term rentals and eco-friendly vacation rentals. Statistical offices and trade associations provide price indices to help owners set rental rates based on local market conditions, ensuring flexibility and competitiveness. Consumer preferences for privacy, space, and flexibility continue to drive demand for vacation rentals in the travel industry.

The vacation rental market has grown significantly with the rise of short-term rentals and vacation homes, supported by online booking platforms and property management solutions. Luxury vacation rentals cater to high-end travelers seeking unique travel experiences. HomeAway and Airbnb alternatives have expanded options for tourists, while local tourism benefits from the convenience of digital travel solutions. These trends are shaping the future of the vacation rental market, driving growth and innovation.

Which region is leading the market?

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Europe is estimated to contribute 32% to the growth of the global market during the market forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The European vacation rental market is experiencing significant growth due to the rising travel trend and the preference for unique experiences over traditional accommodations. Travelers seek more personalized and cost-effective options, leading to the increasing popularity of vacation rentals such as hostels and camping sites. Ancient ruins and historical sites add to Europe's allure, making vacation rentals an attractive choice for tourists. However, the availability of properties and restrictions on ren