Global Vacation Rental Property Management System Market by Type (Online, SaaS, Web-based, On-premise, Mobile, Installed), By Application (SMEs, Large Businesses) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global vacation rental property management system market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for online and web-based vacation rental property management systems, owing to their ease of use and low cost. In addition, the growing popularity of mobile apps for vacation rental property management is also contributing to the market growth. However, lack of standardization in terms of features offered by different vendors is restraining the growth of this market. North America dominates the global vacation rental property management system market, followed by Europe and Asia Pacific.



Get Free Sample Report

Product Definition:

A Vacation Rental Property Management System is a software application used by vacation rental property managers to manage their operations. It typically includes features for booking reservations, tracking guests, managing payments and invoicing, and generating reports.

The importance of Vacation Rental Property Management Systems can vary depending on the size and complexity of the business. In general, they can help businesses save time and money by automating tasks such as bookings and payments, as well as improving communication between staff members.

Online, SaaS, Web-based:

Online, SaaS, and web-based are the major terms used in vacation rental property management system market. Online is the most prominent term used in this industry as it includes all types of internet services such as e-mail, online shopping, social networking sites like Facebook & Twitter etc. that enable users to book or reserve properties remotely.

On-premise, Mobile, Installed:

On-premise, mobile and installed are the different types of software used in vacation rental property management system. On-premise software is used to manage all operations related to real estate including booking, sales and maintenance. It also has the facility of integrating with other systems such as accounting and finance which helps in managing bookings, inventory along with tracking expenses for tax purposes. The mobile application is widely preferred among consumers due to its convenience over internet based applications available for rentals management.

Application Insights:

The small and medium-sized businesses (SMEs) application segment accounted for the largest revenue share of over 70% in 2017. The growth can be attributed to the increasing number of SMEs opting for vacation rental property management solutions as they find it affordable and convenient. Vacation rentals have become an integral part of the SME business model as they offer an ideal alternative to hotel stays that provide more flexibility at lower costs.

Vacation rental properties owned by large businesses are likely to generate higher revenues than those managed by small or medium-sized enterprises, thus making them a better investment option compared with hotels, which are usually costly investments for big companies or groups traveling on a corporate level. This is expected to drive demand from large enterprises during the forecast period. Furthermore, growing concerns regarding brand image among major companies driving down profitability rates in their main offices is expected to increase demand from multinational corporations operating across various industries worldwide over the next few years.

Regional Analysis:

North America dominated the global market in 2017. The growth of the region can be attributed to a rise in consumer awareness regarding online travel and tourism, along with an increase in spending on leisure activities. Furthermore, rising demand for corporate travel and high internet penetration are expected to drive regional market growth over the forecast period.

Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing disposable income levels among consumers, coupled with growing business process outsourcing (BPO) hubs such as India and China. In addition, rapid urbanization across emerging economies is likely to contribute significantly toward increased accommodation options for travelers seeking affordable vacation rentals close to popular tourist destinations such as beaches or theme parks; thereby driving regional market development opportunities for vendors operating within this space.

Growth Factors:

Increasing demand for vacation rental properties from tourists: The global tourism industry is growing at a rapid pace and is expected to reach .8 trillion by 2020. This is driving the demand for vacation rental properties, which are becoming increasingly popular among tourists due to their affordability and flexibility.
Proliferation of online booking platforms: Online booking platforms have made it easier for people to find and book vacation rental properties worldwide. This has helped fuel the growth of the Vacation Rental Property Management System market as more people are now able to find and book these properties with ease.
Rise in number of solo travelers: There has been a significant rise in the number of solo travelers in recent years, especially among millennials who prefer traveling independently instead of joining group tours or packages offered by travel agencies. Solo travelers typically prefer renting vacation homes over staying in hotels, thus providing a major opportunity for players operating in the Vacation Rental Property Management System market .


Get Free Sample Report
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacation Rental Property Management System Market Research Report
By Type
Online, SaaS, Web-based, On-premise, Mobile, Installed
By Application
SMEs, Large Businesses
By Companies
Hostfully, Hostaway, Rentals United, Guesty, Streamline, MyVR, Avantio, iGMS, Smoobu, Bookfull, Lodgable, Futurestay, Lodgify, Bookerator, Tokeet, Kigo, BookingSync, CiiRUS, 365Villas
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.

Global Vacation Rental Property Management System Market Report Segments:
The global Vacation Rental Property Management System market is segmented on the basis of:
Types
Online, SaaS, Web-based, On-premise, Mobile, Installed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SMEs, Large Businesses
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Hostfully
Hostaway
Rentals United
Guesty
Streamline
MyVR
Avantio
iGMS
Smoobu
Bookfull
Lodgable
Futurestay
Lodgify
Bookerator
Tokeet
Kigo
BookingSync
CiiRUS
365Villas



Get Free Sample Report

Highlights of The Vacation Rental Property Management System Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Online, SaaS, Web-based
On-premise, Mobile, Installed
By Application:
SMEs
Large Businesses
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Vacation Rental Property Management System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

Frequently Asked Questions?