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(I-TravelNewswire.Com, May 25, 2018 ) A vacation rental is an alternate lodging option for short-term rental of myriad properties such as farm stays, apartments, cabins, private homes, villas, cottages, beach houses, or chalets to travelers and tourists. These dwelling units are offered on a monthly, weekly, and nightly basis although the dominant practice in the market is renting it out weekly.
Publisher's analysts forecast the vacation rental market in Europe to grow at a CAGR of 8.14% during the period 2018-2022.
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In the European Union (EU), tourism is the third largest socio-economic activity as it contributes significantly to the gross national product and employment. France, Spain, Italy, the UK, and Germany are the primarily preferred tourist destinations in Europe. The increasing number of tourists in Europe to be one of the primary growth factors for the vacation rental market in Europe. The number of international tourists is increasing year-by-year. Consequently, the increasing number of tourists is raising the demand for vacation rental properties such as apartments, farm stays, private homes, cabins, beach houses, villas, and cottages.
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-Increase in number of tourists in Europe
-Inconsistency in providing quality vacation rental properties
-Increase in merger and acquisition of various companies
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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