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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.
Key vendors -9flats -Airbnb -Expedia -FlipKey
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Market driver -Increase in number of tourists in Europe
Market challenge -Inconsistency in providing quality vacation rental properties
Market trend -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
Get more information @ http://www.reportsweb.com/vacation-rental-market-in-europe-2018-2022
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Rajat Sahni
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Source: EmailWire.Com
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