Complete vacation rental software market is anticipated to grow at a considerable CAGR of 11.0% during the forecast period. The hospitality industry is undergoing a digital transformation, and the adoption of vacation rental software is increasing due to its ability to streamline operations and improve the overall guest experience. Another factor that is driving the market’s growth is the increasing number of tourists across the globe. For instance, according to the World Travel & Tourism Council, the travel and tourism sector generated 10.3% of global GDP in 2019, or about $9.6 trillion.
Segmental Outlook
The global complete vacation rental software market is segmented by deployment type and end-user. Based on deployment type, the market is sub-segmented into cloud-based and on-premises-based. Based on end-user, the market is sub-segmented into vacation rental agencies, property managers, innkeepers, and bed & breakfast. Among deployment types, cloud-based vacation rental software is more popular due to its accessibility, scalability, cost-effectiveness, and security advantages over traditional software.
The Vacation Rental Agencies Segment Holds a Prominent Share in the Global Complete Vacation Rental Software Market
Based on end-user, the market is sub-segmented into vacation rental agencies, property managers, innkeepers, and bed & breakfast. Among these, vacation rental agencies are the biggest users of vacation rental software because they typically manage a large number of rental properties and have a high volume of bookings to process. Vacation rental software help agencies streamline their operations by automating tasks such as property management, online booking, payment processing, and guest communication. Additionally, vacation rental software provide agencies with valuable data insights and reporting to help them make informed business decisions. As a result, vacation rental agencies save time, reduce errors, and improve their overall efficiency and profitability by using vacation rental software.
Regional Outlook
The global complete vacation rental software market is segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the rest of the world (the Middle East and Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among the regions, the European region is expected to generate the highest market share. Additionally, the Asia-Pacific market is predicted to grow significantly owing to the growth of tourism in the region. According to the United Nations World Tourism Organization’s 2019 World Tourism Barometer, Asia-Pacific had 343.0 million visitors in 2018, compared to 205.5 million in 2010.
Global Complete Vacation Rental Software Market Growth, by Region (2023-2030)
The European Region is Expected to Dominate the Global Complete Vacation Rental Software Market
The key driver of the region’s market growth is that it is the biggest travel and tourism destination for global travelers. According to the World Travel & Tourism Council’s 2022 report, travel and tourism contributed $1,450 billion to European GDP. Additionally, there is an increase in the number of people who are choosing vacation rentals over hotels to stay for longer periods of time. Hence, the rental market is growing. Software provider companies in Europe are also assisting the market’s growth, such as BookingSync, Avantio, Kigo, and Rentals United. These companies offer a range of solutions, from property management software to channel management and marketing tools, to help property managers and owners succeed in the vacation rental market. New companies are also expanding their services across Europe. For instance, in October 2022, Holidu, a vacation rental software business located in Munich, secured roughly $102 million in a Series E oversubscribed round headed by prior investor 83North. This includes $24.4 million in venture debt. The funds will be used to accelerate the expansion of Holidu and Bookiply, a Holidu subsidiary, across Germany and Europe.
Market Players Outlook
The major companies serving the global complete vacation rental software market include Aiosell Technologies Pvt. Ltd., eZee Absolute, Cabin Key, Avantio, PriceLabs, and others. These companies are considerably contributing to the market’s growth through the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, investments, and new feature launches to stay competitive in the market. For instance, in October 2022, Revolut, the global financial super app with over 20 million subscribers globally, announced 'Homes,' a new vacation home rental function with cashback, increasing its growing range of travel offerings. Homes is a part of Stays, Revolut's lodging booking service.
The Report Covers-
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight and Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Complete Vacation Rental Software Market by Deployment Type
4.1.1. Cloud-Based
4.1.2. On-premises-Based
4.2. Global Complete Vacation Rental Software Market by End-user
4.2.1. Vacation Rental Agencies
4.2.2. Property Managers
4.2.3. Innkeepers
4.2.4. Bed & Breakfast
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. 365Villas
6.2. Aiosell Technologies Pvt. Ltd.
6.3. Avantio
6.4. CabinKey
6.5. CiiRUS Inc.
6.6. eZee Absolute
6.7. Krtya Technologies Pvt. Ltd.
6.8. LiveRez
6.9. Lodgix.com
6.10. Operto Guest Technologies Inc.
6.11. PriceLabs
6.12. Rentals United AB
6.13. RueBaRue, Inc.
6.14. Servi Smart Solutions Ltd. (Duve)
6.15. Stays Brasil Tecnologia e Informática SA
6.16. Your.Rentals
1. GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2022-2030 ($ MILLION)
2. GLOBAL CLOUD-BASED COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL ON-PREMISES-BASED COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
5. GLOBAL COMPLETE VACATION RENTAL SOFTWARE FOR PROPERTY MANAGERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL COMPLETE VACATION RENTAL SOFTWARE FOR INNKEEPERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL COMPLETE VACATION RENTAL SOFTWARE FOR BED & BREAKFAST MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. NORTH AMERICAN COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
10. NORTH AMERICAN COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2022-2030 ($ MILLION)
11. NORTH AMERICAN COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
12. EUROPEAN COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
13. EUROPEAN COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2022-2030 ($ MILLION)
14. EUROPEAN COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
15. ASIA-PACIFIC COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
16. ASIA-PACIFIC COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2022-2030 ($ MILLION)
17. ASIA-PACIFIC COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
18. REST OF THE WORLD COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
19. REST OF THE WORLD COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT TYPE, 2022-2030 ($ MILLION)
20. REST OF THE WORLD COMPLETE VACATION RENTAL SOFTWARE MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SHARE BY DEPLOYMENT TYPE, 2022 VS 2030 (%)
1. GLOBAL CLOUD-BASED COMPLETE VACATION RENTAL SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
2. GLOBAL ON-PREMISES-BASED COMPLETE VACATION RENTAL SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SHARE BY END-USER, 2022 VS 2030 (%)
4. GLOBAL COMPLETE VACATION RENTAL SOFTWARE FOR VACATION RENTAL AGENCIES MARKET SHARE BY REGION, 2022 VS 2030 (%)
5. GLOBAL COMPLETE VACATION RENTAL SOFTWARE FOR PROPERTY MANAGERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL COMPLETE VACATION RENTAL SOFTWARE FOR INNKEEPERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL COMPLETE VACATION RENTAL SOFTWARE FOR BED & BREAKFAST MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. US GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
10. CANADA GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
11. UK GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
12. FRANCE GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
13. GERMANY GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
14. ITALY GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
15. SPAIN GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
16. REST OF EUROPE GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
17. INDIA GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
18. CHINA GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
19. JAPAN GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
20. SOUTH KOREA GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF ASIA-PACIFIC GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)
22. REST OF THE WORLD GLOBAL COMPLETE VACATION RENTAL SOFTWARE MARKET SIZE, 2021-2028 ($ MILLION)