The global complete vacation rental software market is anticipated to grow at a considerable CAGR of11.0% during the forecast period. The increasing popularity of vacation rentals over traditional hotels is driving the market’s demand. There are several new vacation rental businesses that are expanding their reach, and new companies are offering such services. For instance, in March 2022, Mandarin collaborated with luxury home rental platform StayOne on its new Mandarin Oriental Exclusive Homes division, which is the company’s new vacation rental division. Additionally, in October 2022, Wander launched Atlas, a vacation home rental real estate investment trust (REIT) in the sector. Atlas allows Wander's clients to own a portion of the network of houses, transforming them into fractional property owners. Wander use Atlas to grow its network of smart vacation homes from coast to coast, allowing it to expand its consumer base.
Browse the full report description of “Complete Vacation Rental Software Market Size, Share, and Trends Analysis Report by Deployment Type (Cloud-Based and On-Premises-Based), and by End-User (Vacation Rental Agencies, Property Managers, Innkeepers, and Bed & Breakfast), Forecast Period (2023–2030)” at https://www.omrglobal.com/industry-reports/complete-vacation-rental-software-market
Due to such establishments, the demand for software solutions that can help property managers and owners streamline their operations is growing. Vacation rental software can automate many aspects of property management, such as online booking and payment processing, making it easier and more efficient for property managers to run their businesses. This increased efficiency and convenience can also improve the guest experience, leading to higher occupancy rates and higher revenue for property owners. Hence, the real estate owners understand the significance of complete vacation rental software.
To meet the rising demand, the vacation rental software companies are also investing and increasing their market reach. For instance, in November 2022, Lodgify, which helps hosts and small to medium-sized property managers manage and expand their vacation rental companies, raised $30 million in Series B investment. Octopus Ventures led the investment round, which included Bonsai Partners, Aldea Ventures, and ICF (InstitutCatalà de Finances), as well as previous investors Intermedia Vermögensverwaltung and Nauta Capital. The funds will be used by Lodgify to speed worldwide expansion, improve product growth, and expand customer support.
Market Coverage
• The Market Number Available for – 2022-2030
o Base year- 2022
o Forecast period- 2023-2030
• Segment Covered-
o By Deployment Type
o By End-User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape-Duffy Electric Boat Company, Forza X1, Hercules Electric Marine, JT Boats, Kennedy Pontoons Inc., and others.
Key questions addressed in the report
• What is the market growth rate?
• Which segment and region dominated the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected regions and segments
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Complete Vacation Rental Software Market Report Segment
By Deployment Type
By End-User
Global Complete Vacation Rental Software Market Report Segment by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
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