The US Vacation Rental Market: Size & Trends Impact Analysis of COVID-19 and Forecast up to 2026

DELHI, India - April 25, 2022 - PRLog -- n 2021, the US Vacation rental market was valued at US$14.32 billion in 2021, and is expected to reach up to US$21.53 billion in 2026. Vacation rental market describes a home, apartment, condo, villa or resort which gets rented by the property manager from time-to-time to local and/or international tourists. The popularity for vacation rental has grew significantly over the years because of their benefits such as low cost, comfort, kids and pet-friendly accommodation. The US vacation rental is expected to grow at a CAGR of 8.49% over the forecasted period of 2022-2026.

Vacation rentals have become more and more popular. According to global travel market researche company Phocuswright, the percentage of travellers who stayed in a vacation rental more than tripled from 2011 to 2019, from 10% to 34%. This trend was accelerated by COVID-19, as many travellers preferred vacation rentals over hotels for safety reasons.

Scope of the Report:

--An in-depth analysis of the US vacation rental market by value, by accomdation, by booking mode, etc.

--A detailed analysis of the US vacation rental market by users and by penetration rate.

--Comprehensive information about US market. This report analyses the market for various segments across the US.

--Provides an analysis of the COVID-19 impact on the US vacation rental market.

--Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall US vacation rental market has also been forecasted for the period 2022-2026, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.

--Evaluation of the potential role of vacation rental in the US to improve the market status

--Identification of latest technological developemnts, and revolutionary changes occurring in the market.

--In-depth profiling of the key players, including the assessment of the business overview, market strategies, regional and business segments of the leading players in the market.

--The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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