Germany Short Term Vacation Rental Market Size & Outlook
Germany short term vacation rental market, 2017-2030 (US$M)
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Germany short term vacation rental market highlights
- The Germany short term vacation rental market generated a revenue of USD 6,732.2 million in 2022 and is expected to reach USD 14,933.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 10.5% from 2023 to 2030.
- In terms of segment, home was the largest revenue generating accommodation type in 2022.
- Resort/Condominium is the most lucrative accommodation type segment registering the fastest growth during the forecast period.
Short term vacation rental market data book summary
| Market revenue in 2022 | USD 6,732.2 million |
| Market revenue in 2030 | USD 14,933.7 million |
| Growth rate | 10.5% (CAGR from 2022 to 2030) |
| Largest segment | Home |
| Fastest growing segment | Resort/Condominium |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Home, Apartments, Resort/Condominium |
| Key market players worldwide | Airbnb Inc Ordinary Shares - Class A, Booking Holdings Inc, Expedia Group Inc, MakeMyTrip Ltd, Tripadvisor Inc, Wyndham Hotels & Resorts Inc Ordinary Shares |
Other key industry trends
- In terms of revenue, Germany accounted for 6.1% of the global short term vacation rental market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK short term vacation rental market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 13,248.1 million by 2030.
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Short Term Vacation Rental Market Scope
Short Term Vacation Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany short term vacation rental market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to short term vacation rental market will help companies and investors design strategic landscapes.
Home was the largest segment with a revenue share of 39.03% in 2022. Horizon Databook has segmented the Germany short term vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2017 to 2030.
An increase in the number of companies opting for a hybrid work culture since the pandemic has given rise to the staycation and bleisure (travel that combines business and leisure) trends in the country. Fully or partially remote working is now common, with only a handful of companies insisting on an office only model.
A 2021 Skift and Trip Actions survey studied the patterns of nearly 800 business travelers in the EMEA region, primarily France, Germany, and the U.K. The survey also highlighted company policies pertaining to remote work, indicating an increase in remote working from 2021 to 2022.
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Target buyers of Germany short term vacation rental market databook
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Our clientele includes a mix of short term vacation rental market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany short term vacation rental market , including forecasts for subscribers. This country databook contains high-level insights into Germany short term vacation rental market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany short term vacation rental market size, by accommodation type, 2017-2030 (US$M)
Germany Short Term Vacation Rental Market Outlook Share, 2022 & 2030 (US$M)
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