ONLINE HOME RENTAL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In May 2023, on global accessibility awareness day, Airbnb, Inc. announced that its representatives had checked and verified the accuracy of nearly 300,000 accessible elements in homes all around the world. Among these were the presence of step-free entrances, fixed grab bars, or bath or shower chairs.
• In April 2023, Evolve issued its seasonal report, analyzing the largest trends in vacation rentals for the winter 2022-23 season. Evolve provides information and statistics to support short-term rental owners in making the most of performance during fluctuation periods, while keeping their competitive edge through this evolving landscape of the traveler accommodation market.
• In March 2023, Zumper is a rental platform that connects users with apartment listings, helping renters find, apply for, and lease homes online. made a totally strategic play into the short-term rental space with Vacations by Zumper, its dedicated vacation listing site, indicating the company's heightened concentration on this space, whose commitment to providing more comprehensive solutions and expansion in this space of ever-expanding temporary accommodation is evident
• In August 2022, Oravel Stays Private Limited,  a global hospitality platform offering budget accommodations and short-term rentals, acquired Bornholmske Feriehuse, a vacation rental operator, to boost its footprint across Europe.