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Thursday, 16 February 2017
Recent Report on Global Vacation Rental Market 2017-2021
Report : Global Vacation Rental Market 2017-2021is a new market research publication announced by Reportstack.
Report Outline: A vacation rental is an alternative lodging option, which involves the short-term rental of myriad properties, such as apartments, farm stays, private homes, cabins, beach houses, villas, cottages, or chalets to travelers and tourists. These dwelling units are offered on a nightly, weekly, or a monthly basis although the dominant practice in the market is renting it out weekly. They are also commonly referred to as holiday lettings, tourist rentals, bed and breakfast, homestays, and gites, among others. An essential attribute attached to a vacation rental is that it provides an authentic travel experience as they are commonly located within the community and provide the opportunity to take in the local flair and culture. The patterns and trends in the market have changed over time, and vacation rentals are increasingly becoming a part of the global temporary accommodation market.