Brand Story
29 Sep 2022, 22:29 GMT+10
The global alternative accommodation market is estimated to garner US$ 626.5 Billion while exhibiting a 16.2% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 139.6 Billion in 2022.
Increasing use of the internet and ease of booking provides lucrative opportunities for the growth of the market. Increasing awareness about travel management software among end-users is expected to propel the growth of the market. Increasing spending power and availability of budget travel options boost the growth of the alternative accommodation market. High investment in the tourism sector and development by government authorities are anticipated to offer opportunities for expansion in the forecast period
The online segment based on booking mode is likely to offer remunerative opportunities for the global alternative accommodation market. Several emerging economies are making significant developments in their technological sector, thereby, providing lucrative opportunities to players in the market.
Download Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-15400
Key Takeaways:
"Increasing popularity of homestays among domestic and international travelers and high investment in the tourism sector for development by government authorities are expected to fuel the demand for alternative accommodation market over the forecast period"
Competitive Landscape
Key players in the global alternative accommodation market are holidu.co.uk; Trivago; Airbnb, Inc.; Booking.com; VRBO (Expedia Group); MakeMyTrip Limited; Wyndham Destinations Inc.; HomeToGo; Peakah; Trip.com Group Limited; TripAdvisor, Inc among various others
Ask for Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-15400
Recent updates from the industry are:
More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global alternative accommodation market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of by Accommodation Type (Home, Apartments/Condominium, Alternative Accommodation & Camping, Hostel, Others) by Booking Mode (Online/Platform-based, Offline) and Region (North America, Europe, APAC, MEA, and Latin America)
About the Consumer Product Division at Future Market Insights
The consumer product team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analysing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.
Talk to Our Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-15400
Key Segments Covered in the Alternative Accommodation Industry Analysis
Alternative Accommodation Market by Accommodation Type:
Alternative Accommodation Market by Booking Mode:
Have a Look at Related Research Reports of Retail and Consumer Product Domain:
Waterproof Socks Market: As per newly released data by Future Market Insights (FMI), the waterproof socks market is estimated at USD 28.0 million in 2022 and is projected to reach USD 33.9 million by 2027,
Natural Cosmetics Market: Global natural cosmetics market was valued over US$ 36 Bn in 2019. Following the ban of hundreds of potentially harmful chemical ingredients in a span of cosmetics by the FDA and in the European Union (EU),
Shoe Insert Market: The global shoe insert market valuation is poised to reach US$ 4 Bn in 2022. Increasing incidence of arthritis, foot misalignment, and discomfort during sports activities will increase sales at a steady 5.6% CAGR.
CBD Skin Care Market: As per newly released data by Future Market Insights (FMI), the CBD skin care market is estimated at US$ 2,359.5 Mn in 2022 and is projected to reach US$ 10,376.4 Mn by 2028.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/alternative-accommodation-market
For Sales Enquiries: [email protected]
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
The post Alternative Accommodation Market will be exhibiting a 16.2% CAGR Valuation by 2032 | FMI appeared first on Future Market Insights.
This content is published on behalf of the above source. Please contact them directly for any concern related to the above.
This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
Get a daily dose of Raleigh Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Raleigh Times.
More InformationMILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...
PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...
FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...
REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...
WASHINGTON, D.C.: In a significant ruling last week, the U.S. Supreme Court upheld a Texas law requiring age verification for users...
Birmingham [UK], July 7 (ANI): After England's heavy 336-run defeat to India, captain Ben Stokes hinted at the possibility of Jofra...
The virus was likely first developed at the University of North Carolina, the analyst claims Covid-19 was almost certainly developed...
(Photo credit: Kirby Lee-Imagn Images) Sacramento State head coach Brennan Marion reached into Southeastern Conference territory...
(Photo credit: Stephen Brashear-Imagn Images) Dan Wilson and Ken Griffey Jr. were teammates when the latter hit a franchise-record...
(Photo credit: Kamil Krzaczynski-Imagn Images) The Chicago Cubs set a franchise record by bashing eight home runs in a single game...