The global peer-to-peer accommodation market is expected to grow from USD 2,984.48 million 2017 to USD 11,910.68 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 21.86%.
“Collaborative consumption business model is one of the factors largely attributing to the growth of peer-to-peer accommodation market globally”
The factors attributing to the growth of the market are collaborative consumption business model, increasing connectivity facilitated by online social network platforms, customer social motivation to connect with local communities, and demand owing to the low cost of quality accommodation. However, some factors such as privacy and safety concerns, and issues of trust, efficacy, and familiarity with the system and cost may hinder the market growth. The global peer-to-peer accommodation market is expected to showcase the opportunities such as and potential opportunities to the hoteliers. In the near future, the market may face the possible challenges in the growth due to regulatory and policy skirmishes, and lack of a mathematical framework for systematic understanding. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global peer-to-peer accommodation market.
On the basis of application, the global peer-to-peer accommodation market is studied across Hospitality and Tourism.
On the basis of geography, the global peer-to-peer accommodation market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
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“Airbnb, Inc.: The potential growing player for the global peer-to-peer accommodation market”
The key players profiled in the global peer-to-peer accommodation market are Airbnb, Inc., CouchSurfing International Inc., FlipKey, Inc., HomeAway, Inc., Homeexchange.Com Inc., HouseTrip AG, Lifealike Limited, MyTwinPlace SL, Roomorama, LLC., and Wimdu GmbH.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global peer-to-peer accommodation market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global peer-to-peer accommodation market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global peer-to-peer accommodation market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global peer-to-peer accommodation market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global peer-to-peer accommodation market.
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TABLE OF CONTENT
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
2. Research & Forecasting
2.1. Research Methodology
2.1.1. Research Instruments
184.108.40.206. Secondary Instrument
220.127.116.11. Primary Instrument
2.1.2. Research Approaches
18.104.22.168. Bottom-up Approach
22.214.171.124. Top-down Approach
2.1.3. Research Reliability & Validity
2.1.4. Research Assumptions
2.1.5. Vendor Inclusion Criteria
2.2. Forecasting Methodology
2.2.1. Methodology for Market Estimation & Forecasting
2.2.2. Significance and Importance of the Market Estimation & Forecasting
3. Executive Summary
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