Vacation Rental Software Market Likely to Expand Exponentially with Enhanced Cloud Capabilities

Published on : Oct 15, 2018

Albany, New York, October 15, 2018: Lodging during vacations and holidays has undergone a paradigm shift with more tourists eventually choosing holiday rentals over posh hotel stays. This has intensified demands for apt vacation rental software to streamline multiple operations and aid property managers in offering superlative services. Market Research Hub (MRH) has recently collated a new research report titled, ‘Global Vacation Rental Software Market Size, Status and Forecast 2018-2025’ in its fast expanding repository to gauge recent market advances and their corresponding implications on the growth of vacation rental software market.

To remain industry specific in its offerings market players are incorporating novel technological solutions such as automation to sustain stiff competition and ensure sustenance in vacation software market. Innovations in accessibility and ease of handling remain noted concerns in vacation rental market. In addition to automated services market players are also inclined towards cloud compatibility to incur reasonable lead in the competitive landscape. In addition to feature innovations noted market players in vacation rental market are also diverting substantial investments towards strategic mergers and acquisitions to harbor dominance in vacation rental software market.

Airbnb and Lodgify Integrated Resources for Enhanced Features in Vacation Rental Software Market

In the light of strategic collaborations, a report recently affirmed strategic collaboration between Lodgify and Airbnb. The two entities have invested in API integration that is expected to aid users in real-time booking. The agreement is also expected to allow Lodgify users to advertise in Airbnb on a single click. The collaboration is expected to aid multichannel operations for property managers and owners. Ongoing advancements to ensure channel management are expected to aid growth in vacation rental software market and position Lodgify favorably on the growth trajectory of vacation ental software market.

The report entails crucial details on various market segments prevalent in global vacation rental software market. The report identifies type and application as dominant segments in global vacation rental software market. Based on type the market is classified as cloud based software and on-premise software. On the basis of application vacation rental software market is diversified as homeowners and agency. Thorough research elements gleaned in the report allow readers to decipher the implications of segments in steering growth in global vacation rental software market, also enabling readers to identify the segment associated with intensified revenue generation.

In addition to above segments in vacation rental software market, this section of the report also allows readers to gauge regional diversification of vacation rental software market, based on which the market is demarcated as Europe, United States, China, Japan, Southeast Asia, Central and South America, and India.

Key Players: Vacation Rental Market

Elaborate research elements compiled in the report allow readers to gauge the effectiveness of marketing strategies in leveraging favorable end-user response besides fuelling growth. The report offers a brief on potential market vendors along with their marketing strategies, market share, and production capabilities to cement lead. Some of the potent market players profiled in the report include, BookingSync, Ciirus Inc., Kigo Inc., Lodgify, and LiveRez, 365Villas amongst a host of other prominent players.

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