Research Methodology – Vacation Rental Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Vacation Rental Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Vacation Rental Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Number of vacation rental properties available in the market
- Annual and seasonal occupancy rates
- Average rental rate per night, week, or month
- Revenue generated by vacation rentals
- Geographic location and the popularity of the region among tourists
- User preference for vacation rentals over hotels and other forms of accommodation
- Market competition including similar and substitute services
- The impact of government regulations and policies on the vacation rental market
Key Market Indicators
- Overall economic conditions and the state of the tourism industry
- Trends in property sales and property prices
- Consumers' disposable income
- Presence of online booking platforms and their user statistics
- The level of digital literacy among consumers
- Growth of travel and tourism sector
- Changes in consumer behavior and preferences
- Population demographics such as urbanisation, mobility and age distribution
Growth Trends
- Increase in the use of digital platforms for booking vacation rentals
- Growth in the number of vacation rentals as a result of increasing investment in the tourism sector
- Rising trend of 'staycations' due to the COVID-19 pandemic impact
- Increasing adoption of tech-enabled services for seamless booking and stay experience
- Trends surrounding the sharing economy and peer-to-peer accommodation sharing
- Growth in demand for unique and personalized travel experiences
- Increasing preference for vacation rentals in off-beat and rural destinations
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Vacation Rental Market . Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Vacation Rental Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights