In this report, we estimate the size of the vacation rental management industry using different evaluation methods. We also look at software multi-property hosts and managers prefer, and how much they spend on these solutions. The report also explores property management platforms (PMPs) and some of the challenges hosts and managers may face when selecting the right PMP for their business.
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We use several reliable data sources to estimate the number of vacation rental management companies worldwide. From there, we estimate the European and global markets.
Although each vacation rental management company is unique, managers tend to gravitate to similar software solutions. We go through several sources to determine which are managers’ favorites.
Based on software preference findings, we look at how much vacation rental managers spend on software. PMPs, dynamic pricing, cleaning apps, and tools to boost the guest experience boost the managers’ productivity.