Vacation Rental Market to Reach $159.43 Billion by 2033; Surge in Spending on Travel & Accommodation to Propel Growth [Yahoo! Finance Canada]
Expedia Group, Inc. (EXPE)
Last expedia group, inc. earnings: 2/13 04:01 pm
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Source: Yahoo! Finance Canada
accommodations in condominiums and resorts to drive vacation rental market growth. Europe emerged as the largest market for the global Vacation Rental market, with a 33.89% share of the market revenue in 2023. Newark, June 20, 2024 (GLOBE NEWSWIRE) -- As per the report published by The Brainy Insights, the global vacation rental market is expected to grow from USD 91.50 Billion in 2023 to USD 159.43 Billion by 2033, at a CAGR of 5.71% during the forecast period 2023-2033. The hospitality sector is considered one of the oldest sectors in the world, but vacation rentals are considered the newest in this sector. This market is growing due to a surge in spending on travel and accommodation, especially because of millennials. Based on one of the studies, Millennials account for around 200,000 million tourists globally, and they spend around USD 180 Billion on travelling in a year. This factor eventually favours the market as many travellers favour vacation rentals over hotels because o
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News
- If EPS Growth Is Important To You, Expedia Group (NASDAQ:EXPE) Presents An Opportunity [Yahoo! Finance]Yahoo! Finance
- One Of Europe's Hottest Vacation Destinations Bans Short-Term Rentals [Yahoo! Finance]Yahoo! Finance
- Here's Why The Brown Capital Management Mid Company Strategy Decided to Sell Expedia Group (EXPE) [Yahoo! Finance]Yahoo! Finance
- Travel Industry Professional Women Gather for Third Annual Women in Travel THRIVE at HSMAI Day of Impact 2024 [Yahoo! Finance]Yahoo! Finance
- Vacation Rental Market to Reach $159.43 Billion by 2033; Surge in Spending on Travel & Accommodation to Propel Growth [Yahoo! Finance]Yahoo! Finance
EXPE
Earnings
- 5/2/24 - Beat
EXPE
Sec Filings
- 6/27/24 - Form 8-K
- 6/18/24 - Form 11-K
- 6/4/24 - Form 4
- EXPE's page on the SEC website