The vacation rental market is different from hotels that offer short-term accommodations to the guests in residence. According to Grand View Research, the US vacation rental market is expected to grow at a CAGR of 8.49% from 2022 to 2026.Īirbnb is one of the online vacation rental marketplaces connecting people looking for accommodation with people who want to rent their homes. With the added benefits of being more kid and pet-friendly, vacation rentals are becoming the preferred accommodations for leisure travel. Travelers increasingly prefer vacation rental properties and homes as they offer more comfort, privacy, and value than hotels. With an increasing number of people sharing their homes with travelers as a source of income, knowing how to build an app like Airbnb can be the start of a great business. ![]() ![]() ![]() The gig economy is booming now more than ever, and the rising number of Airbnb hosts and Uber drivers are a testament to that.
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