📈Market Surveys
Market Size and Growth
Global vacation rental market size (2021): $168.40 Billion
Projected CAGR (2021-2026): 15.53%
Accelerating growth momentum observed in recent years
Key Growth Drivers
Pent-up travel demand
Post-pandemic surge in travel activities
Family travel trends
Increasing preference for spacious, home-like accommodations
Rising hotel prices
Making alternative accommodations more attractive
Increase in mom & pop investment properties
Growing supply of short-term rental properties
Target Markets
Initial focus on markets with:
High cost of luxury accommodation
Creates opportunity for value-driven alternatives
Favorable regulatory & legal environment
Ensures smooth operations and compliance
Strong destination popularity
Guarantees consistent demand
Specific target markets:
UK: Established short-term rental market with high property values
UAE (Dubai): Luxury travel destination with a growing short-term rental sector
Competitive Analysis
Fee Comparison
Airbnb
Market leader with a strong global presence
Up to 15% user booking fee
3% host charge
Vrbo
Focused on vacation rentals and family travel
Up to 15% user booking fee
5% host charge
Booking.com
Expanding from traditional hotel bookings to vacation rentals
Up to 15% user booking fee
Agoda
Strong presence in Asia-Pacific markets
15-20% user booking fee
9flats.com
European-based platform with global listings
Up to 15% user booking fee
StaynEarn's Competitive Advantage
Lower fees through token economics
Redistributes value to users, potentially offering lower overall costs
Reward system that aligns with platform growth
Incentivizes long-term engagement and loyalty
Host incentives for holding tokens
Unique proposition in the market, encouraging host retention
Web2.5 approach
Balances traditional UX with blockchain benefits
Appeals to both crypto-savvy and traditional users
Transparent and real-time reward valuation
Offers clarity on the value of earned rewards
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