{"id":323,"date":"2024-08-21T11:30:05","date_gmt":"2024-08-21T11:30:05","guid":{"rendered":"https:\/\/realestatedekho.com\/news\/?p=323"},"modified":"2024-11-16T08:55:03","modified_gmt":"2024-11-16T08:55:03","slug":"the-future-of-short-term-rentals-in-india","status":"publish","type":"post","link":"https:\/\/realestatedekho.com\/news\/2024\/08\/21\/the-future-of-short-term-rentals-in-india\/","title":{"rendered":"The Future of Short-Term Rentals in India"},"content":{"rendered":"\n

Vacation rentals still represent a relatively small segment in India\u2019s hospitality industry. Research we put out last August (India on the Move: A Traveler Survey)<\/a> showed around 62% of Indian travelers prefer hotels for domestic trips, and only 7% opt for vacation rentals.\u00a0<\/p>\n\n\n\n

But several factors suggest that the short-term rental market has significant potential.<\/p>\n\n\n\n

Skift Research\u2019s preliminary analysis indicates that the Indian short-term rental industry is poised to expand into a $3 billion market by 2033.\u00a0 In a previous report<\/a>, we estimated that it was expected to generate approximately $1.3 billion in revenue in 2022.\u00a0<\/p>\n\n\n\n

Let\u2019s get into the reasons why there\u2019s room for more growth.\u00a0<\/p>\n\n\n\n

Real Estate Dekho<\/p>\n\n\n\n

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