Global Short Term Vacation Rental Market Size & Outlook
The short term vacation rental industry worldwide is expected to reach a projected revenue of US$ 256,306.3 million by 2030. A compound annual growth rate of 11.2% is expected of the worldwide short term vacation rental industry from 2023 to 2030.
Revenue, 2022 (US$M)
$109,761.4
Forecast, 2030 (US$M)
$256,306.3
CAGR, 2023 - 2030
11.2%
Report Coverage
Worldwide
Global short term vacation rental market, 2017-2030 (US$M)
Related Markets
Global short term vacation rental market highlights
- The global short term vacation rental market generated a revenue of USD 109,761.4 million in 2022 and is expected to reach USD 256,306.3 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 11.2% by 2030.
- In terms of segment, home accounted for a revenue of USD 45,892.8 million in 2022.
- Resort/Condominium is the most lucrative accommodation type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 109,761.4 million |
| Market revenue in 2030 | USD 256,306.3 million |
| Growth rate | 11.2% (CAGR from 2022 to 2030) |
| Largest segment | Home |
| Fastest growing segment | Resort/Condominium |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Home, Apartments, Resort/Condominium |
Other key industry trends
- In terms of revenue, the North America accounted for 35.2% of the global short term vacation rental market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 2,577.9 million by 2030.
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Short Term Vacation Rental Market Scope
Short term vacation rental market segmentation & scope
Short Term Vacation Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global short term vacation rental market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to short term vacation rental market will help companies and investors design strategic landscapes.
home was the largest segment with a revenue share of 41.81% in 2022. Horizon Databook has segmented the Global short term vacation rental market based on home, apartments, resort/condominium covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Short Term Vacation Rental Accommodation Type Outlook (Revenue, USD Million, 2017-2030)
- Home
- Apartments
- Resort/Condominium
- Others
- Global Short Term Vacation Rental Booking Mode Outlook (Revenue, USD Million, 2017-2030)
- Online
- Offline
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Target buyers of Global short term vacation rental market databook
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Our clientele includes a mix of short term vacation rental market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global short term vacation rental market , including forecasts for subscribers. This global databook contains high-level insights into Global short term vacation rental market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global short term vacation rental market statistics, by regions, 2017-2030 (US$M)
Top 10 countries: Short term vacation rental market size, 2022 (USD Million)
Top 10 countries: Short term vacation rental market size, 2022 (USD Million)
Global short term vacation rental market, by region, 2022 (US$M)
Related regional statistics
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